FinTech payments platform Nium, based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. In a joint statement, the two companies said the move is part of an effort by Kasikornbank (KBank) to ramp up its “digital...
Thailand’s Kasikornbank (KBank) will provide loans of up to 600,000 baht ($19,570) to eCommerce merchants selling on the Shopee platform, Reuters reported on Wednesday (Oct. 2). The second-largest lender in Thailand said aside from no-doc loans, it will also offer guidance and education. “We will...
Cross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. These transactions reached $144 billion in value in 2014 and could hit $240 billion by 2024. The latest Smarter Payments Tracker looks at the infrastructure developments...
August 22, 2023
Thai bank Kasikornbank is reportedly in talks to purchase consumer finance company Home Credit Vietnam. That’s according to a report by Reuters, citing two sources who say the potentially $1 billion deal could help Kasikornbank (also known as KBank) with its ambition of becoming one of Vietnam’s top 20 banks in terms of assets by 2027. Sources told […]
May 19, 2020
FinTech payments platform Nium, based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. In a joint statement, the two companies...
October 02, 2019
Thailand’s Kasikornbank (KBank) will provide loans of up to 600,000 baht ($19,570) to eCommerce merchants selling on the Shopee platform, Reuters reported on Wednesday (Oct. 2). The second-largest lender in...