.
However, Bualuang Ventures has not invested in any companies yet.
With the rapid growth of fintech, Thai banks are keen on investing in fintech startups.
Kasikornbank is considering joining the R3 consortium, but the decision has yet to be finalised.
A collaboration between its subsidiary, Kasikorn Business-Technology Group, and fintech startups is a priority of the country's fourth largest bank by assets, said president Teeranun Srihong.
Meanwhile, Siam Commercial Bank has invested in Singapore-based Golden Gate Ventures in a bid to boost the bank's digital foothold through startups across Southeast Asia.
The bank has also invested in Ripple, a San Francisco-based leader in blockchain technology, through its investment arm in Digital Ventures.