Krungsri Finnovate

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About Krungsri Finnovate

Krungsri Group officially opened its doors on April 1, 1945. We found immediate public favor, grew rapidly and listed on the Stock Exchange of Thailand on September 26, 1977.

In 2013, Krungsri Group reached key milestone in our history when we became a subsidiary of The Bank of Tokyo‐Mitsubishi UFJ, Ltd. (BTMU), which is the wholly‐owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), Japan’s largest banking group and one of the world’s largest and most diversified financial groups.

On March 2017, Krungsri set up new subsidiary called Krungsri Finnovate Company Limited, which is Venture Capital business under the regulatory and investment guideline of the Bank of Thailand.

Providing Corporate Venture Capital that aims to help Fintech startup grow to reach its goal through synergy from Krungsri Bank’s asset, Krungsri Finnovate, an affiliate of Bank of Ayudhya PCL., aims to be fully Strategic Investor who helps start-up grow to reach its goal through Krungsri RISE Accelerator and our support and synergy from Bank of Ayudhya (Krungsri Bank) valuable asset.

We have a key mission to support and promote Thai and south-east asian Fintech startups in the forms of accelerator & academic collaboration, startup project management and corporate venture capital (CVC). Krungsri RISE and Krungsri Uni Startup speeds up digital development and innovation of Fintech startups not only through funding support but also facilitation in terms of resources, knowledge, and expertise sharing.

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