KBank plans to leverage its 14.5 million customer base to appeal to startups who want exposure

KBank, Thailand’s third-largest lender, recently launched its KATALYST project to help startups work with the bank, as reported by Thailand Business News.

The project aims to “equip startups with advice on business operation, knowledge and application of technology for business expansion both at home and abroad as well as financial support to propel Thai startups toward success”.

In the press conference, KBank said that startups participating in the KATALYST project will get an opportunity to make a campaign with KBank, which has a customer base of over 14.5 million.

In addition, the startups will have a chance to receive capital via Beacon Venture Capital Co., Ltd., which is KBank’s venture capital arm.

They also can expand their business bases abroad via KBank’s KVision Co., Ltd., which is the bank’s established holding company to invest in startups and explore innovation at a regional level.

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Source: E27