SCB 10X is a corporate venture capital subsidiary of Siam Commercial Bank, established in 2020 and headquartered in Bangkok, Thailand. The company is dedicated to creating long-term value by investing in exponential technologies and supporting innovative entrepreneurs. SCB 10X focuses on sectors such as financial services, information technology, artificial intelligence, blockchain, software as a service, big data, insurance technology, virtual reality, and robotics. With a global investment strategy, it seeks opportunities particularly in the United States, China, Israel, and Southeast Asia. The firm aims to empower underserved markets and foster partnerships that drive technological advancement.
RakkaR Digital provides custody and related services for digital assets, focusing on the security and protection of these assets from unauthorized access and cyber threats. Operating primarily in Hong Kong, ASEAN, and various other countries, including Singapore and Thailand, the company aims to support enterprises and institutions in securely storing and accessing digital assets and cryptocurrencies. RakkaR Digital is committed to expanding its presence in the region, offering clients a reliable solution for managing their digital assets in an increasingly digital financial landscape.
Sunday
Series B in 2021
Founded in Thailand in 2017, Sunday is the first full-stack InsurTech group adopting data models and technology to offer multiple insurance products and services across the entire customer journey. The company provides auto insurance, health insurance, and travel insurance. Sunday reinvents the entire insurance offering and experience to ensure that customers' needs are met anytime, anywhere.
Flash Express
Series E in 2021
Flash Express is a logistics and transportation company based in Bangkok, Thailand, that specializes in door-to-door pickup and delivery services. Established in 2017, the company leverages its in-house developed technology and Big Data to digitize and standardize the delivery process, which enhances operational efficiency and enables competitive pricing. In addition to its core delivery service, Flash Express operates under the Flash Group umbrella, offering a range of integrated e-commerce solutions. These include Flash Logistics for large item deliveries, Flash Fulfillment for goods storage, and Flash Home for parcel delivery agent services, as well as Flash Money for financial services. This comprehensive approach allows Flash Express to meet diverse client needs while ensuring fast and cost-effective service.
MyCloudFulfillment
Series A in 2020
MyCloudFulfillment is a Thailand-based e-commerce fulfillment service that provides comprehensive warehousing solutions for e-commerce and multi-channel businesses. The company operates an order management platform specifically designed for the Southeast Asian market, offering full API access to various marketplaces, websites, and social commerce platforms. With three warehouses totaling 15,000 square meters, MyCloudFulfillment efficiently manages the logistics of storing, packing, and shipping products for up to 500 clients. Its platform streamlines the flow of online orders and stock updates, facilitating seamless integration with multiple sales channels and enhancing operational efficiency for its customers.
Sunday
Series A in 2020
Founded in Thailand in 2017, Sunday is the first full-stack InsurTech group adopting data models and technology to offer multiple insurance products and services across the entire customer journey. The company provides auto insurance, health insurance, and travel insurance. Sunday reinvents the entire insurance offering and experience to ensure that customers' needs are met anytime, anywhere.
Omise
Series C in 2020
Omise Co., Ltd. operates an online payment platform designed for both web and mobile applications, enabling users to easily transfer funds, process refunds, and store customer payment information for future transactions. Founded in 2013 and based in Bangkok, Thailand, Omise aims to simplify the online payment experience, particularly in markets like Thailand, Japan, and Singapore, where traditional payment processing can be cumbersome. The platform provides a range of processing solutions that facilitate seamless payment acceptance for businesses, including credit and debit card transactions and bill payments through various banking methods. Omise also offers APIs for developers to integrate payment functionality into their applications. The company prioritizes security and has achieved compliance with PCI-DSS standards, ensuring that transactions meet the requirements of major payment networks. By addressing the challenges of online payment processing, Omise seeks to create a reliable and user-friendly solution for both merchants and consumers.
OneStockHome
Seed Round in 2017
OneStockHome is a B2B e-commerce platform, currently web base only, that streamlines building material sourcing process into one place. Factories can save their time and cost at distributing the right information to end consumers, whereas contractors can save their time from sourcing from various place and subsequently saving their cost from unreliable sources of information. The platform enhances contractors to make faster decision for their construction project , therefore, help saving cost for project owners. OneStockHome is a Thailand-based company that was founded in 2009.
Seekster
Seed Round in 2017
Seekster is a prominent property service platform in Thailand that caters to various cleaning and maintenance needs. The company operates an online marketplace that connects service seekers with local laborers, offering instant access to maids and technicians on demand. By utilizing a digital medium, Seekster streamlines the process of finding and hiring service providers, allowing clients to efficiently manage their chores while saving time and money. The platform also tracks the services rendered, enhancing the overall customer experience.
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