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Stripe teams up with Krungsri Finnovate and 500 Thailand to support startups in Thailand

Stripe, a financial infrastructure platform for businesses, on February 17 announced partnerships with Krungsri Finnovate, the corporate venture capital arm of Krungsri (Bank of Ayudhya PCL), and venture capital firm 500 Thailand to accelerate the growth of Thailand’s vibrant startup ecosystem.

The resilient Thai startup scene continues to grow, despite many challenges faced by startup communities all around the world. The community saw an almost 10 times increase in the number of startups from 102 in 2018 to over 1,000 in 2022.

“Stripe is excited to partner with Krungsri Finnovate and 500 Thailand to expand opportunities for Thai entrepreneurs and help them scale locally and globally,” said Tee Chayakul, Country Director, Stripe Thailand. “Our mission is to increase the…

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