These Fintech Startups Help Reshape Retail Investments in Bangkok

Financial technology, or simply “fintech,” is defined as new technology that aims to “improve and automate the delivery and use of financial services,” according to financial media website Investopedia. It uses innovative software and algorithms on computers and smartphones to improve business and personal financial management.

Fintech plays a transformative role in the retail investment industry by providing access to revolutionary services, including using data and artificial intelligence as investment strategies to assess opportunities, risks, as well as portfolio optimisation to bridge the gap between financial literacy and potential retail investors.

We’ve listed four startup companies that are focused on retail investments and operate in the venture capital space of Thailand.

Finnomena

Finnomena is a fintech startup in Bangkok established by leading investment experts in the kingdom. The company named itself after the words “finance,” investment,” and “phenomena.”

Its goal is to “unlock the investment potential in Thai people by providing tools and knowledge needed in investing and personal financial planning.”

The Finnomena Port is the company’s official app and a platform where users can help design their mutual fund portfolios, keep tabs on market conditions, and plan out investments for free. They also have expert consultants in tax planning, private wealth, private banking, and private investment.

Other areas of Finnomena’s specialisation are gold price and trade, stocks, equity, cryptocurrency, and AI technology. 

Learn more about Finnomena

Location: Finnomena, 923 Block 28 Building A, 2nd and 3rd Floor, Soi Chula 8, Wang Mai, Pathum Wan District Bangkok

iWs Wealth Advisory

iWs Wealth Advisory is a fintech startup in Bangkok that specialises in personal and family wealth management based on international financial principles and is led by certified financial planners to ensure compliance with the global standard.

The company aims to become its clients’ “long-term life partner” in achieving their financial objectives, especially in times of financial crisis. Experts from iWs also provide essential information and systematic analysis of global financial products offered by various financial institutions.

Part of iWs’ comprehensive planning services are retirement and long-term care solutions, personal wealth solutions, family comprehensive solutions, wealth distribution, exit planning, risk management and insurance planning, and family holdings structures. 

Learn more about iWs Wealth Advisory

Location: iWS Wealth Advisory Limited, 98 Sathorn Square Building. 30th Fl. North Sathorn Rd., Bangrak, Bangkok

Jitta

When it comes to learning about financial analysis and investments, Jitta welcomes newbies and seasoned pros. This fintech startup in Bangkok provides investing solutions to help investors make more informed decisions, develop their own strategies, and select the most appropriate methodology by simplifying complex financial data as well as the process of analysing investments and stocks.

The company’s platform introduces reliable features, such as a list of high-quality companies for potential investment opportunities, presets of investing strategies for stocks, financial reports for the last 10 years and 10 quarters, customisable factsheets for financial indicators, and fine-tuning of investment strategy to optimise portfolio performance. 

Learn more about Jitta

Location: Jitta House, 1111/127 Ladprao Road, Chantarakasem Sub-district, Chatuchak District, Bangkok

FinVest

With the goal to make the investing process quick and secure, FinVest is an investment app that provides access to domestic and international investment options and helps potential investors choose the right fund that matches their lifestyle.

In November 2020, leading banks in Thailand partnered with FinVest to boost their personal financial service platforms. The company safeguards all app-based financial transactions through encryption managed by Robowelth Securities Company Limited and under the supervision of the SEC.

The app also curated a list of more than 1,500 funds from 36 leading asset management firms in the world. You can invest for as low as THB1 without a minimum investment fee for domestic funds. Foreign funds, on the other hand, will be charged a minimum fee of THB30,000. 

Learn more about FinVest

Location: FinVest, 6th Floor, Zuellig House Building, 1-7 Silom Road, Silom, Bangrak, Bangkok