- Lighthub and WeLab partner for Thai virtual bank
- They target underserved markets using AI
- The consortium combines local reach and fintech expertise
A Dynamic Duo Emerges
Lighthub Asset and WeLab have teamed up to apply for a virtual banking license in Thailand.
The consortium, combining Lighthub’s extensive local network and WeLab’s proven fintech expertise, aims to revolutionize Thailand’s banking sector through AI-powered services.
Banking on Innovation
The partnership plans to focus on underserved segments, including solopreneurs and MSMEs.
By leveraging advanced technologies like AI, big data analytics, and edge computing, they intend to offer tailored financial products and services to foster financial inclusion and economic growth.
A Fintech Power Play
Both companies bring impressive credentials to the table. Lighthub Asset boasts a reach of 46 million Thai customers across various sectors, supported by 150,000 service channels.
WeLab, a pan-Asian fintech platform, serves over 65 million users and has successfully launched virtual banks in Hong Kong and Indonesia.
