Bangkok Bank InnoHub Partnership Program
The program allows you to efficiently collaborate with one of Thailand and Southeast Asia’s largest commercial banks.
About the Program
After two successful seasons of Bangkok Bank InnoHub’s accelerator program, we changed our engagement model to the Bangkok Bank InnoHub Partnership Program. The Program accepts applications on a rolling basis with the objective to be more open and approachable all year round. Technology companies can apply to InnoHub for a structured engagement program. Once selected, the company will engage with experts from Bangkok Bank and Bualuang Ventures who will guide them through a process designed to provide technology companies with the opportunity to secure a Proof-of-Concept (POC) and Pilot Project with the bank, as well as potential investment. Other stakeholders, such as consortiums, organizations and government agencies can contact InnoHub for potential collaboration.
Area of Focus
We are looking to work with startups and technology companies to create solutions that benefit Bangkok Bank’s retail and corporate customers and add value to the financial ecosystem across the following strategic themes:
- How can we better understand our customers to anticipate their needs?
- How can we optimize customer interactions in branches and digital channels to improve satisfaction and loyalty?
- How do we create unique experiences that keep our clients engaged across our online and offline channels?
Sample technologies: customer profiling, gamification, loyalty, chatbot, VR/AR/MR, IoT, robotics, social media listening, social commerce, virtual banking, queue management, digital onboarding and authentication
- How can we digitize and automate our workflows to improve process efficiency?
- How can we enhance customer information management and enable efficient sharing of information throughout the Bank?
Sample technologies: collaborative tools, digital onboarding, recommendation engines, AI-enabled automation, process management and monitoring solutions, OCR
- How can we use new technologies to better service SMEs and their customers?
- How can we analyze multiple sources of information and data to better evaluate the credit worthiness of SME customers?
- What are the future credit solutions for SMEs?
Sample technologies: AI in credit scoring, alternative data processing, cash flow management software, cloud accounting, invoice automation
- How can we improve efficiencies and cut costs for local and international payments?
- What are the innovative payment systems that would integrate with social commerce opportunities?
- How can we extend our product reach to underbanked customers?
Sample technologies: e-wallet, IoT, beacon technologies, mobile payment, card payment, cross-border payment
- How can we go beyond traditional ways of delivering banking services?
- How can we deploy technologies such as AI and machine learning to analyze and develop new systems and ways of working as efficiently as other applications?
- How can we integrate the Internet of Things into financial services and the lives and businesses of our customers?
- How can we leverage RegTech in areas such as information collection, monitoring transaction activities, and pattern analysis to optimize our compliance systems?
Sample technologies: RegTech, fraud monitoring, biometrics, structured risk profiles, AI & machine learning, intelligent search, natural language processing, predictive analytics, internet of things, sensors, etc.
Why Bangkok Bank InnoHub Partnership Program?
Bangkok Bank InnoHub Partnership Program connects local and international startups, innovators and thought leaders with consumers, businesses and SMEs across the region.
We collaborate with local and international tech companies and talent. We aim to add value to the local and regional ecosystems by drawing on our extensive network, experience and expertise to hardwire innovation into our banking services to satisfy customers, create new experiences and offer new products and services.
Benefits
This program extends beyond traditional seminars that focus only on the basics of building a business. Instead, the Bangkok Bank InnoHub Partnership Program assigns a dedicated champion to each technology company in order to understand their unique needs and ways of working. Experts from Bangkok Bank’s business and technical teams will guide each participant towards a potential pilot that will help them secure meaningful partnerships in the future.
Access Bangkok Bank and Nest’s global network of specialists in technology integration adoption
Gain guidance through a structured process working towards a potential pilot integration project with Bangkok Bank
Investment advice from Nest and Bualuang Ventures, who have a fund dedicated to investing in high-potential growth-stage companies in Thailand and overseas
Exposure to the innovation ecosystem in Thailand and a network in Asia as a foundation for future expansion
Access to customer insights regionally and internationally via one of Thailand’s largest commercial banks
We Are Proud Of Our Alumni
FAQs
What type of technology company and stakeholders is the Bangkok Bank InnoHub Partnership Program focusing on?
We are looking for partners in the area of FinTech and beyond. Within FinTech, we have a particular interest in, but are not limited to, technology companies working on customer experience, digitization and automation, business solutions, as well as cutting edge technologies and infrastructure.
What stage of development should technology companies be at in order to be considered for the Bangkok Bank InnoHub Partnership Program?
Companies that have a functioning prototype, a product that is looking for validation in a commercial setting, or a revenue-generating technology company looking to scale into new high potential markets are best suited to work with the Program.
What role is Bangkok Bank going to play in the Bangkok Bank InnoHub Partnership Program?
Bangkok Bank is committed to empowering and supporting local and international entrepreneurs. During the program, you will receive consultation from Bangkok Bank experts to help you develop your solution, guide you towards a potential PoC and pilot, and open doors to strategic partners, investors, and future customers.
What is the collaboration model for entities that are not technology companies?
The Program is open for partnership discussions with stakeholders such as consortiums, organizations and government agencies. The collaboration model will be co-developed on a case-by-case basis where appropriate.
How can participants receive funding?
Funding will be considered on a case-by-case basis. You may have the opportunity to showcase your products and services to Bualuang Ventures, the corporate venture capital arm of Bangkok Bank, in order to secure financial support.
How does the application process work?
Interested technology companies can contact us directly using the <link here>. Please provide information about your company, your solution and your team by answering a few simple questions. You also have the option of providing a video and pitch deck that describes your business and shows evidence of your solution, but this is not required, and will not increase the chances of a successful application.
How detailed do I need to be in the application?
When is the deadline to apply and what’s the overall timeline?
The Program is run on an ongoing basis which means you can apply at any time. Once we receive your application the initial vetting process will take up to two weeks. After that is completed we will contact you to discuss the next steps.
