Thai Fintech Association

What Thai Fintech Association does

Thai Fintech Association (TFA) is a Bangkok-based non-profit industry association founded in 2016, established as Thailand's official coordinating body for the fintech ecosystem. It connects fintech startups, traditional financial institutions, technology vendors, educational institutions, and government regulators through a horizontal membership platform, supported by sub-committees covering Wealthtech, Digital Asset, Insurtech, Payment, and Crowdfunding verticals.

TFA's product surface is built around community services rather than technology products: a tiered Membership Program, the 'Unleashing Future of Finance' educational course covering topics from tokenization to AI in finance, the 'Flex' Fintech Program with 10x1000 Tech for Inclusion, and a portfolio of industry events including co-organized roundtables with LexisNexis Risk Solutions, tech socials with OceanBase and CDOTrends, and partner slots at Singapore FinTech Festival and Money20/20 Asia. The association also plays an active role in regulatory collaboration, working with the Bank of Thailand, SEC Thailand, OIC, and ETDA on fintech sandbox initiatives and policy development.

Revenue is generated through membership packages, event fees, and sponsorships — visible sponsors include Sumsub, Amber Star, and Nium — but specific pricing and financial figures are not publicly disclosed. Leadership comprises an elected executive committee led by President Chonladet Khemarattana (also Thailand CEO of Webull), Vice President Jirayut Srupsrisopa, Secretary General Amarit Franssen, Treasurer Thanobol Cenphakdee, and Registrar Aekkasit Diewwanit. The association has pursued international expansion via MOUs with Zhejiang Association of FinTech (China, 2022) and Austrade (Australia, 2024).

Name

Thai Fintech Association

Legal name

Thai Fintech Association

Website

https://thaifintech.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Thai Fintech Association is a Bangkok-based non-profit industry association founded in 2016 that connects Thailand's fintech startups, banks, regulators, and educators through membership programs, educational courses, policy advocacy, and industry events.

Ownership category

akta.pro rank

Product category

Industry Trade Association

akta.pro primary industry

Fintech & Payments Partner / ISO Referral Networks (FSAEAMAK)

Keywords

• Fintech industry association
• Fintech ecosystem development
• Fintech policy advocacy
• Fintech education programs
• Financial inclusion initiatives

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Distribution channels1 record

Marketing channels6 records

Core offering

Thai Fintech Association is a non-profit industry association that operates a membership-based platform connecting fintech companies, financial institutions, regulators, and educational bodies in Thailand. Its core offerings include tiered membership packages, educational programs such as the 'Unleashing Future of Finance' course, industry events and forums, and advocacy initiatives focused on fintech policy, API exchange development, and ecosystem development.

Product overview

Thai Fintech Association (TFA) is a non-profit industry association that serves as the central coordinating body for Thailand's fintech ecosystem. Rather than offering a unified product platform, TFA provides a portfolio of community services including membership programs, educational initiatives, event organization, and industry advocacy. The association connects fintech stakeholders through networking platforms, organizes training courses like the 'Unleashing Future of Finance' program, hosts or partners on industry events including the Singapore FinTech Festival and Group Treasurers Innovation Forum, and facilitates collaboration between fintech companies, financial institutions, regulators, and educational institutions. TFA's activities are organized around sub-committees covering Wealthtech, Digital Asset, Insurtech, Payment, and Crowdfunding sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Membership Program Tiered membership packages providing companies and individuals access to the Thai fintech ecosystem, including networking opportunities, exclusive events, member discounts (e.g., 20% off Singapore FinTech Festival Delegate Passes), and visibility through the member directory.
• Unleashing Future of Finance Course A comprehensive fintech training course covering Fintech Era, Wealth Tech, Cryptocurrency, Tokenization, Global Cross Border Payments, Startup Fundraising, Digital Banking, Fintech in Real-estate, Fintech Regulations, Green Fintech, and AI in Finance, taught by industry experts and targeted at professionals seeking fintech knowledge.
• Fintech Community Platform A networking platform connecting fintech stakeholders, including featured interviews with industry leaders, connections to global fintech associations, and a member ecosystem directory for visibility and collaboration.
• Vision & Mission Advocacy Platform Industry advocacy initiatives focused on sustainable fintech development through domestic and global networking, API exchange development for financial and capital markets, education partnerships, and venture capital engagement.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

22 partnerships are on record, tiered core and minor.

• LexisNexis Risk SolutionscoreStrategic or Co-development Partner · 1 June 2024Partnership to hold exclusive roundtable on 'Strengthening Financial Crime Compliance and Fraud Prevention in Thailand' to address compliance challenges faced by fintech companies.
• HSBC ThailandcoreStrategic or Co-development Partner · 1 May 2024TFA formalized a memorandum of understanding with HSBC Thailand to collaborate on fintech initiatives, knowledge sharing, and supporting the development of Thailand's fintech ecosystem.
• Austrade (Australian Trade and Investment Commission)coreGTM or Marketing Partner · 1 April 2024Collaboration to organize 'Australia – Thailand Fintech Connect' event to foster cross-border fintech partnerships and business connections between Australia and Thailand.
• Money20/20 AsiacoreGTM or Marketing Partner · 1 April 2024TFA participated in 'Money Twilight: Unleashing Connection in Thailand' networking event alongside Money20/20 Asia.
• OceanBaseminorGTM or Marketing Partner · 1 January 2024Co-organizing 'Data Tech Trends & Predictions for 2025' tech social event in partnership with CDOTrends to discuss GenAI and multi-model databases.
• CDOTrendsminorGTM or Marketing Partner · 1 January 2024Co-organizing 'Data Tech Trends & Predictions for 2025' event with OceanBase and TFA to discuss future of data technology.
• Zhejiang Association of FinTech (ZAFT)coreStrategic or Co-development Partner · 1 March 2022MOU signed to empower Thai Fintech Association onto international stage and promote cross-border fintech collaboration between Thailand and Zhejiang, China.
• National FinTech Sandbox (F13)coreStrategic or Co-development Partner · 1 January 2021TFA partnered with TCCC Tech and LiPA Solution to support the National FinTech Sandbox 'F13 Batch 1' program for fintech testing and development.
• Bank of Thailand (BOT)coreOthersTFA collaborates with Bank of Thailand on regulatory sandbox initiatives, digital finance conferences, and fintech policy development.
• Securities and Exchange Commission (SEC) ThailandcoreOthersTFA works with SEC Thailand on capital market innovation, regulatory discussions, and fintech sandbox programs.
• National Innovation Agency (NIA)coreStrategic or Co-development PartnerPartnership to support fintech startups and innovation initiatives in Thailand, including promotional activities and ecosystem development.
• Electronic Transaction Development Agency (ETDA)coreStrategic or Co-development PartnerCollaboration on digital transformation initiatives and fintech ecosystem development in Thailand.
• Office of Insurance Commission (OIC)coreOthersPartnership with insurance regulator for insurtech development and regulatory coordination.
• 10x1000 Tech for InclusioncoreStrategic or Co-development PartnerLaunched 'Flex' Fintech Program in Thailand to provide fintech education and training opportunities.
• Singapore FinTech Festival (SFF)coreGTM or Marketing PartnerTFA is a partner organization of SFF, offering exclusive 20% discount on Delegate Passes for TFA members. The festival attracted over 66,000 participants from 150 countries in previous edition.
• APRACA (Asia-Pacific Rural and Agricultural Credit Association)minorStrategic or Co-development PartnerWelcomed APRACA, Skydrive Technologies and delegations from Ethiopia to promote cross-border fintech knowledge sharing.
• Krungsri FinnovatecoreGTM or Marketing PartnerCollaboration on Finno Efra Accelerator program offering investment opportunities of 7-40 million baht for Thai startups.
• EfraStructurecoreGTM or Marketing PartnerCo-organized Finno Efra Accelerator program with Krungsri Finnovate to support early-stage Thai fintech startups.
• Bangkok UniversitycoreStrategic or Co-development PartnerMOU signed to develop and promote fintech curriculum and educational programs.
• NIDA (National Institute of Development Administration)coreStrategic or Co-development PartnerPartnership with KMITL and TFA to deliver complete fintech certification program.
• KMITL (King Mongkut's Institute of Technology Ladkrabang)coreStrategic or Co-development PartnerPartnership with NIDA and TFA to deliver complete fintech certification program.
• UNHCR (United Nations High Commissioner for Refugees)minorStrategic or Co-development PartnerJointly organized 'Standing with Refugee Women – Tech and Humanitarian Synergy' event to promote financial inclusion for refugees.

Recent moves6 records

Expansion highlights5 records

Direct peers

• Fintech Australia: Australia's peak fintech industry body, structurally identical to TFA as a non-profit association representing fintech firms, advocating with regulators (ASIC, RBA), and running industry events. Highly comparable business model and value proposition.
• Singapore FinTech Association: The national fintech industry association of Singapore with the same mandate of connecting fintech stakeholders, policy advocacy, and ecosystem development. Most directly comparable to TFA given both are member-based national fintech bodies in ASEAN, both partner with regulators, and both collaborate on Singapore FinTech Festival programming.
• Asosiasi Fintech Indonesia (AFTECH): Indonesia's national fintech industry association; same model of connecting fintech stakeholders, engaging regulators (Bank Indonesia, OJK), and promoting Indonesia as a fintech hub. Directly comparable peer given parallel ASEAN positioning.
• Zhejiang Association of FinTech (ZAFT): China's Zhejiang-based fintech industry association and TFA's formal cross-border MOU partner. Directly comparable as a regional fintech industry association with formal cooperation agreement with TFA.
• Malaysia Fintech Association (MyFintech): Malaysia's fintech industry association; directly comparable as a neighboring ASEAN national fintech body with the same role of ecosystem coordination, policy advocacy, and member services.
• Fintech Association of Japan: Japan's national fintech industry association providing networking, policy advocacy, and educational programs. Same non-profit industry-association model and stakeholder-coordination mandate as TFA.
• Hong Kong FinTech Association: Hong Kong's fintech industry association focused on ecosystem development, regulatory engagement, and cross-border partnerships. Direct peer in function and structure, operating in a competing regional fintech hub.
• FinTech UK: UK's industry body for fintech with member-driven advocacy, policy engagement, and ecosystem programming. Same model as TFA but operating from a more mature fintech market; useful benchmark for scalable association models.
• Korea Fintech Industry Association: South Korea's fintech industry association with parallel mandate of industry advocacy, member services, and ecosystem development. Comparable as a national fintech association in a developed Asian market.

Others

• Cambridge Centre for Alternative Finance (CCAF): Global research body that maintains the CCAF Atlas referenced on TFA's homepage. Comparable as an ecosystem-mapping and research institution interacting with national fintech associations; relevant peer in ecosystem data and policy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ThaiFintechAssociation
• Xx.com/ThaiFintech
• LinkedInlinkedin.com/company/thai-fintech-association

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thai Fintech Association