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The post Thailand’s KBank sets up a $100 million fund for web and AI startups! appeared first on Coinpedia Fintech News
Thailand’s Kasikorn Bank (KBank) has announced the launch of a $100 million fund aimed at investing in web and artificial intelligence startups. The fund, called KXVC, has been established by KBank’s tech arm, Kasikorn Business Technology Group (KBTG). The move comes as the bank looks to expand its digital capabilities and strengthen its position in the market against rivals. Observers say the investment is significant in the context of Southeast Asia’s growing tech ecosystem.
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