KASIKORNBANK FINANCIAL CONGLOMERATE reaffirms its leadership in financial innovation and digital technology with the introduction of Orbix Group at Money20/20 Asia ? a global fintech seminar to be held April 22-24, 2025, at the Queen Sirikit National Convention Center. The event brings together global and regional banks, leading payment service providers from Asia and around the world, tech leaders, investors and venture capital firms, startups, top regulatory bodies in Asia, and various media platforms. At the event, KASIKORNBANK executives will share their vision and insights on the transformation of the financial industry in the digital age. They will also officially unveil Thailand's digital asset ecosystem, aiming to enhance the capabilities of a fully integrated digital asset service platform. Orbix Group stands as the most comprehensively licensed financial business group in Thailand's digital asset space, driving forward business strategies that align with future demands.
KASIKORNBANK executives take the global stage
Mr. Pipit Aneaknithi, President of KASIKORNBANK (KBank), said, "Money20/20, a premier global fintech event, is being held in Bangkok for the second time, reaffirming the city's status as a world-renowned hub for fintech growth in Asia. KBank is taking part in a panel discussion titled 'Legacy Banks in the New Economy: Innovation, Agility, and Customer-Centric Transformation'. The session will explore how traditional banks are being transformed in today's new economy through innovation, adaptability, and a customer-first mindset." During the panel, Mr. Pipit will share KBank's vision of shaping the future of finance through innovation and a mission rooted in sustainability. He will emphasize the Bank's ability to evolve and thrive through crises, becoming a true early adopter. A key example of this success is K PLUS, the Bank's mobile banking app, which has become Thailand's most-used digital banking platform. KBank continues to embrace emerging technologies, foster partnerships, and develop platforms tailored to evolving needs, all with the goal of enhancing the customer experience across every dimension. This approach aligns with the direction of the new economy, driving financial innovation in the blockchain space while connecting its strategies in digital assets and ESG to advance sustainable development for the country.
Mr. Vasin Vanichvoranun, KBank's Executive Vice President, will participate in the panel discussion titled, "Digital Banks vs. Legacy Banks: Will 2025 Be the Tipping Point?" ? a dialogue exploring the competition between digital and traditional banks from the perspectives of global financial leaders. He will share key insights, emphasizing that traditional banks can maintain their relevance and effectively compete with digital banks by transforming into hybrid banks. This approach combines their inherent strengths ? such as trust and long-standing customer relationships ? with cutting-edge digital experiences and strategic partnerships to access new markets. Critical strategies for this transformation include investing in innovation, reshaping organizational culture, and leveraging the human touchpoints to instill confidence
in security. These strengths empower customers to live and do business anytime, anywhere, through comprehensive services tailored to evolving consumer behaviors in the digital era. He will also point out the importance of expanding beyond traditional banking, advancing towards a new financial ecosystem. This includes initiatives such as establishing financial business groups to support the digital asset ecosystem and delivering end-to-end services to drive growth in the new era of finance.
Dr. Karin Boonlertvanich, KBank's Executive Vice President, will officially announce the launch of Orbix Group, presenting a bold vision: "Delivering services that encompass the entire digital asset ecosystem in Thailand." This marks a major leap forward in laying the foundation for the future of Thailand's financial industry. Driven by a commitment to building secure, trustworthy, and regulation-compliant infrastructure that is genuinely accessible to both retail and institutional investors, Orbix Group aims to position Thailand as a leading regional hub for fintech and digital assets.
He also notes, "Providing services that span the entire digital asset ecosystem will be a driving force in raising the bar for the industry and fostering long-term investor confidence. We place the highest priority on security and regulatory compliance as we lay the foundation for a robust and sustainable digital financial system in Thailand." Orbix Holdings Company Limited is officially launching Orbix Group as a full-service provider within the digital asset ecosystem. The Group is committed to redefining the digital investment experience through seamless, end-to-end services underpinned by robust data protection and security technologies.
There are currently five companies under the Orbix Group offering comprehensive services across the digital asset ecosystem:
- Kubix - Thailand's first ICO portal under a financial business group which has been approved by the Office of the Securities and Exchange Commission (SEC)
- Orbix Trade - A digital asset exchange that has attracted interest from a wide range of investors
- Orbix Invest - A licensed digital asset fund manager approved by the Ministry of Finance and regulated by the SEC
- Orbix Technology - The developer and provider of Quarix, a regional blockchain infrastructure designed to drive real-world use cases
- Orbix Custodian - Thailand's first licensed digital asset custodian, approved by the Ministry of Finance and regulated by the SEC.
Towards the Future of Fintech and Digital Assets
The participation of KBank and Orbix Group in Money20/20 Asia, under the KASIKORNBANK FINANCIAL CONGLOMERATE, reflects their shared vision to drive financial innovation and their commitment to advancing digital assets as a key enabler for the future of finance that is regulated, accessible and held to high industry standards.