Thailand Embedded Finance Business Databook 2024: A $6.18 Billion Market
According to a recent report by GlobeNewswire, the embedded finance business in Thailand is projected to reach a market value of $6.18 billion by 2024. This growth signifies a significant opportunity for businesses operating in the finance sector in Thailand.
The embedded finance business model involves integrating financial services into non-financial platforms, making it easier for consumers to access financial products and services. This trend has been gaining momentum in Thailand, with more businesses looking to capitalize on the potential benefits of embedded finance.
As Thailand continues to embrace digital transformation and innovation in the finance sector, the embedded finance market is expected to see continued growth in the coming years. This presents a promising opportunity for businesses looking to expand their offerings and reach a wider audience in Thailand.
Overall, the forecasted growth of the embedded finance business in Thailand highlights the evolving landscape of the finance industry in the country and the potential for businesses to thrive in this rapidly growing market.