Krungsri Finnovate, the corporate venture arm of Krungsri Financial Group, announced three new investments in global startups—Alpaca (BaaS brokerage platform), Qoala (Southeast Asian InsurTech), and Whale (Enterprise AI for customer experience). The moves expand its ~5B THB portfolio across 30+ startups including 4 unicorns, signaling Thailand's major financial institution's strategic pivot toward AI, digital infrastructure, and regional FinTech ecosystems. Notably, these investments aim to bridge startups with Krungsri's domestic and regional operations for co-development opportunities.
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