Reference
·Primary source
Bank of Thailand virtual bank licence count
3 licences (Jun 2025)
The Bank of Thailand (BoT) granted three virtual bank licences in June 2025: the Krungthai-Gulf-Advanced Info Service (AIS)-OR consortium (CLICX), the SCBX-KakaoBank-WeBank consortium, and the Ascend Money-Charoen Pokphand-Ant Group consortium. Each licensee must launch full retail operations within one year of the licence grant, with target commercial launch dates falling between Q2 and Q4 2026. Each must meet a minimum registered capital of THB 5 billion, with paid-up capital scaling toward THB 10 billion in operating phase.
Figure in context
The Bank of Thailand (BoT) granted three virtual bank licences in June 2025: the Krungthai-Gulf-Advanced Info Service (AIS)-OR consortium (CLICX), the SCBX-KakaoBank-WeBank consortium, and the Ascend Money-Charoen Pokphand-Ant Group consortium. Each licensee must launch full retail operations within one year of the licence grant, with target commercial launch dates falling between Q2 and Q4 2026. Each must meet a minimum registered capital of THB 5 billion, with paid-up capital scaling toward THB 10 billion in operating phase.
The Bank of Thailand (BoT) granted three virtual bank licences in June 2025: the Krungthai-Gulf-Advanced Info Service (AIS)-OR consortium (CLICX), the SCBX-KakaoBank-WeBank consortium, and the Ascend Money-Charoen Pokphand-Ant Group consortium. Each licensee must launch full retail operations within one year of the licence grant, with target commercial launch dates falling between Q2 and Q4 2026. Each must meet a minimum registered capital of THB 5 billion, with paid-up capital scaling toward THB 10 billion in operating phase.
Time scope
March 2024 applications opened, June 2025 licences awarded, 2026 launch window
Source basis
Primary source
Interpretation notes
What this tells you
The Bank of Thailand (BoT) granted three virtual bank licences in June 2025: the Krungthai-Gulf-Advanced Info Service (AIS)-OR consortium (CLICX), the SCBX-KakaoBank-WeBank consortium, and the Ascend Money-Charoen Pokphand-Ant Group consortium. Each licensee must launch full retail operations within one year of the licence grant, with target commercial launch dates falling between Q2 and Q4 2026. Each must meet a minimum registered capital of THB 5 billion, with paid-up capital scaling toward THB 10 billion in operating phase.
What not to do with it
BoT framework caps virtual bank count at 3 in the first wave; subsequent waves contingent on regulatory review of first-wave performance.
Related figures
Adjacent numbers that add context without drowning the value.
Kasikornbank K PLUS active users (2020-2024)
Kasikornbank, KBANK investor presentations, Bank of Thailand FinTech tracker
TrueMoney Wallet users (2020-2024)
Ascend Money disclosures, Ant International filings, Bank of Thailand FinTech tracker, The Nation
Thai mobile banking transaction volume growth
Bank of Thailand Payment Systems Department statistics, National ITMX, BoT FinTech tracker
Virtual bank consortium capital targets
Bank of Thailand virtual bank framework, Krungthai-Gulf-AIS press releases, SCBX-KakaoBank disclosures, Ascend Money announcements
Advanced Info Service (AIS) subscribers
Advanced Info Service, NBTC market data, Bangkok Post telecoms coverage
7-Eleven Thailand store count
CP All Plc, CPALL operational updates, Bangkok Post retail coverage
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.