Reference
·Primary source
Kasikornbank K PLUS active users (2020-2024)
~22M (2024)
Kasikornbank's K PLUS mobile app crossed 22 million active users by end-2024 per KBANK investor disclosures, up from roughly 14 million in 2020. K PLUS remains the largest commercial-bank mobile banking app in Thailand by active users, narrowly ahead of SCB Easy (~18 million) and Krungthai Next (~17 million). The platform processes more than 60% of KBANK's retail transactions and is positioned as the primary defensive moat against incoming virtual bank challengers.
Figure in context
Kasikornbank's K PLUS mobile app crossed 22 million active users by end-2024 per KBANK investor disclosures, up from roughly 14 million in 2020. K PLUS remains the largest commercial-bank mobile banking app in Thailand by active users, narrowly ahead of SCB Easy (~18 million) and Krungthai Next (~17 million). The platform processes more than 60% of KBANK's retail transactions and is positioned as the primary defensive moat against incoming virtual bank challengers.
Interpretation notes
What this tells you
Kasikornbank's K PLUS mobile app crossed 22 million active users by end-2024 per KBANK investor disclosures, up from roughly 14 million in 2020. K PLUS remains the largest commercial-bank mobile banking app in Thailand by active users, narrowly ahead of SCB Easy (~18 million) and Krungthai Next (~17 million). The platform processes more than 60% of KBANK's retail transactions and is positioned as the primary defensive moat against incoming virtual bank challengers.
What not to do with it
Values in millions of active users (monthly active basis per KBANK disclosure). Includes K PLUS retail customers only; excludes K BIZ and K Cyber Banking segments.
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Report context
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