FinTech Australia has signed a memorandum of understanding (MOU) with the Thai Fintech Association to foster fintech capabilities between Australia and Thailand. The MOU was signed in Bangkok by Chonladet Khemarattana, president of the Thai Fintech Association, and Brian Collins, deputy chair at FinTech Australia, during the Money20/20 Asia event. This partnership aims to explore opportunities and collaborations within Thailand and the broader Southeast Asian region.
Brian Collins highlighted the massive growth potential for local fintech sectors in these regions. The collaboration is further supported by Australia's Southeast Asia Economic Strategy to 2040, which emphasizes the digital economy as a key sector for bilateral trade and investment. Dr. Angela Macdonald PSM, Australian ambassador to Thailand, and Chonladet Khemarattana both expressed optimism about the partnership's potential to drive innovation and mutual benefits for both countries' fintech ecosystems.
Source: The Fintech Times
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