SCB 10X is a holding company of Siam Commercial Bank (SCB Group).
SCB 10X, is a holding company of Siam Commercial Bank (SCB Group).
January 2020
SCB 10X, a holding company of Siam Commercial Bank (SCB Group), was established in January 2020 to achieve exponential growth through technology innovations and investments via its three arms: Venture Builder, Venture Capital, and Strategic Investment & Partnership
SCB 10X, a holding company of Siam Commercial Bank (SCB Group).
SCB 10X Co., Ltd., a holding company among other subsidiaries of Siam Commercial Bank (SCB Group), was established in January 2020 with "The Moonshot Mission" to achieve exponential growth through technology innovations and investments beyond banking via its three arms: Venture Builder, Venture Capital and Strategic Investment & Partnership. The Moonshot Mission represents ideas, creations that capture future market needs beyond frontier.
VENTURE BUILDER
Venture Builder supports talented individuals or business entrepreneurs with funding, as well as the “Venture Building Platform.” The Venture Building Platform assists entrepreneurs with fast and easy ramp up of their venture business, from product experiment up to scale-up. For example, it provides a network of talent for entrepreneurs for fast talent sourcing and recruitment, efficient middle & back-office operations as shared services, and a well-connected network of partners.
VENTURE CAPITAL
Venture Capital invests in early stage startups in promising technology areas globally, to generate both strategic and financial returns for SCB. Our investment focus is primarily in the areas of Fintech and Financial services, Blockchain and Decentralized Finance (DeFi), Digital Work and Lifestyle, Digital Health and Wellness, Interconnected World and IoT, and Deeptech.
STRATEGIC INVESTMENT & PARTNERSHIP
Strategic Investment & Partnership invests and partners with growth stage technology companies, which are in the area of SCB 10X’s four priority ecosystems; Fintech and Financial Services, Blockchain Bank and Decentralized Finance (DeFi), Digital Work and Lifestyle, and Digital Health and Wellness. We look for opportunities to provide capital to technology companies and to collaborate with them, in order to develop new technology joint ventures or partnerships, further enhancing value for the businesses that we establish together with our partners.