On February 20, 2017, MoneyTable Public Company Limited announced its VC (Venture Capital) investors and the innovations that the company is bringing to the FinTech (Financial Technology) industry by answering the financial needs of working people in the digital age. The company is aiming to improve lives of people in the community through the uses of new technology in finance. A press conference was held at the Ananda Development office where the emphasis of new technology and new ideas were seen and felt throughout the newly renovated campus.
Mr. Tridbodi Arunanondchai, co-founder of MoneyTable, shared his vision of the new online ecosystem financial platform and how it will help bridge the gap between the financial needs of organizations and consumers. He also took the occasion to give gratitude toward the investors who saw the potential and trust in MoneyTable, which includes Mr. Chatchaval Jiaravanon, Mr. Chualapayap Srikarnchana, K2 Venture Capital, and Kejora Ventures.
Management Team
Mr. Arunanondchai also mentioned MoneyTable’s future plans and partnership opportunities with prominent figures who share the same vision as MoneyTable. This includes Mr. Sunthorn Arunanondchai, Mr. Chanond Ruangkritya, Mr. Soontorn Dentham, Mr. Suvicha Sudchai, and Dr. Akkarit Sangpetch
Mr. Tridbodi Arunanondchai and Mr. Chanond Ruangkritya Chairman of the Executive Committee / President and Chief Executive Officer of Ananda Development PLC
Mr. Tridbodi Arunanondchai and Mr. Soontorn Dentham Founder and Managing Director of Humanica Co., Ltd.
Mr. Tridbodi Arunanondchai and Mr. Suvicha Sudchai Managing Director, Digital Products of Digital Ventures Co., Ltd.
Mr. Tridbodi Arunanondchai and Dr. Akkarit Sangpetch Blockchain expert / Professor of Computer Engineering, Faculty of Engineering, King Mongkut's Institute of Technology Ladkrabang
About MoneyTable
MoneyTable is a new innovation that combines financial technology, human resource management, and the highest level of security to create the ultimate "People Tech Ecosystem" that will improve living standard for all working people.
MoneyTable team consists of highly talented individuals who have variety of skills and vast experiences from leading global companies like McKinsey, SAP, HSBC, Barclays, BAY, TISCO, AIG, Accenture, Allianz, aCommerce, and Lazada. Our team is a strong mix of qualified expertise in financial services and seasoned entrepreneurs. We want to be the solution to the growing needs of customers in the digital age by providing services that are easily accessible, transparent, and easy for all to use.
Our service uses many cutting-edge technologies that include:
- An online ecosystem platform that connects people together to satisfy their financial needs. The platform provides a convenient, easy-to-use, and efficient option for those looking for ways to explore their personal financial options.
- Smart network that uses blockchain and decentralized data network to provide extra protection for information integrity. This means that data is highly secured and users can be certain that all of their financial information is safe, complete, and accurate.
- Credit scoring is a statistical analytic system that analyses a person’s financial history and determine their credibility. A credit score information is used to select and rank qualified candidates that are best within the ecosystem. Together with the use of Big Data and machine learning algorithm, it is possible to minimize issues that come with incompetent and untrusted parties.
The company is partnered with like-minded organizations who understand the importance of incorporating new technologies and ideas to improve quality of modern life. This includes Ananda Development PLC who revealed their “Ananda UrbanTech” strategy with plans to use technology to improve Thai communities and landscapes; financial institutions and leading insurance companies who expressed great interest in how FinTech will change the lives of their customers; and large conglomerates like Loxley PLC who is providing a wide array of support for MoneyTable to expand and grow in the coming future.
MoneyTable has been very well-received by high-profile investors around the world. The company raised over US $1.5 million seed funding from investors including Mr. Chatchaval Jiaravanon, Mr. Chualapayap Srikarnchana, K2 Venture Capital from Singapore, and Kejora Ventures from Indonesia.
The team at MoneyTable has just recently won the top “Rising Star” award under the team name of C3.Finance from the “Thailand FinTech Challenge”, a competition held by Bank of Thailand, the Securities and Exchange Commission (Thailand), the Office of Insurance Commission, and 6 other regulatory agencies. Currently, C3.Finance is in the process of sandboxing with the Bank of Thailand. The service is expected to fully launch soon this year.
Management Team
Tridbodi Arunanondchai Founder and Chief Commercial Officer (CCO) of MoneyTable,
with over 10 years of experience in banking and financial industry
Siwat Vilassakdanont Chief Executive Officer (CEO) of MoneyTable,
with extensive experiences managing startup companies
Piya Jootar Chief Product Officer (CPO) of MoneyTable,
with technological expertise and over 15 years of consulting works on SAP system
Kridchaya Komonsittivate Chief Operating Officer (COO) of MoneyTable,
with business process expertise and over 15 years of experience in SAP system
Nat Malasit Chief Technology Officer (CTO) of MoneyTable,
with technological expertise in SAP HR and Web App systems from over 15 years of working on large projects for international and Thai markets
Thanayut Sriariyawat Chief Strategy and Risk Officer (CRO) of MoneyTable,
with expertise in risk management information system from working for prominent banking institutions
Investors
- Chatchaval Jiaravanon Chairman of the Board of Finansia Syrus Securities PCL
- Chualapayap Srikarnchana Chairman of Asia Insurance PCL
- K2 Venture Capital Venture capital partnership between TIH Limited and Loxley PCL
- Kejora Ventures Venture capital with its headquarters in Jakarta, Indonesia. The company invests in new startup technologies and has offices in Thailand, Indonesia, Philippines, and
Singapore
Partners
- Sunthorn Arunanondchai Chairman of the Ek-Chai Distribution System Co., Ltd. (TESCO Lotus)
- Chanond Ruangkritya Chairman of the Executive Committee / President and Chief Executive Officer of Ananda Development PLC
- Soontorn Dentham Founder and Managing Director of Humanica Co., Ltd.
- Suvicha Sudchai Managing Director, Digital Products of Digital Ventures Co., Ltd.
- Dr. Akkarit Sangpetch Blockchain expert / Professor of Computer Engineering, Faculty of Engineering, King Mongkut's Institute of Technology Ladkrabang