Mr. Anuwat Luengtawekul EVP, Chief Retail & Small Business Banking at Thanachart Bank, said “It is our strategic direction to enhance our digital technology capability to deliver a better customer experience. The new Value Chain Financing Program will digitalize the traditional supply chain process and revolutionize SME access to finance.”

SMEs can experience challenges trying to find finance fast enough to maintain good working capital and ensure continued growth. The partnership with Beehive Asia, part of the global Beehive fintech group, will offer enhanced digital financial solutions to SMEs looking to improve liquidity through Invoice Finance.Beehive, a fintech pioneer, has considerable experience developing digital finance products for SMEs.