KBTG Vietnam Company Limited | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards
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FAST ENTERPRISE CATEGORY

KBTG Vietnam Company Limited

Information about the Company
KASIKORN Business-Technology Group (KBTG) is the technology arm of KASIKORNBANK (KBank), one of Thailand’s leading commercial banks. KBTG fully focuses on IT operations, supporting KBank and K-Group on its digital transformation journey and day-to-day business.

KBTG produces innovations to be one step ahead in the banking industry and pave its way toward the future. The company’s flagship mobile banking application “K PLUS” is ranked as the No. 1 finance application in the Asia Pacific, serving over 21 million customers in all aspects of their financial needs 24/7.

In particular, KBTG Vietnam Company Limited (KBTG Vietnam), was established in 2022 to empower innovations and connect people with financial technology. With K PLUS Vietnam, one of the fastest-growing banking applications in Vietnam, the company’s customers have the most powerful financial tool at their fingertips.

KBTG Vietnam’s vision is to become one of the best technology companies in Vietnam by 2026, while its mission is to serve as an IT hub for KBank and create new S-Curve innovations in Vietnam.

The company’s Corporate Values are to be One Step Ahead (Always Innovate Beyond Boundaries); have One Goal (setting small goals toward KBTG’s one big goal); work as One Team (with a We Before Me mindset); become the Number One (strive for the best and become better at over time); and instill a “Together, we are #OneKBTG” mindset in the work culture.

Corporate Culture & Company Activities
KBTG embraces the Co-Innovation Runway as part of its culture to push for more innovation initiatives. This covers Co-Ideate (exploring customer goals, researching pain points, and brainstorming for opportunities); Co-Design & Co-Develop (collectively creating a Minimum Viable Product [MVP] to validate customer pains and solutions); Co-Pilot (pilot the MVP to retrieve feedback from real users and research findings to develop the next steps); and Co-Launch (reveal the final product or service to public users and scale together in support of a growing customer base).

KBTG's growth strategy consists of 2 main purposes, running the bank and creating the future. The company aspires to be the best in these two areas. As the technological arm of KBank, the company helps the bank realize its digital ambitions by developing new services and managing the overall IT architecture that supports K-Group as a whole. On the other hand, KBTG has its own ambitions to produce customer-first innovations and pioneer new S-curve businesses. It employs its fintech expertise to support customers in every step of life. That includes collaborating with its partners in different ecosystems from healthcare, food and beverage, entertainment, insurance, and many more, ensuring that wherever and whatever their customers do, KBTG Vietnam is there to support them.

Believing that great technologies are created by the hands of great people, KBTG Vietnam has done many sustainable talent development initiatives. At KBTG, it deploys a “design your own career” strategy, which allows its staff to grow their career in managerial or technical tracks. The company also provides work opportunities for its talents to join their international counterparts and develop banking solutions across the region. Thus, the company's rapid growth is fully supported in parallel with the growth of its talents.
Achievements and Impact
KBTG oversees more than 500 applications, from its core banking system to its digital service channels. The company’s achievements include K PLUS, Thailand’s No. 1 mobile banking application that serves 21 million users across the nation and is currently expanding across the region. The company’s most successful innovations include K PLUS, K SHOP, Thai NLP, Core Banking, MAKE by KBank, KhunThong, Car AI, and many more.

After establishing K-Tech, a China-based technology hub in Shenzhen, KBTG set up KBTG Vietnam in Ho Chi Minh City to facilitate overseas operations. Its next step is to expand its business to Indonesia.

In addition, KBTG Vietnam believes that young talents will become the future industry leaders shaping Vietnam, which is why it invests in building a young tech talent ecosystem by offering to teach banking and project management classes to local students. The company also provides internship opportunities and allows its interns to innovate new digital products. These initiatives have allowed it to not only attract top talents but also create a sustainable tech talent ecosystem that will serve as a foundation for future technological advancements in Vietnam’s banking industry and the region beyond.

Future Direction
Aside from supporting the bank, new research and innovative ideas are born from the company’s lab every day. It creates its own products and services while collaborating with partners to innovate solutions for their business and satisfy its customers’ needs. To maximize operational capacity, each company and unit under KBTG is dedicated to different areas, from infrastructure, design, software development, operation, cyber security, and innovation. These efforts are all made in pursuit of the new frontier of digital assets and DeFi.

KBTG invests its effort in data science, machine learning, and deep tech research such as AI, blockchain, facial recognition, NLP, quantum, and much more, uncovering newfound possibilities.

FAST ENTERPRISE CATEGORY

KBTG Vietnam Company Limited

Information about the Company
KASIKORN Business-Technology Group (KBTG) is the technology arm of KASIKORNBANK (KBank), one of Thailand’s leading commercial banks. KBTG fully focuses on IT operations, supporting KBank and K-Group on its digital transformation journey and day-to-day business.

KBTG produces innovations to be one step ahead in the banking industry and pave its way toward the future. The company’s flagship mobile banking application “K PLUS” is ranked as the No. 1 finance application in the Asia Pacific, serving over 21 million customers in all aspects of their financial needs 24/7.

In particular, KBTG Vietnam Company Limited (KBTG Vietnam), was established in 2022 to empower innovations and connect people with financial technology. With K PLUS Vietnam, one of the fastest-growing banking applications in Vietnam, the company’s customers have the most powerful financial tool at their fingertips.

KBTG Vietnam’s vision is to become one of the best technology companies in Vietnam by 2026, while its mission is to serve as an IT hub for KBank and create new S-Curve innovations in Vietnam.

The company’s Corporate Values are to be One Step Ahead (Always Innovate Beyond Boundaries); have One Goal (setting small goals toward KBTG’s one big goal); work as One Team (with a We Before Me mindset); become the Number One (strive for the best and become better at over time); and instill a “Together, we are #OneKBTG” mindset in the work culture.

Corporate Culture & Company Activities
KBTG embraces the Co-Innovation Runway as part of its culture to push for more innovation initiatives. This covers Co-Ideate (exploring customer goals, researching pain points, and brainstorming for opportunities); Co-Design & Co-Develop (collectively creating a Minimum Viable Product [MVP] to validate customer pains and solutions); Co-Pilot (pilot the MVP to retrieve feedback from real users and research findings to develop the next steps); and Co-Launch (reveal the final product or service to public users and scale together in support of a growing customer base).

KBTG's growth strategy consists of 2 main purposes, running the bank and creating the future. The company aspires to be the best in these two areas. As the technological arm of KBank, the company helps the bank realize its digital ambitions by developing new services and managing the overall IT architecture that supports K-Group as a whole. On the other hand, KBTG has its own ambitions to produce customer-first innovations and pioneer new S-curve businesses. It employs its fintech expertise to support customers in every step of life. That includes collaborating with its partners in different ecosystems from healthcare, food and beverage, entertainment, insurance, and many more, ensuring that wherever and whatever their customers do, KBTG Vietnam is there to support them.

Believing that great technologies are created by the hands of great people, KBTG Vietnam has done many sustainable talent development initiatives. At KBTG, it deploys a “design your own career” strategy, which allows its staff to grow their career in managerial or technical tracks. The company also provides work opportunities for its talents to join their international counterparts and develop banking solutions across the region. Thus, the company's rapid growth is fully supported in parallel with the growth of its talents.
Achievements and Impact
KBTG oversees more than 500 applications, from its core banking system to its digital service channels. The company’s achievements include K PLUS, Thailand’s No. 1 mobile banking application that serves 21 million users across the nation and is currently expanding across the region. The company’s most successful innovations include K PLUS, K SHOP, Thai NLP, Core Banking, MAKE by KBank, KhunThong, Car AI, and many more.

After establishing K-Tech, a China-based technology hub in Shenzhen, KBTG set up KBTG Vietnam in Ho Chi Minh City to facilitate overseas operations. Its next step is to expand its business to Indonesia.

In addition, KBTG Vietnam believes that young talents will become the future industry leaders shaping Vietnam, which is why it invests in building a young tech talent ecosystem by offering to teach banking and project management classes to local students. The company also provides internship opportunities and allows its interns to innovate new digital products. These initiatives have allowed it to not only attract top talents but also create a sustainable tech talent ecosystem that will serve as a foundation for future technological advancements in Vietnam’s banking industry and the region beyond.

Future Direction
Aside from supporting the bank, new research and innovative ideas are born from the company’s lab every day. It creates its own products and services while collaborating with partners to innovate solutions for their business and satisfy its customers’ needs. To maximize operational capacity, each company and unit under KBTG is dedicated to different areas, from infrastructure, design, software development, operation, cyber security, and innovation. These efforts are all made in pursuit of the new frontier of digital assets and DeFi.

KBTG invests its effort in data science, machine learning, and deep tech research such as AI, blockchain, facial recognition, NLP, quantum, and much more, uncovering newfound possibilities.