STARM partners with Thailand Post to expand sales and loan channels nationwide

M&A · Partnership
โดย InfoQuest·TH·Read original
Summary · why it matters

Star Money Public Company Limited (STARM) has signed a memorandum of understanding (MOU) with Thailand Post Company Limited to expand sales and loan channels through Thailand Post's nationwide branch network and customer base, focusing on B2B, B2C, SME, and e-commerce customers through both online and offline channels. The collaboration will include loan application acceptance, installment payment collection, and the distribution of electrical appliances and IT products in potential post office branches. Mr. Choosak Wiwatwongkasem, Managing Director of STARM, stated that this partnership will help expand the customer base and drive continuous growth. Meanwhile, Mr. Danan Suphattharaphun, Chief Executive Officer and President of Thailand Post, said it will enable people and entrepreneurs to access financial services more conveniently, especially SMEs and e-commerce entrepreneurs.

Impact on stocks 1

Consumer Discretionary · 1 stocks

Off-coverage companies 1

Thailand PostPrivate▲ Positive
Demandrelevance

Thailand Post gains new business by offering financial services and product distribution.