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Aswin Phlaphongpanich and DeeMoney Shine at Money20/20: Pioneering Cross-Border Payments in Thailand

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In the dazzling world of fintech, where innovation meets convenience, DeeMoney emerges as Thailand’s knight in shining armor, offering unparalleled cross-border payment solutions. Gracing the grand stage of Money20/20 Asia, alongside financial titans like JP Morgan and avant-garde thinkers from the Bank of Thailand, DeeMoney carved its name into the annals of financial history. The spotlight was all on Aswin Phlaphongpanich, the visionary CEO and Co-Founder, as he delved into the intricate tapestry of ASEAN’s cross-border payment ecosystem in a discussion that was nothing short of enthralling.

Titled “Navigating Challenges and Opportunities in ASEAN’s Cross-Border Payment Landscape”, the discussion wasn’t just another dialogue. It was a journey steered by Mr. Aswin Phlaphongpanich through the choppy waters of Thailand’s fintech realm, revealing the undercurrents that shape its very essence. DeeMoney, under his stewardship, thrives on innovation. Yet, the road is riddled with challenges, from the Gordian knot of KYC (Know Your Customer) processes that foreigners struggle to untangle, to the labyrinthine paths of securing licensure in a complex regulatory environment.

But fret not, for DeeMoney’s story is one of resilience and unity. The true spirit of collaboration was underscored by Mr. Aswin as he proudly spoke of forging alliances with over 70 financial behemoths. These are not just partnerships; they are the bulwark against the regulatory siege and technological hurdles, a testament to DeeMoney’s pledge to break down barriers. Envisioning a bridge between ASEAN and the European Union, Mr. Aswin painted a future where financial operations are seamless, and service delivery transcends geographical confines.

DeeMoney’s international footprint is both vast and vibrant, encompassing 26 currencies and stretching across 50 nations. This is not just a statistic; it’s a declaration of DeeMoney’s commitment to making cross-border transactions as effortless as a breeze. Money20/20 Asia wasn’t just another conference for DeeMoney; it was a fertile ground for sowing seeds of future alliances, further solidifying its status as Thailand’s go-to fintech ally. Spearheaded by Mr. Aswin, discussions on elevating transaction limits and reinforcing digital financial services highlighted DeeMoney’s unwavering dedication to cater to the ever-evolving demands of its customers.

DeeMoney stands as a beacon of digital financial inclusion, employing cutting-edge technology and strategic partnerships to smoothen the KYC journey. As Thailand positions itself as the gateway to ASEAN, DeeMoney’s triumph at Money20/20 not only underlines the country’s burgeoning financial landscape but also cements its critical role in redefining regional transactions.

Intrigued? Yearning for a taste of financial liberation? Your gateway to hassle-free cross-border payments awaits. Embrace the future with DeeMoney, available for download on both IOS and Android. Embark on this journey, and let DeeMoney transform your transaction experience forever.


  1. FinnTechLover May 8, 2024

    DeeMoney is transforming the game for ASEAN fintech. Kudos to Thailand for leading the way in smart, digital finance solutions. This could be a significant stepping stone for financial inclusivity in the region.

    • SkepticalSam May 8, 2024

      Sounds too good to be true. How secure can a fintech app really be, especially when it’s managing cross-border payments? I’m concerned about the security risks involved.

      • FinnTechLover May 8, 2024

        Good point, but DeeMoney is regulated and partners with established banks. They wouldn’t risk the partnerships on shaky security. Plus, their KYC process is strict!

      • TechGuru May 8, 2024

        Don’t underestimate the power of modern encryption and blockchain tech. Companies like DeeMoney are likely leveraging the best to keep transactions secure.

    • BorderlessBrian May 8, 2024

      What about fees? Cross-border transactions are notorious for hidden charges. Does DeeMoney address this issue?

      • FinnTechLover May 8, 2024

        From what I’ve gathered, DeeMoney offers transparent fees, and they’re lower compared to traditional banks. The real challenge is getting everyone on board this innovation.

  2. HistoryBuff May 8, 2024

    Innovation in finance is nothing new under the sun. The true question is whether DeeMoney can withstand regulatory pressures and market volatility over the long haul.

    • OptimistOllie May 8, 2024

      Every major financial innovation faced skepticism. Credit cards, online banking… all had their doubters. DeeMoney’s success at Money20/20 suggests they’re on the right track.

      • HistoryBuff May 8, 2024

        Fair, but survival in fintech isn’t just about having a great product. It’s about adapting to regulations and evolving with the market. Time will tell.

  3. DigitalNomad May 8, 2024

    Can we talk about how DeeMoney is opening doors for expats and digital nomads in Thailand? Traditional banks are a nightmare for us. This could be a game changer!

    • LocalLek May 8, 2024

      As a Thai citizen, I’m proud to see local innovations like DeeMoney make financial transactions easier for everyone. It’s a win-win for our economy and the expat community.

  4. TraditionalTom May 8, 2024

    Am I the only one who misses the days when banking was simpler? All these apps and digital platforms make me nervous. I trust face-to-face banking more.

    • MillennialMinty May 8, 2024

      I get where you’re coming from, but digital finance is about accessibility. Not everyone can make it to a bank during working hours. Plus, it’s a lot faster.

      • TraditionalTom May 8, 2024

        Maybe, but at what cost? My data and money floating around in the cloud? Call me old-fashioned, but I prefer the safety of knowing my money is in a vault, not a virtual space.

  5. FutureIsNow May 8, 2024

    DeeMoney’s initiative to bridge ASEAN and the EU is ambitious. If successful, this could redefine global financial relationships and trade dynamics. This is the future, folks.

    • EuroSkeptic May 8, 2024

      It’s a lofty goal, but are ASEAN markets really ready for such a leap? And how does DeeMoney plan to tackle the regulatory differences between the regions?

      • FutureIsNow May 8, 2024

        Through strategic partnerships and compliance with local regulations. It’s all about creating a network that benefits from shared technology and innovation.

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