Jay Mart taps FinTech to thrive in digital financial services

Bangkok Stock Exchange listed mobile distributor company Jay Mart is targeting on fintech companies and startups to embark on a transformation of its business, in order to boom in high margin digital financial services, Bangkok Post reported. “We’re not starting our fintech business from zero,” Adisak Sukhumvitaya, chief executive of Jay Mart, said. “We’re determined to provide end-to-end digital financial services to capitalize on burgeoning demand and reduce our dependence on the handset business.” The mobile distributor manages its business through its six subsidiaries including J Fintech, the provider of personal loans; J Ventures that develops technology and digital platform services; J Capital, a joint-venture investment arm in Myanmar; JMT Network Services, the provider of debt management and business loans; among others. Read more: econotimes.com