SCB 10X
ActiveVenture Capital
Updated: ·
Financial History
Total Raised
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Valuation
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Leadership Team
Key people at SCB 10X.
Key people at SCB 10X.
Key people at SCB 10X.
SCB 10X is the venture investment arm of SCBX Group, founded in 2020 with a mission to create long-term value through exponential technologies and innovation. It invests globally in early to growth-stage startups across diverse sectors such as AI/deep tech, blockchain/Web3, fintech, healthcare, e-commerce, and more, with a strong focus on Southeast Asia and Thailand. SCB 10X aims to build future unicorns, drive exponential growth, and transform the financial services industry by introducing cutting-edge technologies and innovative business models, leveraging both venture capital and venture builder capabilities to support portfolio companies strategically and financially[1][2][4].
Originating as part of SCBX Group, SCB 10X was established to pursue a "Moonshot Mission" of exponential growth through disruptive innovation. Key leadership includes Kaweewut Temphuwapat, CEO, who brings extensive venture investment and innovation experience, including prior roles in ride-hailing and food delivery platforms and venture capital focused on energy. The firm has evolved to emphasize partnerships with global startups, especially from the US, to help them enter Asian markets, and is actively developing Web3 and blockchain-related products and infrastructure, anticipating regulatory progress in Thailand[1][3][4].
SCB 10X rides the global trends of AI, blockchain/Web3, and fintech innovation, leveraging the growing digital transformation in Southeast Asia. The timing is favorable due to increasing regional demand for digital financial services and emerging regulatory frameworks for crypto and tokenization. By acting as a bridge for Western startups to enter Asian markets and by developing proprietary Web3 infrastructure (e.g., Rubie Wallet), SCB 10X influences the broader ecosystem by accelerating adoption of new technologies and fostering a fintech innovation hub in Thailand and beyond[1][3].
Looking ahead, SCB 10X is poised to deepen its Web3 and blockchain offerings, expand lending and tokenization products once regulatory conditions mature, and continue scaling its portfolio companies across Southeast Asia. Its strategic position within SCBX Group and focus on exponential technologies suggest it will remain a key player in shaping the region’s fintech and tech startup landscape, potentially becoming a leading investor and innovation catalyst in Asia’s digital economy[3][4]. The firm’s "Moonshot Mission" underscores a long-term vision of transformative impact through technology investment and ecosystem building.
