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Bangkok Post
Bangkok Post
Business

Crowdfunding booms as small firms feel the squeeze

Asean
Natsuda: Thailand's credit market is facing tightening constraints.

A Thai unit of Investree, the Asean-based financial technology company, reported 200% growth in business in the first quarter this year as small and medium-sized enterprises (SMEs) relied more on crowdfunding platforms because banks tightened their SME lending criteria.

Natsuda Bhukkanasut, co-founder and chief executive of Investree Thailand, said Thailand's credit market faces strict constraints.

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