Robinhood, an application for an on-demand delivery service platform under SCB X, plans to apply for two financial business licences that are expected to generate core income over the long term.
The delivery platform is preparing to apply for a nanofinance licence and an insurance brokerage licence from the relevant regulatory bodies, expecting to start the operation of these services next year, said Srihanath Lamsam, managing director of Robinhood, which was developed by SCB X subsidiary Purple Ventures Co.
