Deal Announcements
- Weerawong C&P represented Card X Co., Ltd. on its joint venture
arrangement with Streetcorner Ecommerce Limited to establish a joint venture company to operate personal loan and nano-finance businesses in Thailand
Weerawong C&P represented Card X Co., Ltd., a leading provider of credit cards and personal loans in Thailand and a subsidiary within the SCB X Group, on its joint venture arrangement with Streetcorner Ecommerce Limited, a Hong Kong-based company within Akulaku Group which operates a leading banking and digital finance platform in Southeast Asia, to establish a joint venture company to operate personal loan and nano-finance businesses in Thailand. The joint venture company was incorporated on 9 January 2023, and will launch its personal loan and nano-finance businesses in Thailand after receiving relevant licenses.
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