Posts Taggednewsroom

BANGKOK, Thailand – 11 SEP 2020 – Sunday, a leading full-stack insurtech has raised a USD 9 million pre-series B bridge round despite Covid-19 outbreak and global economic recession. The round was led by SCB 10X, the venture capital arm of the Siam Commercial Bank PCL (SCB), with participation from new and existing investors Vertex Ventures Southeast Asia and India, Quona Capital and LINE Ventures.

November 2019, Sunday won Thailand Best Fintech Startup at the national level. The announcement took place at True Digital Park, Bangkok, Thailand. The company will represent Thailand to compete with other startups, in the same category, in Kula Lumpur to find out the regional winner again in January 2020.

Sunday, a leading full-stack insurtech based in Thailand, has raised a USD 11 million extension round to its Series A financing. The round was led by Quona Capital, a leading fintech venture firm whose funds are anchored by Accion, with participation from existing investor Vertex.

Sunday began by applying AI to build and train risk models using an open-source data science platform. Each risk area is evaluated based on the statistical significance and predictability power of each variable, with the customer benefiting from more accurate risk cost, and personalised offerings.