Trustender Celebrates 2024 Success, Set to Expand Business in 2025

The executive team of Trustender, led by Mr. Supakrit Boonsat, held a propitiation ceremony at the shrine near Siam Center, the company's headquarters, to bring good fortune to their business operations. On this occasion, Mr. Supakrit revealed Trustender's achievements and operational plans.

"In 2024, Trustender continued its success, having raised over 178 million baht for SMEs. In 2025, we aim to grow three-fold," said Mr. Supakrit.

In terms of product development, Trustender plans to launch new products for bond issuers with land and buildings as collateral, and also aims to expand its services to cover importers and exporters. Additionally, the company expects to obtain a bondholders' representative license by mid-2025.

Regarding operational system development, Mr. Supakrit revealed, "We have implemented a Collaboration Tool for internal management to elevate service standards and enhance the efficiency of bond issuance. This year, we plan to use AI to develop a credit assessment system for bond issuers."

For investor system development, Trustender plans to modernize and simplify it, but this is still in the planning stage and will be gradually developed in the next phase.

About Trustender

Trustender is a fundraising platform that connects SME entrepreneurs with retail investors through the issuance of short-term debt instruments, focusing on creating access to funding for entrepreneurs and diverse investment options for retail investors.