Crosshub Targets Thai FinTech Market, Partners with Local Firms

Crosshub Partners with Thailand's Leading Fintech Blockfint, Accelerating Asia Expansion... Secures 200,000 Store Network Crosshub, a company specializing in digital identity verification and payment services, is accelerating its penetration into the Asian market by signing a supply contract with Blockfint, Thailand's leading fintech company. This strategic agreement was concluded at the 'Techsauce Global Summit 2025' held in Bangkok, Thailand, and was promoted as part of the 'Korea Tourism Startup Center' program organized by the Ministry of Culture, Sports and Tourism and the Korea Tourism Organization. Both companies plan to expand services for users in Thailand and foreigners by integrating Crosshub's digital identity verification solution 'IDBlock' and global payment infrastructure 'B·Pay' with the Blockfint platform. Particularly noteworthy is that through Blockfint's network of approximately 200,000 offline stores and financial systems, Crosshub has secured a practical foundation for its technology's on-site application. Blockfint is a leading local company that provides AI and blockchain-based digital identity verification and financial infrastructure solutions in cooperation with the Bank of Thailand and major financial institutions, establishing a unique position in facial recognition, passport OCR, and financial data processing technologies. Concurrently, Crosshub has also signed a contract with Tap Pay, a Taiwanese payment solutions company, and is expected to expand its global merchant network to approximately 600,000. Starting with this contract, both companies plan to pursue API-based technology integration and joint proof-of-concept (PoC) projects, and establish joint marketing and user expansion strategies targeting Blockfint's Asian network countries such as Vietnam, Indonesia, and the Philippines. A Crosshub official emphasized, "This collaboration with Blockfint is an extended partnership that goes beyond a simple alliance, focusing on practical user-based service integration and validation," adding, "Starting with the Thai market, we will provide localized authentication and payment solutions across Asia." At this event, Crosshub signed a total of two supply contracts and one non-disclosure agreement (NDA), accelerating its global expansion, with domestic services also slated for official launch next year.