Jitta has won the 2018 Frost & Sullivan Thailand Excellence Awards – Companies to Action.
It recognizes start-ups and emerging companies for their contributions in bringing path-breaking innovations and bringing their concepts to fruition.
Contenders of this award were evaluated based on the following criteria: market disruption, competitive differentiation, market gaps, blue ocean strategy and passionate persistence. Jitta has been able to distinguished itself by leveraging technology to broaden the investor base in Thailand, consequently recording phenomenal growth in just 7 months of operations.
Shailendra Soni, Principal Consultant at Frost & Sullivan, says:
“While Thailand’s nascent Fintech market is showing steady growth, the emergence of the WealthTech segment in the past year is proving to be one of the most promising areas attracting significant uptake. As one of Thailand’s tech-driven wealth management start-ups, Jitta managed to gather 2,500 customers in just 7 months of its operations. The company has managed to record this phenomenal growth through its excellent marketing efforts attracting another 7,500 aspiring customers on its waiting list.”
“Jitta is disrupting the stock investment industry by simplifying the process allowing anyone with over THB 1 million to be able to invest in stocks. With its proprietary Jitta Score and Jitta Line that together create Jitta Ranking, the company is minimizing the complexities of stock investment by guiding investors on the best stocks to buy and best time to invest. In leveraging cutting-edge technology, Jitta is helping to broaden the investor base in Thailand by reducing the cost of investing and onboarding time from several months to just a few weeks.”
Trawut Luangsomboon, CEO of Jitta, made a speech at the award ceremony on March 28, 2018:
“As a representative of Jitta, I would like to thank Frost & Sullivan for this incredible opportunity. To Jitta, this means more than just being recognized for the hard work. It also symbolizes the acknowledgment of Jitta’s vision—the need to make professional wealth management more accessible to the masses.”
“Jitta team members have their own passion for innovation to help investors meeting quality standard of service and receiving a better return. Thanks also to our investors and advisors for believing in our dream. I’m also extremely grateful for the devoted trust and support of our loyal customers. We wouldn’t be able to make it this far without them.”
“This award has definitely fanned our fiery passion! We’ll keep going until we can create tremendous positive impacts on the lives and well-being of millions around the world.”