# Kasikornbank K PLUS

> Source: https://docs.barcoder.ai/docs/wallets/kasikorn-bank
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Kasikornbank — official](https://www.kasikornbank.com/)

## Overview

**Kasikornbank K PLUS** is **Thailand's #1 mobile banking app by market share** + **22.2M+ K PLUS users** + **1 in 3 Thai online transactions on K PLUS** <sup>[1][1], [2][2], [Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup>. **2025 baseline**: 22.2M+ K PLUS users + 14M Android users + 17M Active App Users + 15M MAU; **K PLUS Thailand's #1 mobile banking app by market share** + **1 in 3 Thai online transactions on K PLUS**; **2025 China + Vietnam + Indonesia expansion** distinctive Kasikornbank Southeast Asian regional banking strategy.

**Distinctive K PLUS positioning**:
- **Thailand's #1 mobile banking app by market share** (22.2M+ K PLUS users; 17M Active App Users + 15M MAU)
- **1 in 3 Thai online transactions on K PLUS** distinctive Thai digital banking penetration
- **14M Android users on K PLUS** distinctive Android app market dominance Thailand
- **2025 China + Vietnam + Indonesia expansion** distinctive Kasikornbank Southeast Asian regional banking strategy
- **Kasikornbank one of Thailand's Big-4 commercial banks** (Bangkok Bank + Krungthai Bank + Siam Commercial Bank + Kasikornbank)
- **1945 Kasikornbank founding** as Thai Farmers Bank by Choti Lamsam → 1976 Thai Farmers Bank IPO + 2003 Kasikornbank renaming
- **K PLUS Thai QR + PromptPay full support** + cross-border QR Code Cross Border Payment expansion

## History

**1945 — Kasikornbank founded as Thai Farmers Bank by Choti Lamsam** as Thai commercial bank.

**1976 — Thai Farmers Bank IPO on SET (Stock Exchange of Thailand)**.

**2003 — Thai Farmers Bank renamed Kasikornbank** post-Thai banking modernization.

**2014 — K PLUS mobile banking app launches** as Thai mobile-first banking.

**2025 — 22.2M+ K PLUS users + 17M Active App Users + 15M MAU; 1 in 3 Thai online transactions on K PLUS; 2025 China + Vietnam + Indonesia expansion** <sup>[1][1], [2][2], [3][3]</sup>.

## Ownership & operator

**Operating entity**: **Kasikornbank PCL** (SET: KBANK; one of Thailand's Big-4 commercial banks).

**Major shareholders**: **Thai NVDR + retail + Lamsam family heritage + Thai institutional + foreign investors + retail investors**.

**Regulator**: **BOT (Bank of Thailand)**.

## Technical integration

K PLUS mobile banking app (iOS + Android; 22.2M+ users; 17M Active App Users; 15M MAU; 14M Android users) + kasikornbank.com online + Kasikornbank branch network Thailand + Kasikornbank Visa + Mastercard cards; Thai QR + PromptPay; **2025 China + Vietnam + Indonesia expansion** distinctive Kasikornbank Southeast Asian regional banking strategy + Kasikorn Vision Information Technology Shenzhen + Kasikornbank Vietnam + Bank Maspion Indonesia 67% stake acquisition.

## Users & growth

**2025**: 22.2M+ K PLUS users + 17M Active App Users + 15M MAU + 14M Android users; **K PLUS Thailand's #1 mobile banking app by market share**; **1 in 3 Thai online transactions on K PLUS**.

## Use cases

Thai retail + private + SME + commercial banking via K PLUS mobile + kasikornbank.com online + Kasikornbank branch network + Visa/Mastercard cards; Thai QR + PromptPay; **2025 China + Vietnam + Indonesia expansion** distinctive Kasikornbank Southeast Asian regional banking strategy + cross-border QR Code Cross Border Payment Thailand-Laos + Thailand-Cambodia + Thailand-Vietnam + Thailand-Indonesia + Thailand-Malaysia + Thailand-Singapore.

## Implementations & partners

**Operator**: Kasikornbank PCL (SET: KBANK; one of Thailand's Big-4 commercial banks); Thai NVDR + retail + Lamsam family heritage + Thai institutional + foreign investors + retail investors.

**Southeast Asian regional expansion 2025**: **Kasikorn Vision Information Technology Shenzhen** (China) + **Kasikornbank Vietnam** (Vietnam) + **Bank Maspion Indonesia 67% stake acquisition** (Indonesia) + Kasikornbank Cambodia + Kasikornbank Laos + Kasikornbank Myanmar branches.

**Major Thai banking competitors**: Bangkok Bank (Thailand's largest commercial bank by assets) + [Krungthai NEXT](https://docs.barcoder.ai/docs/wallets/krungthai-bank) (Thailand's state-controlled bank; PaoTang Thai government benefits platform; QR Code Cross Border Payment Thailand-Laos via Krungthai NEXT) + Siam Commercial Bank (SCB; Thai royal-backed banking heritage) + TMBThanachart Bank (Thai post-merger banking) + Krungsri (Bank of Ayudhya; MUFG Japanese parent ~76%) + CIMB Thai (Malaysian CIMB Thai subsidiary) + [TrueMoney](https://docs.barcoder.ai/docs/wallets/truemoney) (Thai dominant mobile wallet; CP Group + Ant Financial) + Rabbit LINE Pay (Thai LINE-anchored mobile wallet).

**Regulator**: BOT.

## Fun facts

- **Thailand's #1 mobile banking app by market share** (22.2M+ K PLUS users; 17M Active App Users + 15M MAU).
- **1 in 3 Thai online transactions on K PLUS** distinctive Thai digital banking penetration.
- **14M Android users on K PLUS** distinctive Android app market dominance Thailand.
- **2025 China + Vietnam + Indonesia expansion** distinctive Kasikornbank Southeast Asian regional banking strategy.
- **Kasikornbank one of Thailand's Big-4 commercial banks** (Bangkok Bank + Krungthai Bank + Siam Commercial Bank + Kasikornbank).
- **1945 Kasikornbank founding** as Thai Farmers Bank by Choti Lamsam → 1976 Thai Farmers Bank IPO + 2003 Kasikornbank renaming.
- **K PLUS Thai QR + PromptPay full support** + cross-border QR Code Cross Border Payment expansion.

## Comparison

| Feature | Kasikornbank K PLUS | [Krungthai NEXT](https://docs.barcoder.ai/docs/wallets/krungthai-bank) (Thailand's state-controlled bank rival; PaoTang Thai government benefits platform) | Bangkok Bank (Thailand's largest commercial bank by assets rival) | Siam Commercial Bank (SCB; Thai royal-backed banking heritage rival) | [TrueMoney](https://docs.barcoder.ai/docs/wallets/truemoney) (Thai dominant mobile wallet rival; CP Group + Ant Financial) |
|---|---|---|---|---|---|
| Operator | **Kasikornbank PCL (SET: KBANK; one of Thailand's Big-4 commercial banks)** | Krung Thai Bank PCL (SET: KTB; Thai government Vayupak Fund + Crown Property Bureau majority controlling) | Bangkok Bank PCL (SET: BBL; one of Thailand's Big-4 commercial banks) | Siam Commercial Bank PCL (SET: SCB; one of Thailand's Big-4 commercial banks) | TrueMoney (CP Group + Ant Financial JV) |
| Type | **K PLUS Thailand's #1 mobile banking app by market share + 22.2M+ users + 17M Active App Users + 15M MAU + 14M Android users + 1 in 3 Thai online transactions on K PLUS + 2025 China + Vietnam + Indonesia expansion** | Thailand's state-controlled bank + PaoTang Thai government benefits platform + QR Code Cross Border Payment Thailand-Laos via Krungthai NEXT | Thailand's largest commercial bank by assets + Bangkok Bank Mobile Banking | Thai royal-backed banking heritage + SCB EASY mobile banking | Thai dominant mobile wallet + CP Group + Ant Financial JV |
| Country | TH + CN + VN + ID + KH + LA + MM | TH + LA (Krungthai NEXT cross-border PromptPay-LaosQR) | TH + 14 countries (Asia + US + UK) | TH | TH + VN + MM + KH + ID + PH |
| Distinctive | **1945 Kasikornbank founding as Thai Farmers Bank by Choti Lamsam; 1976 Thai Farmers Bank IPO; 2003 Kasikornbank renaming; 2014 K PLUS mobile banking app launch; 2025 22.2M+ K PLUS users + 17M Active App Users + 15M MAU; Kasikorn Vision Information Technology Shenzhen + Kasikornbank Vietnam + Bank Maspion Indonesia 67% stake acquisition distinctive Southeast Asian regional banking strategy** | 1966 Krung Thai Bank founding by Thai government merger; Krungthai NEXT cross-border PromptPay-LaosQR distinctive Thai-Laos cross-border banking; PaoTang Thai government benefits platform distinctive Thai state benefits delivery | 1944 Bangkok Bank founding; Thailand's largest commercial bank by assets; 14-country international branch network distinctive Thai international banking | 1907 Siam Commercial Bank founding (Thailand's first Thai-owned bank); Thai royal-backed banking heritage; SCB EASY mobile banking | 2003 TrueMoney founding by CP Group; 2016 Ant Financial investment; Thai dominant mobile wallet across Southeast Asia |

## Status

**Active, Thailand's #1 mobile banking app by market share + 22.2M+ K PLUS users + 1 in 3 Thai online transactions on K PLUS** <sup>[1][1], [2][2], [3][3]</sup>:
- **Kasikornbank PCL (SET: KBANK; one of Thailand's Big-4 commercial banks)** since 1945 Kasikornbank founding as Thai Farmers Bank by Choti Lamsam + 1976 Thai Farmers Bank IPO + 2003 Kasikornbank renaming + 2014 K PLUS mobile banking app launch.
- **22.2M+ K PLUS users + 17M Active App Users + 15M MAU + 14M Android users**.
- **2025 China + Vietnam + Indonesia expansion** distinctive Kasikornbank Southeast Asian regional banking strategy.
- **BOT regulated**.

## Sources

[1]: https://www.bot.or.th/en/statistics/payment.html "Payment Systems Statistics — Bank of Thailand"
[2]: https://www.kasikornbank.com/en/IR/Pages/IRHome.aspx "Investor Relations — Kasikornbank"
[3]: https://en.wikipedia.org/wiki/Kasikornbank "Kasikornbank — Wikipedia"
[th-cro]: https://docs.barcoder.ai/docs/payments/TH

- [1] [Payment Systems Statistics — Bank of Thailand][1]
- [2] [Investor Relations — Kasikornbank][2]
- [3] [Kasikornbank — Wikipedia][3]
- <sup>[Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup> In-corpus: `reports/countries/TH-thailand.md`

## Source

Biography extracted from [kasikorn-bank.md](https://docs.barcoder.ai/source/wallets/kasikorn-bank). See `matrix.md` for standards-support matrix if present.