Thailand · Financial services startup

ABACUS digital

ABACUS digital is a Thai fintech company founded in 2017 and based in Bangkok.

Funding reportedLast round: Series B

Financial servicesBangkok, Thailand

About ABACUS digital

ABACUS digital is a Thai fintech company founded in 2017 and based in Bangkok.

As the first fintech spin-off from Siam Commercial Bank, it specializes in inclusive and alternative digital lending. The company aims to provide accessible and fair financial opportunities to individuals and small businesses that have been underserved by traditional banking systems. ABACUS digital focuses on both B2C and B2B markets, utilizing artificial intelligence, big data, and machine learning for credit risk assessment. Its services include consumer loans, microloans, and small business loans, all designed to meet the needs of underbanked populations. The flagship product, the MoneyThunder mobile app, allows users to apply for loans easily, receive instant credit decisions, and access various loan types. The company emphasizes financial inclusion and aims to empower those who lack access to conventional financial services.

What company datasets say ABACUS digital raised

Funding, as reported

Reported in all32Min the source's currency
Last roundSeries B
Last round size20M
Last round dateJul 2022

Founders and team

From ABACUS digital's own website: 2 on the team.

  • Phornnapas ChalermtiaranaChief Operating Officer
  • Saowanee ChatpaisansukChief Risk Officer

The company, in detail

What they build

Known for

b2bfully digitalized decision enginefinance and insurancedata-driven financial productssocial impact financeiso/iec 27001:2013 certificationtesterdata analyticsrisk managementreserveb2cethical debt collectioncomputer & network securitydata sciencefintechfinancial transactions processing

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Sector
Financial services
Industry code
NAICS 52232, 522291, 522299
Region
Bangkok
Part of
SCBX
Full record
Every detail in the company directory

Financial services in Thailand

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