ABACUS digital has been awarded the prestigious "One Million Club 2024 " award from Thai Startup Association, recognizing startups that achieve over one million app downloads. This accolade celebrates the remarkable success of ABACUS digital's flagship product, the MoneyThunder app.
MoneyThunder, a digital lending platform, has been instrumental in providing financial access to Thailand’s underserved populations, who typically lack access to credit from traditional financial institutions. Leveraging cutting-edge technology, including over 10 AI/ML models and alternative data processing of more than 2,000 signals, MoneyThunder offers an efficient, fully automated loan process and now has over 20 million downloads.
ABACUS digital’s achievement in joining the "One Million Club" underscores the company's commitment to financial inclusion and innovation. This milestone not only highlights the app’s widespread adoption but also its vital role in improving financial access for millions of Thais.
"We are honored to receive the 'One Million Club' award," said Ms. Phornnapas Chalermtiarana, Chief Operating Officer of ABACUS digital. "This recognition is a testament to our team’s dedication to empowering underserved communities through financial technology. We will continue to innovate and expand our services to meet the evolving needs of our users."
As ABACUS digital celebrates this significant achievement, the company remains focused on its mission to provide fast, secure, and convenient access to credit, helping users build sustainable financial futures.