SCB Abacus joins hands with Robinhood to lend to Ryder Receive credit within 15 minutes

SCB Abacus joins hands with Robinhood to provide loans to riders through an app “MoneyThunder” or “Money Than Der” reiterates its goal to provide credit services to 10% of the hard-boring borrowers in Thailand, or about 2.5 million people, by the year 67.

Thai food delivery support food delivery Or Robinhood’s rider has the opportunity to access cash loans from SCB Abacus via digital channels such as the Tan Der money app. (MoneyThunder) without any collateral Because it is considered a type of loan that is suitable for the rider group. This is a new career among self-employed people.

Mr. Sihanat Lamsam, Chief Executive Officer of Purple Ventures Co., Ltd., the developer and service provider of Robinhood platform, said, “This partnership has started in its early stages. From 25 May 2022, this gives riders more financial options to live ‘distance’ or not rely on informal loans like before.

money application The main product of SCB Abacus is a 100% legal online lending platform developed to cater to customers who do not have access to credit from financial institutions. The company has applied its own developed technology called Abacus Core Technology (ACT) into consideration for credit approval.

The company is the first digital credit lender in Thailand to use alternative data processing to create a personalized approval model. (Personalization), thus helping target customers have more opportunities to access credit. and get the most comfortable experience because they can know the results of the consideration and receive the credit within 15 minutes, reinforcing the goal of being “Lifeline” for customers both in recovery and in every step of life

“Our aim is to help turn the financial quality of people with less credit. Difficult to borrow in Thailand It aims to provide credit services to 10% of the hard-bored borrowers in Thailand, or about 2.5 million people, by 2024, ready to become a leader in the digital lending market in Southeast Asia in the future. We welcome partners who share the same vision to create financial opportunities for people to grow steadily. Together with strength, SCB Abacus has been able to expand its customer base 6 times over the past year.”

Currently, Robinhood has more than 3 million registered customers, more than 258,000 merchants on the platform, more than 30,000 food delivery riders, and has increased market share by leaps and bounds. Popular to become the No. 2 food delivery service provider in Bangkok and surrounding areas.

Robinhood aims to expand the scope of service to non-food businesses, covering all-in-one online travel service, which opened in early May. Ordering services from supermarkets and shops (Mart Service), delivery service (Express Service) and ride-hailing service or car hire service through electronic systems in Thailand. To pave the way to become a “Super App of Thai nationality”