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Good Money

Can a government-backed Thai savings bank use a cloud-native lending platform to deliver affordable personal and nano-finance loans to the underserved majority of the Thai population at scale?

HQThailand
IndustryFintech / Lending
The story

Good Money is a digital lending app created by Money DD Co., Ltd., a subsidiary of the Government Savings Bank (GSB) of Thailand — one of the country's largest financial institutions. The platform was built to deliver accessible, affordable lending to underserved Thai citizens, endorsed by the Bank of Thailand. Powered by Mambu's cloud-native platform, it offers Personal Loans and Nano Finance products and processed 100,000 loans in its pilot phase, demonstrating rapid early traction. The company represents GSB's digital transformation effort to extend financial inclusion to a segment of the Thai population traditionally underserved by formal lending.

Last 12 months
Product timeline
2023
Good Money digital lending app launched by Money DD Co., Ltd. (subsidiary of Government Savings Bank of Thailand) using Mambu's cloud-native lending platform, going live in approximately 8 months.· lending
2023
Processed 100,000 loans in pilot phase and acquired over 10,000 clients offering Personal Loans and Nano Finance products with rates starting at 19% annually.· lending
The stack
Lending
MambuPersonal LoansNano Finance
Accounting gap: none