2.9 C
London
Thursday, April 25, 2024
HomeBankingMonix: Taps Advance.AI to offer mobile micro-loans to consumers

Monix: Taps Advance.AI to offer mobile micro-loans to consumers

Date:

Monix: Taps Advance.AI to offer mobile micro-loans to consumers

  • Monix is committed to creating opportunities for people to prosper and enjoy life by building the most efficient 
  • In Thailand, up to 63% of Thai adult population are either unbanked or underbanked
  • These include lower income consumers or micro or small medium businesses operating outside the banking system
  • According to the United Nations’ SDGs, financial inclusion ranks high in eight of the agency’s 17 goals
  • This is aligned with the Thai government’s agenda to ensure access to the banking system
  • Combining the innovative, tech and user experience prowess of both financial institutions

Related stories

US fintech start-up Pomelo bags $35m Series A funding

Funding Details:Pomelo, a San Francisco-based fintech, has...

Payflows emerges from stealth with €25m Series A funding

Payflows Series A Funding:Fintech start-up Payflows has...

Kneip names ABN Amro Investment Solutions exec Elisa Alonso Sanz as new CEO

New CEO Appointment:Kneip, a Luxembourg-based fund data...

Revolut to launch operations in Mexico with new banking licence

Banking Licence Approval:UK challenger Revolut has received...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img