ABACUS digital - About the company
ABACUS digital is a series B company based in Bangkok (Thailand), founded in 2017 by Sutapa Amornvivat. It operates as a Provider of data-driven digital lending products for small businesses. ABACUS digital has raised $41M in funding from Openspace Capital. The company has 3 active competitors, including 1 that is funded. Its top competitors include companies like Cube, Unim AI and cash one loans.
Company Details
Provider of data-driven digital lending products for small businesses. It offers fast and convenient access to financing, utilizing a proprietary machine learning platform for efficient risk assessment and loan disbursement. This platform enables quick loan approvals, making a significant difference for underserved borrowers. The company's mission is to improve access to finance, fostering economic growth and social impact. The lending solutions are designed for ease of use and security.
- Website
- www.abacusdigital.com/
- Email ID
- *****@abacusdigital.com
Key Metrics
Founded Year
2017
Location
Bangkok, Thailand
Stage
Series B
Total Funding
$41M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 3 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2022
Employee Count
136 as on Sep 30, 2026
Legal entities associated with ABACUS digital
ABACUS digital is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ABACUS DIGITAL COMPANY LIMITED CIN: 105560122237 , Thailand, Active | Jul 25, 2017 | $1M - $10M (As on Dec 31, 2022) | - |
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ABACUS digital's funding and investors
ABACUS digital has raised a total funding of $41M over 2 rounds. Its first funding round was on Sep 16, 2021. Its latest funding round was a Series B round on Jul 22, 2022 for $*****. 1 investor participated in its latest round. ABACUS digital has 4 institutional investors.
Here is the list of recent funding rounds of ABACUS digital:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 22, 2022 | 1163998 | Series B | 2321363 | 9320298 | 1237867 | 5618744 |
Sep 16, 2021 | 9957848 | Series A | 9700813 | 3314937 |
View details of ABACUS digital's funding rounds and investors
ABACUS digital's founders and board of directors
Founder? Claim ProfileThe founders of ABACUS digital is Sutapa Amornvivat. Sutapa Amornvivat is the CEO of ABACUS digital.
Here are the details of ABACUS digital's key team members:
- Sutapa Amornvivat: Founder & CEO of ABACUS digital.
View details of ABACUS digital's Founder profiles and Board Members
ABACUS digital's employee count trend
ABACUS digital has 136 employees as of Sep 26. Here is ABACUS digital's employee count trend over the years:
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ABACUS digital's Competitors and alternates
Top competitors of ABACUS digital include Cube, Unim AI and cash one loans. Here is the list of Top 10 competitors of ABACUS digital, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ABACUS digital 2017, Bangkok (Thailand), Series B | Provider of data-driven digital lending products for small businesses | $41M | 47/100 | |
2nd | Cloud-based payroll management, lending, and credit repair solution for employees | - | - | 16/100 | |
3rd | Operator of online consumer credit and digital financial lending platforms | - | - | 16/100 | |
4th | cash one loans 2013, Bangkok (Thailand), Unfunded | Online marketplace for consumer loans | - | - | 16/100 |
5th | VELVET SAVINGS 2015, Phuket (Thailand), Deadpooled | Online marketplace for consumer loans | - | - | 15/100 |
6th | Online lending marketplace for loans | - | - | 15/100 | |
7th | Online lending marketplace for consumer loans | - | - | 15/100 |
Looking for more details on ABACUS digital's competitors? Click here to see the top ones
ABACUS digital's Investments and acquisitions
ABACUS digital has made no investments or acquisitions yet.
Reports related to ABACUS digital
Here is the latest report on ABACUS digital's sector:
News related to ABACUS digital
•
ABACUS digital Wins Globally Recognized Digital CX Award 2024 Highlights “MoneyThunder” as Tech-Upgraded Lending ServiceABACUS digital•May 14, 2024•ABACUS digital
•
ABACUS digital Partners with Big C to Integrate “MoneyThunder” to Big C PLUS App with Aim to Build Financial EcosystemABACUS digital•May 07, 2024•ABACUS digital, Big C
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