Business

SCB Launched MONIX Co., Ltd. - A New Joint Venture Company With Abakus

The Siam Commercial Bank Public Company Limited or SCB joined forces with Abakus Group to launch the new joint venture company named MONIX Co., Ltd.

The company’s main objective to carry out a digital lending business to drive a long-term growth with digital lending in Thailand and Southeast Asia countries. Abakus Group is a global leading technology-driven company specializing in artificial intelligence or AI, big data, and cloud computing development, especially for financial businesses. It was reported that SCB holds 60% and Abakus Group holds 40% of the total shares of MONIX Co., Ltd. according to Bank of Thailand.

About FINNIX

The FINNIX application is provided by MONIX Co., Ltd. The application is regulated by the Bank of Thailand and operates legally at every step. Consumers can check the company's license at the Bank of Thailand website. Those interested can download the FINNIX application by visiting https://go.finnix.coxZrf/4f0aba3f, learn more about the application and terms of use at www.finnix.co, or via Facebook at www.fb.me/finnixapp.