Mambu partners with Good Money by GSB, launching its new digital lending platform for underserved Thai citizens
Amsterdam, Netherlands – February 11, 2025 – Today, Mambu announces the success of its partnership with Money DD, a subsidiary of the Government Savings Bank (GSB) of Thailand. The partnership has supported the launch of the “Good Money” application, offering new opportunities for underserved Thai citizens.
The app has been successfully launched and live since April 2024, and is built on Mambu’s cloud banking platform, which powers its innovative, responsible lending solutions. As one of Thailand’s largest financial institutions, GSB serves a third of the Thai population and is advancing its social commitment with this transformative new venture.
Good Money addresses the pressing issue of high-interest informal lending by providing accessible, fair loans for underserved Thai citizens. This reduces their reliance on high-interest informal lending. The app leveraged Mambu’s composable cloud-native lending engine to go live within eight months. It is underpinned by Google Cloud’s industry-leading, integrated platform services, which include workload-optimized infrastructure, database management, container orchestration, hybrid networking, and network security, to ensure scalability, resilience, high performance, and low latency.
During the pilot phase of the project launch, the app had already processed 100,000 loans, while supporting the acquisition of over 10,000 clients and the management of 200 million Thai baht (5,586,910 EUR). With a target of reaching 500,000 borrowers and achieving a tenfold loan uptick within four years, Good Money (Money DD) represents a crucial step toward reducing reliance on traditional, outdated lending practices and enhancing financial inclusion in Thailand.
“Our partnership with Good Money (Money DD) is an important milestone in our growth journey in the Asia Pacific region and has seen some of our strongest pilot results yet. The work the organisation is doing to ensure fair financial support for underserved citizens in Thailand resonates well with Mambu’s values and mission, and we look forward to continuing to collaborate with Good Money (Money DD) in the future. ”
- Mark Geneste, Chief Revenue Officer
© Mambu 2026