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loan uptick within four years, Good Money (Money DD) represents a crucial step toward reducing reliance on traditional, outdated lending practices and enhancing financial inclusion in Thailand.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
The new application leverages advanced technologies for assessing repayment capacity and adjusting interest rates based on borrowers’ financial behavior. This dynamic approach ensures a more responsible, transparent lending experience for both banks and citizens. Good Money (Money DD) offers Personal Loans and Nano Finance options, with interest rates starting at 19% annually, catering to both personal and small business needs.
“Mambu’s flexible cloud-native solution, underpinned by Google Cloud’s serverless architecture, has been instrumental in realising the vision of Good Money, (Money DD) and helping us go to market with our new proposition in just a few months. Thanks to Mambu’s ability to deliver scalable, customer-centric financial services, we're truly setting a new standard in the development of financial tools, delivering an accessible and comprehensive digital lending experience and helping to create a more equitable financial ecosystem for Thailand’s underserved communities.”
- Sirinun Jiradilok, Managing Director of Money DD
Endorsed by the Bank of Thailand, “Good Money” sets a new standard for digital lending in the region, combining innovative technology with a mission to uplift Thai citizens through fair and responsible financial practices.
Annop Siritikul, Country Director, Thailand, Google Cloud, said, “Google Cloud’s longstanding partnership with Mambu has enabled it to provide a modern platform that financial institutions are embracing to deliver digital banking products and services that their customers can depend on. Together, we are pleased to be supporting Money DD’s vision of improving financial access for underserved segments across Thailand. Building on the successful launch of Good Money, Mambu’s composable platform will also make it easier for Money DD to take advantage of the latest technology advances, such as enterprise-grade generative AI and agentic AI, to drive new levels of efficiency, personalization, and customer satisfaction.”
About Mambu
Mambu is the world's only true SaaS cloud banking platform. Launched in 2011, Mambu fast-tracks the design and build of nearly any type of financial offering for banks of all sizes, lenders, fintechs, retailers, telcos and more. Our unique composable approach means that independent components, systems and connectors can be assembled in any configuration to meet business needs and end user demands. Mambu supports over 260 customers in over 65 countries - including Western Union, Commonwealth Bank of Australia, N26, BancoEstado, Raiffeisen Bank, ABN AMRO, and Bank Islam. www.mambu.com
About Good Money
Good Money by GSB, a digital lending mobile application developed by MoneyDD Co., Ltd., a subsidiary of Government Savings Bank (GSB), is set to redefine financial access for Thai borrowers. Designed with the Thai market in mind, the app aligns with the Bank of Thailand's (BOT) Responsible Lending Guidelines and GSB's commitment to offering fair and reasonable interest rates based on borrowers' financial risk profiles.
The initiative aims to deter borrowers from resorting to illegal loan options by providing reliable, secure, and affordable alternatives. Through the Good Money app and GSB’s extensive network of 1,033 branches across Thailand, both existing and new customers can access tailored loan solutions that meet their needs while fostering financial stability.
Good Money represents GSB’s mission to support Thai citizens with responsible lending practices that promote financial inclusion and sustainability.
Good Money
We Lend Responsibly.
For more information, visit https://goodmoneybygsb.com
Download the Good Money App https://goodmoneybygsb.go.link/gj47I
© Mambu 2026