Thailand's FINNIX App Leverages AI for Financial Inclusion

Thailand-based digital lending app FINNIX has partnered with ADVANCE.AI to improve customer onboarding and financial inclusion across the country.

The FINNIX mobile app, which is regulated by the Bank of Thailand, was developed by MONIX and offers microfinance loans through a completely digital process from loan application to approval and disbursement. The app targets Thai consumers who previously didn’t have a bank account, and it gives them an opportunity to apply for credit directly from their smartphone.