About ABACUS digital
ABACUS digital is a company based in Bangkok (Thailand) founded in 2017 by Sutapa Amornvivat. ABACUS digital has raised $32 million across 2 funding rounds from investors including Vertex Ventures SG, Openspace Capital and CAI Partners. ABACUS digital offers products and services including MoneyThunder. ABACUS digital operates in a competitive market with competitors including Edge Protocol, VELVET SAVINGS, cash one loans, LEND EX and 49like, among others.
- Headquarter Bangkok, Thailand
- Founders Sutapa Amornvivat
- SectorsFinancial Services
- Email••••••••
- Website abacusdigital.com
- Social LinkedIn Facebook
- Legal Name Abacus Digital Company Limited
- Annual Revenue$6.12 M (USD)783as on Dec 31, 2022
- Net Profit-$7.02 M (USD)-3as on Dec 31, 2022
- EBITDA-$8.65 M (USD)-18as on Dec 31, 2022
- Total Equity Funding$32M (USD)
in 2 rounds
- Latest Funding Round$20M (USD), Series B
Jul 2022
- InvestorsVertex Ventures SG
& 2 more
Products & Services of ABACUS digital
ABACUS digital offers a comprehensive portfolio of products and services, including MoneyThunder.
App for fast access to finance for small business entrepreneurs
Funding Insights of ABACUS digital
ABACUS digital has successfully raised a total of $32M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32M
- Total Rounds 2
- Last Round Series B — $20M
- First Round $12M
(Sep 2021)
- Investors Count 3
All 2 funding rounds of ABACUS digital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $20M | Series B | – | – | |
| Sep 2021 | $12M | Series A | – | Openspace Ventures |
3 investors in total: 3 institutional.
Investors in ABACUS digital
ABACUS digital has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Vertex Ventures SG, Openspace Capital and CAI Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on multiple sectors | 1997 | vertexventures.sg | Singapore, Singapore | |
Early-stage technology startups are invested in by Openspace Ventures. | – | openspace.vc | Singapore, Singapore | |
CAI Partners is engaged in providing customized investment and wealth management solutions. | – | caipartners.com | Singapore, Singapore |
Investor details for ABACUS digital
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ABACUS digital
1 people are tracked at ABACUS digital (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sutapa Amornvivat | Founder & CEO | Leadership |
Complete people profiles for ABACUS digital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ABACUS digital
3 dated milestones of ABACUS digital across 5 years, from founding to its latest funding, stage changes and deals.
- Founded ABACUS digital is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series B, of $20.0M.
Competitors of ABACUS digital
ABACUS digital operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Edge Protocol, VELVET SAVINGS, cash one loans, LEND EX and 49like, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| edgeprotocol.io | 2021 | Bangkok, Thailand | – | – | Decentralized money market-as-a-service platform | |
| velvetsavings.com | 2015 | Phuket, Thailand | – | – | Hosts a digital marketplace connecting users with consumer loans. | |
| cash1loans.net | 2013 | Bangkok, Thailand | – | – | Hosts a digital marketplace for consumer loans. | |
| welendex.com | 2005 | Chanthaburi, Thailand | – | – | A digital marketplace for consumer loans. | |
| 49like.com | 2019 | Bangkok, Thailand | – | – | Operates a digital marketplace for loan services. |
Detailed competitors of ABACUS digital
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ABACUS digital
The website of ABACUS digital (abacusdigital.com) receives about 23.7K visits a month.
- Monthly visits23.7K
▲ 90.4% vs previous month
Latest news on Abacus Digital
Complete news archive for ABACUS digital
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to ABACUS digital
10 companies that operate in the same segment as ABACUS digital (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about ABACUS digital
ABACUS digital was founded in 2017 and raised its 1st funding round 4 years after it was founded.
ABACUS digital is headquartered in Bangkok, Thailand.
Sutapa Amornvivat is the current CEO of ABACUS digital. They have also founded this company.
ABACUS digital is a funded company, having raised a total of $32M across 2 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Sep 2021.
Annual revenue of ABACUS digital is $6.12M as on Dec 31, 2022.
ABACUS digital was founded in 2017 and is based in Bangkok, Thailand. Digital lending solutions are offered to small businesses through a proprietary machine learning platform. Risk assessment and loan disbursement are handled efficiently by this platform. Access to financing is facilitated quickly for underserved borrowers. Operations focus on the fintech sector, with services emphasizing security and user-friendly processes to support economic activity.
ABACUS digital's top competitors include Edge Protocol, VELVET SAVINGS and cash one loans.
ABACUS digital offers MoneyThunder.
ABACUS digital has 3 investors. Key investors include Vertex Ventures SG, Openspace Capital, and CAI Partners.
ABACUS digital operates through Abacus Digital Company Limited.