The winning digital-only bank offers banking and personal loan service at the back of its social network application, used by almost 90% of Thai population. With the mission to serve the most “underserved sector” in the country, the platform can offer personal loan within 10 minutes to underqualified applicants without requiring additional proof of income.  It also offers savings account with no minimum balance required, cardless withdrawal, and instant credit line. Despite just being launched a year ago, the platform processes more than 20,000 loan application every day. It also managed to grow its outstanding balance from the lending business by 100% year-on-year.  

For promoting wider financial inclusion for those underserved sector through its intuitive digital capabilities and offerings. the Best Digital-only Bank in Thailand is LINE BK.