Siam Digital Lending eMotorbike

completed

Siam Digital Lending (SDL) is a digital lending company that provides microloans through a digital platform that digitizes the full loan process in 15 minutes, with an aspiration to reduce it to less than 5 minutes, with sophisticated credit scoring using rich and unconventional data. The objective of this project is for IFC to collaborate with Siam Digital Lending (“SDL”), as a financial services provider and digital lender, to scale up the market of electric motorbikes in Thailand to decarbonize first and last mile transport by providing access to finance for EV purchase. The team conducted the Thailand Electric Mobility Ecosystem Development Project. The study helped IFC to - better understand the most attractive investment opportunities in the Thailand EV ecosystem value chain, - identify a pipeline of at least five projects with company sponsors, and - pinpoint any regulatory interventions needed to create a market environment conducive to the EV ecosystem.