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Indonesia’s P2P Easycash & digital bank Superbank pour loan channeling in the second phase

Syifa by Syifa
December 11, 2024
in News, Whats on
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Easycash x Superbank

Superbank President Director, Tigor M. Siahaan (left) and Easycash President Director, Nucky P. Djatmiko (right). credit: PR team

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Heaptalk, Jakarta — PT Indonesia Fintopia Technology (Easycash) and PT Super Bank Indonesia (Superbank) have agreed to expand credit distribution across Indonesia in the second phase. The renewed focus will be leveraging advanced technology and extending financial services to underserved and underbanked regions. This measure was also successfully executed in channeling the first phase of strategic loans in December 2023.

“Through this second phase, we are dedicated to enhancing access to financial services for remote and underserved communities while deepening our partnership with banking institutions such as Superbank.” President Director of Easycash, Nucky Djatmiko, conveyed.

Since the inception of this alliance, Easycash, supported by the Superbank’s financial infrastructure, has disbursed a cumulative total of US$1 billion or around Rp16.18 trillion in loans to over six million recipients, primarily targeting underserved and underbanked populations. Despite its achievements, most of these disbursements remain concentrated in Java, highlighting an untapped opportunity to expand into other regions. The second phase of this partnership aims to address this gap by broadening geographical coverage and scaling its impact on financial inclusion.

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According to Sukiwan, Superbank’s Chief Business Officer, this strategic cooperation exemplifies the transformative potential of expanding financial access to unserved communities. By integrating Easycash’s innovative platform with our financial resources, Superbank streamlined credit distribution while maintaining robust risk management practices.

“In this next phase, we are committed to reaching a broader audience across Indonesia and ensuring more individuals benefit from accessible financial solutions,” he added.

This expanded collaboration also aligns with the Indonesian government’s financial inclusion targets outlined by the Financial Services Authority (OJK). By synergizing their resources and expertise, Easycash and Superbank aim to bolster Indonesia’s economic ecosystem, harnessing technology to deliver more inclusive, efficient, and accessible financial solutions for all segments of society.

Tags: easycashSuperbank

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