JAKARTA. PT Indodana Multi Finance (Indodana Finance), a fintech company formerly known as Triprima Multifinance, announced its latest partnership with PT Bank BTPN Tbk (BTPN) to expand the scope of its service.

Iwan Dewanto, Director of Indodana Finance, said that this collaboration will facilitate users to acquire fast, unsecured loans with low interest rate and tenor of up to 12 months.

“Through the funding cooperation with Bank BTPN, Indodana Finance is committed to providing financial solutions to the Indonesian community in meeting their needs through the Indodana PayLater financial product services," Dewanto said in the official release.

Said loan is available for the users in over 30 thousand offline and online stores. “It is hoped that this cooperation can also increase financial inclusion in Indonesia so that all citizens can enjoy easy, fast, and safe access to financial services,” added Dewanto.

Meanwhile, Nathan Christianto, Head of Wholesales, Commercial and Transaction Banking of BTPN, said that this cooperation is in line with the company’s vision to provide substantial transformation to the masses, particularly through digital technology support.

“It is hoped that through this cooperation, both parties can contribute to accelerating financial inclusion in Indonesia digitally, especially for communities that has yet to be covered by banking services through Bank BTPN’s capability and digital ecosystem network owned by Indodana,” said Christianto.

For the record, Indodana Finance has obtained a business license in financing sector from Financial Services Authority (OJK) on August 29, 2023. In conducting its business, Indodana Finance also works together with PT Artha Dana Teknologi. (KR/ZH)