FinVolution Subsidiary AdaKami Enters into Strategic Funding Agreement with PT Super Bank, Indonesia
FinVolution Group's Indonesian subsidiary AdaKami has secured a strategic funding agreement with PT Super Bank Indonesia. The agreement provides AdaKami with a 500.0 billion Rupiah (approximately US$32.0 million) funding facility. This partnership validates AdaKami's successful transition to serving better-quality borrowers and adds to its existing partnerships with multiple lenders including Seabank, Bank Jago, Bank Permata, and OCBC NISP. The collaboration aims to promote financial inclusion while expanding FinVolution's business footprint in Indonesia.
La sussidiaria indonesiana di FinVolution Group, AdaKami, ha ottenuto un accordo di finanziamento strategico con PT Super Bank Indonesia. L'accordo fornisce ad AdaKami una linea di finanziamento di 500,0 miliardi di Rupiah (circa 32,0 milioni di dollari statunitensi). Questa partnership convalida la transizione di AdaKami nel servire borrower di migliore qualità e si aggiunge alle sue partnership esistenti con diversi finanziatori tra cui Seabank, Bank Jago, Bank Permata e OCBC NISP. La collaborazione mira a promuovere l'inclusione finanziaria mentre espande la presenza commerciale di FinVolution in Indonesia.
La subsidiaria indonesia de FinVolution Group, AdaKami, ha asegurado un acuerdo de financiamiento estratégico con PT Super Bank Indonesia. El acuerdo proporciona a AdaKami una línea de financiamiento de 500.0 mil millones de Rupias (aproximadamente 32.0 millones de dólares estadounidenses). Esta asociación valida la exitosa transición de AdaKami para atender a prestatarios de mejor calidad y se suma a sus asociaciones existentes con múltiples prestamistas, incluidos Seabank, Bank Jago, Bank Permata y OCBC NISP. La colaboración tiene como objetivo promover la inclusión financiera mientras se expande la huella empresarial de FinVolution en Indonesia.
핀볼루션 그룹의 인도네시아 자회사인 AdaKami가 PT 슈퍼 뱅크 인도네시아와 전략적 자금 조달 계약을 체결했습니다. 이 계약은 AdaKami에게 5000억 루피아 (약 3200만 달러)의 자금 지원을 제공합니다. 이 파트너십은 더 나은 품질의 대출자를 지원하기 위한 AdaKami의 성공적인 전환을 검증하며, Seabank, Bank Jago, Bank Permata 및 OCBC NISP를 포함한 여러 대출 기관과의 기존 파트너십을 추가합니다. 이번 협력은 금융 포용성을 촉진하고 핀볼루션의 인도네시아 내 사업 범위를 확장하는 것을 목표로 하고 있습니다.
La filiale indonésienne de FinVolution Group, AdaKami, a obtenu un accord de financement stratégique avec PT Super Bank Indonesia. Cet accord offre à AdaKami une facilité de financement de 500,0 milliards de Rupiah (environ 32,0 millions de dollars américains). Ce partenariat valide la transition réussie d'AdaKami vers des emprunteurs de meilleure qualité et s'ajoute à ses partenariats existants avec plusieurs prêteurs, dont Seabank, Bank Jago, Bank Permata et OCBC NISP. La collaboration vise à promouvoir l'inclusion financière tout en élargissant l'empreinte commerciale de FinVolution en Indonésie.
Die indonesische Tochtergesellschaft von FinVolution Group, AdaKami, hat eine strategische Finanzierungsvereinbarung mit PT Super Bank Indonesia gesichert. Die Vereinbarung sieht eine Finanzierung von 500,0 Billionen Rupiah (ca. 32,0 Millionen US-Dollar) vor. Diese Partnerschaft bestätigt die erfolgreiche Umstellung von AdaKami auf die Bedienung von höherwertigen Kreditnehmern und ergänzt die bestehenden Partnerschaften mit mehreren Kreditgebern, darunter Seabank, Bank Jago, Bank Permata und OCBC NISP. Die Zusammenarbeit hat das Ziel, die finanzielle Inklusion zu fördern und gleichzeitig den Geschäftsbetrieb von FinVolution in Indonesien auszubauen.
- Secured new funding facility worth US$32.0 million from PT Super Bank Indonesia
- Successfully expanded funding partner network with multiple reputable banks
- Demonstrated successful transition to better-quality borrowers
- Potential for improved funding costs through diversified funding sources
- None.
Insights
The strategic funding agreement between AdaKami and PT Super Bank marks a significant milestone in FinVolution's Indonesian expansion. The
The deal carries three key implications: First, it diversifies funding sources, reducing dependency on any single partner. Second, it potentially lowers funding costs, which could improve profit margins. Third, the partnership with an established local bank enhances AdaKami's market credibility and could accelerate customer acquisition in Indonesia's vast fintech market.
Under the terms of the agreement, Superbank will provide AdaKami with a funding facility of
Mr. Tiezheng Li, Vice Chairman and Chief Executive Officer of FinVolution Group, commented, "We are proud to collaborate with Superbank to serve our growing customer base in
About FinVolution Group
FinVolution Group is a leading fintech platform with strong brand recognition in
About PT Super Bank Indonesia
Superbank, formerly known as PT Bank Fama International, is a bank with digital services in
For investor and media inquiries, please contact:
In
FinVolution Group
Head of Investor Relations
Jimmy Tan, IRC
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: ir@xinye.com
Piacente Financial Communications
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: finv@tpg-ir.com
In
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: finv@tpg-ir.com
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SOURCE FinVolution Group
FAQ
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