This Fintech Company to Forge AI-Powered Strategic Partnership to Drive Financial Inclusion Across Indonesia and India

DigiAsia Corp. (NASDAQ: FAAS), a leading Indonesian fintech platform, and MOS Utility Limited, an Indian fintech innovator, announced an expanded strategic partnership focused on AI-powered branchless banking and financial inclusion innovation. This collaboration is set to accelerate financial inclusion across Indonesia and India, targeting a substantial $30+ billion opportunity.

Key Highlights of the Expanded Partnership:

• Branchless Banking Expansion: The partnership will leverage MOS’s technology to scale DigiAsia’s branchless banking operations across Indonesia. The initiative aims to onboard over one million merchants to serve as financial service agents, thereby expanding access to financial services for underserved communities.
• AI-Powered Tools Co-Development: DigiAsia and MOS are committed to co-developing advanced Artificial Intelligence capabilities to enhance efficiency and reach. These tools include:

• AI Agent Performance Scoring: Predictive models designed to identify high-potential agents within the network.
• Cash Management AI: Liquidity forecasting tools to mitigate cash shortages at the agent level, ensuring smoother operations.
• AI Conversational Assistant: A multilingual voice and chat interface to support agents in guiding customers through various services, including payments, savings, and micro-loan applications.

• Financial Inclusion Initiatives: The collaboration will roll out crucial financial inclusion services, such as cash collection, cash disbursal, consumer loan origination, and automated KYC processes, providing essential banking access to the underserved market.

Strategic Impact and Vision

This strategic partnership is expected to have a significant impact by offering inclusive access to financial services. It will expand these services to rural and semi-urban areas of Indonesia by empowering micro-merchants to act as branchless banking agents. Furthermore, the implementation of AI-based tools is projected to enhance operational efficiency, improve agent performance, reduce service disruptions, and ultimately enhance the customer experience in both Indonesia and India.

About DigiAsia Corp. (NASDAQ: FAAS)

DigiAsia Corp. (NASDAQ: FAAS) is a prominent Indonesian fintech platform offering embedded finance, branchless banking, and digital payment solutions. Its core mission is to advance financial inclusion by empowering micro-merchants, SMEs, and consumers with accessible, digital-first financial services.

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Disclaimer: The article is for informational purposes only and not investment advice.