Fintech funding platform Helicap and Financial institution Danamon have partnered to to help the fintech business in Indonesia.

Each entities purpose to offer complete progress capital options to fintech and different lending corporations in addition to micro, small, and medium-sized enterprises (MSMEs) throughout varied industries together with provide chain, leasing, and e-commerce.

The partnership will create a strong funding ecosystem by combining Danamon’s huge banking community, which incorporates over IDR 221 trillion in consolidated belongings, with Helicap’s expertise in diversified debt portfolio administration and superior knowledge analytics.

This ecosystem will help non-bank corporations all through their improvement, from preliminary funding phases to potential preliminary public choices (IPOs).

The collaboration is anticipated to generate vital long-term transaction volumes for Danamon, leveraging its banking infrastructure to facilitate enterprise progress by elevated transaction volumes and new account openings.

It additionally goals to reinforce Helicap Group’s visibility by offering its debtors with entry to a broader vary of monetary merchandise, together with these involving cross-border partnerships, credit score, and money administration options.

A concentrate on co-lending will see Helicap and Danamon working collectively to increase lending capacities and maximize influence, with an emphasis on using know-how to enhance danger administration.

Integration of Helicap’s know-how with Danamon’s banking system is projected to streamline varied monetary processes, together with money reconciliation and fraud analytics.

David Z. Wang

David Z Wang, CEO and Co-Founding father of Helicap stated,

“This partnership is a watershed second for the fintech and different lending business in Southeast Asia.

 

By combining our credit score experience and assets with Danamon’s in depth attain and banking know-how, we’re creating a really distinctive and complete resolution for fintech and different lending corporations throughout the area.”

Andi S Wahdi

Andi S Wahdi, Enterprise Banking Enterprise Head at Financial institution Danamon stated,

“We offer modern and applicable monetary options in order that clients can take management of their monetary wants and targets. At present we’re excited to announce our partnership with Helicap as one among chief within the fintech funding area.

 

This collaboration aligns with our dedication for supporting innovation and driving monetary inclusion in Indonesia and past.”

Featured picture: (From left to proper) Quentin Vanoekel, Co-founder and CIO of Helicap Investments; David Z Wang, Co-founder and Group CEO of Helicap; Andi Syaiful Wahdi, Enterprise Banking Enterprise Head; Rex William Taylor, Enterprise Banking Crew Head.