Bank Saqu and Easycash Partner to Expand Channeling Credit Services

Enhancing Financial Inclusion through Digital Collaboration

PT Bank Saqu Indonesia has entered into a strategic partnership with PT Indonesia Fintopia Technology, operating as Easycash, to distribute credit through channeling arrangements. This collaboration marks a significant step in leveraging the complementary strengths of digital banking and peer-to-peer lending fintech to expand financial inclusion in Indonesia.

Leveraging Technology for Financial Accessibility

Chief Digital Business Officer of Bank Saqu, Angela Lew Dermawan, emphasized that this partnership is crucial for promoting financial inclusion in Indonesia. The combination of Easycash's technological capabilities and Bank Saqu's digital banking ecosystem is designed to broaden access to financial services that are more equitable, secure, and responsible. The collaboration is not limited to fund disbursement but also focuses on building a sustainable ecosystem for solopreneurs, UMKM (Micro, Small, and Medium Enterprises), and underbanked populations to grow and contribute to economic development.

Strategic Implications for Digital Banking and Fintech

This partnership between a digital bank and a fintech lending platform highlights the growing trend of collaboration in the financial technology sector. By combining their expertise, Bank Saqu and Easycash aim to create a more comprehensive and inclusive financial services ecosystem. The initiative is expected to have a positive impact on the growth of digital financial services in Indonesia, particularly in reaching underserved market segments.