Silverlake Axis’ Post

Org Chart: The execs stewarding Akulaku’s growth 👉 Read more: https://lnkd.in/d77tEPng Delving into Akulaku, a key player in Asia’s fintech scene with recent ups and downs in its operations. 📉 Akulaku faced operational challenges with a halt and subsequent reinstatement of its BNPL services by Indonesia's OJK due to supervisory violations. The company owns a significant stake in Bank Neo Commerce and has expanded digital banking efforts. 🏦 Leadership changes at Bank Neo Commerce include appointing Eri Budiono as CEO and reorganizing the board to bolster its financial stability amid significant share price drops and growing competition. 📱 Expanding beyond Indonesia, Akulaku operates OwnBank in the Philippines, which gained 500,000 customers shortly after launch, and manages substantial user engagement and financial activities through its Asetku wealth management service in its home market.

In a recent press conference with esteemed partners, which includes Asosiasi FinTech Indonesia, PT Bank Rakyat Indonesia (Persero) Tbk, and PT Bank Danamon Indonesia, Tbk., we discussed how our collective purpose is rooted in enabling financial access for all. This cross-sector collaboration aims to promote financial inclusion by bringing together our finest strengths and innovations. #OYIndonesia #OYBusiness #SecureYourWayForward

💡PT Bank Jasa Jakarta successfully held its Annual General Meeting of Shareholders, attended by the Board of Commissioners Astra Financial WeLab, Directors, and Management. In this shareholders' meeting, it was discussed that the year 2023 has been a special year for PT Bank Jasa Jakarta, as Bank Jasa Jakarta has officially started its digital banking services through the launch of Bank Saqu for all people in Indonesia. The launch of the Bank Saqu application marks the beginning of the transformation of Bank Jasa Jakarta into a bank with digital banking services.   In the future, we will focus on promoting financial inclusion and reaching the underbanked and unbanked communities in Indonesia. We are optimistic that the launch of digital banking services will have a positive meaning for the bank in “Transforming Banking—Uplifting Indonesia," supporting the progress of Indonesia’s financial inclusion while providing the best added value for shareholders and stakeholders✨   #BankJasaJakarta #BankSaqu #AstraFinancial #WeLab #TransformingBanking #UpliftingIndonesia

Modernising your bank’s infrastructure doesn’t require a complete overhaul. With our plug-and-play digital banking solution, you can have everything up and running in just months. The audax platform offers a dual-mode evolution approach, allowing you to build a new digital core with novel products and channels while optimising the value of your existing legacy systems. ✅ Key benefits:  1) Rapid time to market (6-9 months) 2) Reduced complexity and risks 3) Ability to reuse proven components Explore our success powering Standard Chartered Indonesia's partnership with Bukalapak, implementing Banking-as-a-Service (BaaS) to launch the digital banking service BukaTabungan. Learn how we can enable the same success for you 👉  https://lnkd.in/gEPMs4WC #audax #pushfrontiers #DigitalBanking #EmbeddedFinance #BankingasaService #FinTech #yeswecanlah

Another interesting discussion and sharing session topic about #digitaltransformation in #bank and #financialinstitution. Stay tuned!

Want to embark on digital transformation yet daunted by disruption of core operations? 😱 We are here to help. The audax platform allows you to adopt a dual-mode evolution, where we progressively construct a new digital core with novel products and channels while optimising the core value of your legacy systems. ✅ Key benefits: 1) Rapid time to market (6-9 months) 2) Reduced complexity and risks 3) Ability to reuse proven components Don’t just take our word for it – we’ve done it for Standard Chartered Indonesia with Bukalapak, implementing Banking-as-a-Service (BaaS) to launch the digital banking service, BukaTabungan. Discover how we can enable the same success for you 👉 https://lnkd.in/gsy9QbRR #audax #pushfrontiers #DigitalBanking #EmbeddedFinance #BankingasaService #FinTech #yeswecanlah

#LearnFromOurLeaders: Cahyadi Poernomo at the Digital Banking Asia Summit by Escom Events At the Digital Banking Asia Summit Indonesia 2024, our Chief Customer Management Officer, Cahyadi Poernomo, emphasized a key takeaway: Trust is the cornerstone of success in the ever-evolving financial industry. He was joined by Charles Budiman, Chief Digital Officer of PT. Maybank Indonesia Finance, Fauzi Dwi Reza Aditya, Group Head Digital Product of Bank Aladin Syariah, and Cipta Pratama, Head of Product Design of PT Bank Jago Tbk. This session definitely inspired us to continue to strengthen our customers' trust. #BisaJadiJADIBISA #Insights

The digital bank race has begun. Which of these entities will be the leading future of digital banking in Malaysia? With every entity carries its own strength of their own industries origins, the battle royale will be an interesting watch and to be witnessed by many Malaysians targeting current and future generations. So, which one will you pick to be your reliable and trusted digital financial partner soon? KAF Islamic Digital Bank (Investment Banking origin) Lead by KAF Investment a diversified Malaysian financial services group expert in Money Market Activities, Investment Banking, Stock Broking, Islamic Banking, Investment Fund Management, Fund Advisory and Trustee services. Boost Bank (Telco and Financial Credit origin) Backed by Axiata, a Malaysian multinational telecommunications conglomerate with extensive operations in Asia and well known traditional bank, RHB Bank. GX Bank (e-Hailing & Logistic origin) Grab-led bank with the first digital bank applicant to commence operations in Malaysia. AEON Bank (Financial Credit origins) One of largest Japan retailers and a common credit brand known in Malaysia for its reputation in providing competitive motorcycle hire purchase facility package. YTL - SEA digital bank (Infrastructure and Technology origins) Shopee-led digital bank backed with CPO, who is a co-founder of Moneylion which part of AEON. Good to know that Malaysia's digital financial solution has grown steadily against other ASEAN (image). #digitalbank #digital #bank

Org Chart: The execs stewarding Akulaku’s growth 👉 Read more: https://lnkd.in/d77tEPng 🔍 Akulaku, an Indonesia-based fintech firm, faced regulatory challenges but resumed its BNPL services after a temporary halt. 🌐 In addition to BNPL, Akulaku offers diverse services including digital banking through BNC, and has significant presence in digital banking across Indonesia and the Philippines. 📈 Under new leadership, BNC is revamping its strategy amidst significant financial losses, while continuously expanding user base and loan distributions.

Krungsri is enhancing its support for Thai businesses expanding into ASEAN through a new MoU with MUFG, PT Bank Danamon Indonesia, Tbk., VietinBank, and Security Bank Corporation Read here: https://lnkd.in/gK2Rczup #fintech #banking #Thailand