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JAKARTA - Ayoconnect, Southeast Asia's largest Open Finance API platform announced its synergy cooperation with Kredivo, Indonesia's leading digital credit platform.

The two companies agreed to collaborate because they have the same commitment, namely to accelerate the inclusion of financial services in Indonesia through simplifying user financial services.

Through this collaboration, Kredivo launched the Auto Debit Kredivo feature which is claimed to make it easier for Kredivo users to make payment transactions throughout Indonesia

In the first phase, Kredivo's integration with the Direct Debit API Ayoconnect can be used by Bank Mandiri and Bank BRI customers, so that payments can be faster and more efficient without a repeated verification process.

Umang Rustagi as CEO of Kredivo Indonesia revealed, through this integration, they want to improve their experience of paying user loans to make it faster, safer and without obstacles.

"Ayoconnect is proud to be collaborating with Kredivo as a leading digital credit platform that shares common vision to simplify financial transactions," said Chiragh Kirpalani as Founder and COO Ayoconnect in a statement quoted Friday, August 4.

Chiragh added, in the future, Ayoconnect will also continue to collaborate with the Open Finance ecosystem to encourage economic growth and achieve financial inclusion.

By taking advantage of Ayoconnect's competence in the field of Open Finance and Kredivo's leadership in the Paylater industry in Indonesia, the two companies are ready to launch innovations in the payment landscape that are able to produce better efficiency, security, and convenience for customers.


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