OCBC NISP will work together with AwanTunai to provide financing for MSMEs
JAKARTA. PT Bank OCBC NISP Tbk (NISP) is working together with PT Simplefi Teknologi Indonesia, the owner of AwanTunai fintech company, to provide supply chain financing for microbusinesses in Indonesia.
Thomas Low, Director of NISP, said that his party sees large potential in the Micro, Small and Medium Enterprises (MSME) segment in Indonesia. "Bank OCBC NISP is ready to provide quality financing facilities to be distributed by AwanTunai to MSME businesses," Low said through an official statement received by idnfinancials.com.
AwanTunai is a startup that focuses on digitizing supply chains in Indonesia. Rama Notowidigdo, President Director of AwanTunai, explained that the cooperation with NISP will have an impact on the growth of MSME businesses in Indonesia.
NISP and AwanTunai did not mention the value of the cooperation. Although previously the company had injected capital for AwanTunai. (KR/AR)