‘Actions speak louder than words’ is a phrase often associated with going through with a promise and commitment, and in the fintech sphere, one company embracing this philosophy wholeheartedly is additiv, the global digital solutions and platforms provider for financial services. Having previously stated it wanted to position Indonesia in a better position to embrace digital transformation, the firm has now set up a new office in Jakarta to ensure this comes to pass.
This expansion reflects the firm’s ambition to extend its offerings and improve its operational efficiency across the Asia Pacific (APAC) region. The new additiv office is located in District 8, a mixture of large and luxurious mixed-use developments comprising premium offices. With this new on-ground location, additiv will better support its existing clients and partners, while also pursuing new opportunities in Southeast Asia’s largest economy.
additiv offers solutions for wealth and asset management, banking, credit, and insurance solutions on a single platform. It uses a digital factory approach that includes omni-channel capabilities to accelerate distribution, self-service functionalities to improve customer experience, end-to-end digital processes to service the entire value chain, and AI-driven insights and data to enable personalisation.
Why Indonesia?
Indonesia has been selected as a country of interest due to the financial services landscape being rapidly digitised. Transformation is taking place due to high internet penetration, a supportive regulatory environment focused on financial inclusion, amongst a variety of other factors too. The country’s large population and growing middle class are driving unprecedented demand for sophisticated digital financial services.
Anurag Pandey, general manager and head, Asia Pacific at additiv
The company plans to expand its local team, drawing from Indonesia’s rich talent pool to support it growing client base in APAC.
Commenting on the expansion, Anurag Pandey, general manager and head, Asia Pacific at additiv said: “Indonesia is a key growth market for additiv in Asia Pacific, with its strong digital adoption rates and increasing demand for sophisticated financial services.
“Our new office in Jakarta demonstrates our commitment to this dynamic market and our confidence in its continued growth. We look forward to working closely with local financial institutions to deliver innovative digital solutions that meet the evolving needs of Indonesian consumers and businesses.”
Nils Frowein, chief executive officer at additiv
Nils Frowein, chief executive officer at additiv added: “The establishment of our Indonesian office marks another significant milestone in additiv’s global expansion strategy. As Southeast Asia’s largest economy embraces digital transformation, additiv is uniquely positioned to support financial institutions with our comprehensive platform solution.
“This expansion allows us to better serve our APAC clients while contributing to the development of Indonesia’s financial services ecosystem through our platform and deep expertise in financial services.”
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