PT MNC Kapital Indonesia, Atome Financial push tailored digital banking in Indonesia

PT MNC Kapital Indonesia, through its subsidiaries PT MNC Bank Internasional and PT MNC Teknologi Nusantara, has partnered with Atome Financial to expand the range of tailored digital financial services to Indonesian consumers. 

The partnership with Atome Financial and its affiliates covers digital loan channelling with Kredit Pintar, Atome’s buy-now-pay-later product, AI-based credit scoring, and underwriting to lend safely and responsibly. 

Aside from increasing MotionBanking, Kredit Pintar and Atome’s user bases, the collaboration will offer extra convenience via simple and easy digital banking services .

MotionBanking and Kredit Pintar will offer digital loans. Borrowers can apply for the loan directly from MotionBanking or Kredit Pintar app using the QR code shown on MNC Group’s media platforms. 

MotionPay will offer cash loans through Kredit Pintar and option to pay with Atome buy-now-pay-later. Users can apply directly through MotionPay app to get a cash loan and/or BNPL payment option. For all loan channeling, MotionBanking and Atome will have shared ownership of the borrower database.

Also, MotionBanking and Atome will explore co-branded credit cards, offering instant approval and activation. Users can use the credit card for online or offline transactions within Atome’s ecosystem. The partnership is also targeting unbanked consumers.

“We believe that with the support and influence of MNC Group in Indonesia, MotionBanking will become the market leader in personalized digital banking services,” said Denny Hanubrata, business director of MNC Bank. “Our vision is for MotionBanking to be the all-in-one digital banking service application.”

Hanubrata said this partnership, coupled with other collaborations and direct lending done in MotionBanking, can generate 4.8 trillion rupiah  interest income from digital banking from 30 million MotionBanking users in the next five years.

“Beyond providing new features, such as PayLater and loans for our users to enjoy, we hope to be able to capitalise on our media to penetrate and educate the Indonesian market on the innovative financial products being offered,” said Jessica Tanoesoedibjo, managing director of MotionPay.