Bank Andara helps microfinance institutions to bank 40 million in Indonesia

Bank Andara and Fundamo use mobile technology to deliver services to MFIs.

Indonesia’s Bank Andara has partnered with Fundamo, a mobile financial services provider, to launch AndaraLink, a new network that is designed for microfinance institutions MFIs. The new financial services network will enable MFIs to offer financial services to more than 40 million previously unbanked Indonesians through mobile terminals which are connected to a mobile network.

“MFIs need a fast, flexible, secure and innovative technical infrastructure to deliver financial services to a...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: bank andara | fundamo | mfi | andaralink

Print Edition

FinanceAsia Print Edition