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FINV - FinVolution's subsidiary enter partnership with Bank OCBC NISP
PPDAI Group Inc. American Depositary Shares each representing five Class A
2023-06-15 06:33:45 ET
FinVolution Group ( NYSE: FINV ) on Thursday notifies that its Indonesian financial application, AdaKami, has entered into a strategic cooperation agreement with Bank OCBC NISP, an Indonesian publicly listed banking and financial services company.
With the move, FinVolution expands its funding base in the international markets.
The cooperation intends to boost the Indonesian economy by promoting innovation in the digital financial ecosystem and facilitating credit availability, while also increasing the Company's financing facility by an additional 100 billion Rupiah.