Jakarta, October 18, 2018 - TrueMoney Indonesia is working with one of the largest finance companies in Indonesia, PT BFI Finance Indonesia Tbk (BFI Finance) in expanding and facilitating the public to apply for collateral loans through more than 16,000 TrueMoney agents throughout Indonesia.

"By collaborating with BFI Finance as one of the largest finance companies in Indonesia, the loan application process is very easy for the wider community, just come to the TrueMoney agent to register by completing personal data, then verification and validation will be done as well as the required documents by the BFI directly to the approval stage. In addition to facilitating the wider community to make loans, this multipurpose payment will provide additional value and income for agents and TrueMoney members in addition to the basic services provided by TrueMoney such as credit purchases, bill payments and other digital financial services. " said Rio da Cunha, President Director of TrueMoney Indonesia.

The superior product offered by BFI Finance through agents and TrueMoney members is currently in the form of financing motor vehicles and cars with certain guarantees. In the future, TrueMoney and BFI will develop this partnership through a faster disbursement process and cooperation services for umrah financing.

"This collaboration is an effort of BFI Finance to implement the company's vision, which is to become a trusted financial solution partner that contributes to improving the lives of people in various walks of life. BFI hopes that TrueMoney agents can become an extension of our hands to be able to become partners of these financial solutions and provide appropriate financial literacy and in accordance with the needs of the community, "said Rudy, Consumer Business Head of BFI Finance.