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FUSE INSURTECH COLLABORATES WITH SINARMAS HANA FINANCE TO OFFER MULTIPURPOSE FINANCING

JAKARTA - Economic activity that has begun to recover along with the control of the handling of Covid-19, has an impact on the increase in financing distribution by multifinance companies. Efforts to encourage financing by multifinance companies continue to be intensified, including by utilizing digital platforms owned by insurtech companies.

Insurtech company Fuse agreed to work with financing service company Sinarmas Hana Finance, for a multipurpose financing program. This program allows people to get a loan from Sinarmas Hana Finance by making car assets / BPKB as collateral.

“We see that public interest, especially customers, tends to be high in obtaining loans. On that basis, we chose to work with Sinarmas Hana Finance, which is a trusted financing service company. Customers can apply for a loan to a Fuse partner by using a car BPKB as a loan requirement. If declared eligible, Sinarmas Hana Finance will provide a loan,” said Cunyono Lijanto, Head of Finance Institute Fuse when giving a speech at the signing of the Memorandum of Understanding (MoU) of multipurpose financing program between Fuse and Sinarmas Hana Finance at Hotel Sultan, Jakarta, Monday (22/11).

Meanwhile, Business Director of Sinarmas Hana Finance, Andrew Ludy said, technological advances are currently developing very rapidly. Almost all companies continue to improvise and innovate in product development and how to market their products, through various technology platforms. This innovation and creativity is expected to provide wider access to finance for the people of Indonesia.

“We believe that the collaboration between Sinarmas Hana Finance and Fuse will be an advantage for both companies. An innovative collaboration, because Sinarmas Hana Finance is a non-bank financial services institution that is present to revive the national economy through a variety of financial products, and Fuse is a technology platform that has more than 60 thousand marketers/partners,” said Andrew.