Creating Happiness, Uplifting Lives
JNEI is the digital JV with JNE Express (Indonesia’s leading logistics company in terms of market share with a network of 62 main branches & 8,500 service outlets).
Indonesia has the largest unbanked/underbanked population in South East Asia, comprising around 80% of 270Mil. (Source: The World Bank). We are working with JNE Express & a top local Indonesia conglomerate to launch an innovative digital financial services sales platform to improve financial inclusion across Indonesia. Working with a large & growing data lake of over 60Mil unique customers, we have developed a machine learning AI engine to further improve credit scoring as extended data points via homomorphic encryption against highly secure cloud based data lakes.
By 2025, SE Asia’s digital financial services market is projected to generate about US$38Bil in revenue, of which digital lending making half of this market opportunity or US$19Bil. (Source: Fulfilling it’s Promise: The Future of South East Asia’s Digital Financial Services: Bain, Google, Temasek) Out of 400Mil unbanked/underbanked population across SE Asia, Indonesia, with it’s sheer unbanked/underbanked market size will generate an estimated US$9-10 Bil market opportunity for digital lending.