Project Info
Client
DuitHape
Project
DuitHape Fintech Mobile App: Fintech App for Unbanked People.
Tech Stack
NestJS, React Native, Alibaba Cloud Kubernetes, Apsara DB (MySQL), Apsara DB Redis, OSS bucket, AWS Face Recognition
Challenge
In 2021, the ownership rate of financial institution accounts in Indonesia stood at around 49% among adults aged 15 and above. This signifies that less than half of Indonesia's adult population had the privilege of accessing formal financial services via conventional banks or financial institutions. Consequently, this stark disparity in access to financial services results in hardships for individuals in rural areas, particularly concerning payment processing, savings, and person-to-person transactions.
Our Solution
In response to this issue, we have developed a fintech application tailored to offer essential financial services to the unbanked demographic. Our primary focus revolves around delivering fundamental services, notably PPOB (Payment Point Online Banking), a widely embraced method in rural areas for purchasing phone credits. Additionally, our core features include facilitating salary disbursements for individuals in these underserved communities.
The Solution
Our fintech application is designed to bridge the financial services gap for the unbanked population in Indonesia. It addresses the pressing need for basic financial services that are often inaccessible to those in rural areas. Here are the key features:
Our app enables users to conveniently purchase phone credits, a crucial necessity for staying connected in today's digital age. Users can top up their mobile phones anytime and anywhere, eliminating the need for travel to distant service providers.
We facilitate the secure and efficient disbursement of salaries. This feature is particularly valuable for individuals who work in rural areas, where access to traditional banking services is limited.
By providing these essential financial services, we contribute to greater financial inclusion, empowering individuals to manage their finances more effectively and participate in the formal economy.
Our user-friendly interface ensures that even those with limited technological proficiency can easily navigate and utilize the app, making it accessible to a wide range of users.
The app is built with a robust infrastructure to ensure reliability and stability, even in areas with less reliable network connectivity.
In essence, our fintech solution aims to improve the lives of unbanked individuals by offering them access to vital financial services, ultimately fostering financial inclusion and equality.
The Impact
Our fintech application has made significant strides since its
inception. It is now widely recognized as one of the key players in Indonesia, catering specifically to the
unbanked population. The app has become an essential tool for many, providing access to vital financial
services that were previously out of reach.
Notably, our efforts have garnered international attention. In Ikata, Japan, the local prefecture has taken
note of our success and the positive impact we've had on financial inclusion. As a result, they have decided
to adopt a similar system and have chosen to license our technology through Duithape. This recognition further
underscores the effectiveness and potential for scalability of our solution on a global scale. We're proud to
be at the forefront of driving financial inclusion and making a difference in the lives of the unbanked.
(documentation: https://www.youtube.com/watch?v=NMn8npsdWnc)
