Bank Andara helps microfinance institutions to bank 40 million in Indonesia

Bank Andara and Fundamo use mobile technology to deliver services to MFIs.

Indonesia’s Bank Andara has partnered with Fundamo, a mobile financial services provider, to launch AndaraLink, a new network that is designed for microfinance institutions (MFIs). The new financial services network will enable MFIs to offer financial services to more than 40 million previously unbanked Indonesians through mobile terminals which are connected to a mobile network.

¬ Haymarket Media Limited. All rights reserved.

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