Yiren Digital Partners with klikUMKM to Deliver AI-Driven Financial Solutions Across Indonesia

Core Viewpoint - Yiren Digital Ltd. has formed a strategic joint venture with AG Network to enhance financial services in Indonesia, leveraging AI technology and local market expertise to meet the growing demand for accessible financial solutions in Southeast Asia's largest economy [1][3]. Company Overview - Yiren Digital is an AI-powered platform that provides a comprehensive suite of financial and lifestyle services in China, aiming to improve customers' financial well-being and quality of life through digital financial services and tailored solutions [6]. - AG Network is a leading Indonesian conglomerate with diverse business interests, including finance, retail, agriculture, telecommunications, and manufacturing, focused on innovative and sustainable finance solutions [7]. Joint Venture Details - The joint venture will integrate Yiren Digital's AI-driven capabilities, including advanced risk management algorithms and automated customer service platforms, to create a customer-centric financial service tailored for the Indonesian market [2]. - AG Network's established local market presence and regulatory expertise will facilitate compliance with local regulations and expedite market entry for the joint venture, which is expected to commence operations in the second half of 2025 [3]. Future Collaborations - Beyond the joint venture, the partnership aims to explore additional technology collaborations to support AG Network's broader digital transformation initiatives across its various business sectors [4]. Leadership Insight - The Chairman and CEO of Yiren Digital emphasized that this partnership is a significant milestone in the company's international expansion strategy, highlighting the potential for financial and technological innovation in Indonesia's market of 281 million people [5].