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TrueMoney Indonesia
Information by Research TrustFinance
TrueMoney Indonesia is a service of PT Witami Tunai Mandiri, launched in Indonesia in 2015. It is part of Ascend Money, a Southeast Asian fintech company backed by Thailand's C.P. Group and Ant Financial (Alipay). The company's mission is to promote financial inclusion by providing accessible and affordable financial services, particularly to Indonesia's unbanked and underbanked population. It operates through a vast network of agents (Agen TrueMoney) across the country, offering services like bill payments, mobile top-ups, game vouchers, and cash-in/cash-out for its e-money wallet. The company is officially licensed and supervised by Bank Indonesia as both an electronic money issuer and a fund transfer operator.
Indonesia
Industry
Financial