DigiAsia Corp. announced a strategic new development in its service offerings, heralding a new era of innovation and growth within the financial sector by harnessing artificial intelligence solutions. The Company's latest initiative focuses on the incorporation of cutting-edge AI technology into its existing embedded finance solutions.

This ground-breaking endeavour, known as ANDITA (Artificial Neurolinguistic Data Intelligence for Transaction Analytics), is poised to transform the landscape of financial services, particularly for the MSME segment in Indonesia. ANDITA is a partnership between DigiAsia and PT Meteor Inovasi Digital, a leading technology development firm in Indonesia, leveraging joint expertise to accelerate the adoption of AI services to create real world impact. By harnessing the capabilities of AI-driven insights, DigiAsia aims to streamline loan approval processes, providing MSME merchants with enhanced speed and accuracy leading to greater financial inclusion in this underserved market.

Through optimized cash management, resource planning, and working capital utilization, businesses can anticipate significant improvements in operational efficiency and financial performance. ANDITA is expected to launch in the second half of 2024.