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Increasingly Innovative, Kopra by Mandiri Surpasses Competitors in Corporate Solutions Business

31/07/2024 08:16 | By Mandiri

Won the Finance Asia Award 2024 for Most Used Technology Innovation

Jakarta, July 3, 2024 – Bank Mandiri continues its commitment to being the primary financial partner of choice for its customers. To that end, the bank with the BMRI stock code has provided Kopra by Mandiri's innovations and advantages in providing the most superior integrated digital financial solutions for the corporate business segment.

Kopra by Mandiri was first launched in 2021, along with the Super App Livin’ by Mandiri aimed at the retail segment. Since then, both have always been Bank Mandiri's flagship digital products capable of meeting almost all transactional and financial operational needs, both in the corporate and individual segments.

The success of Kopra by Mandiri as a market leader in corporate digital solutions is marked by a record transaction volume of IDR 19,100 trillion throughout 2023 and IDR 4,800 trillion up to the first quarter of 2024.

Bank Mandiri's IT Director, Timothy Utama, stated that Kopra by Mandiri has three main services that can be accessed via single sign-on, starting from Kopra Cash Management, Kopra Value Chain, to Kopra Trade. Thanks to these advantages, Kopra by Mandiri can provide quick, efficient, and secure access for business actors in managing their financial activities.

"We designed Kopra by Mandiri to always be a market leader in financial solutions for corporate customers. This platform offers various advanced digital features such as cash management, value-chain, and trade finance, all of which can be easily accessed through one portal," said Timothy Utama in an official statement on Wednesday (3/7).

Furthermore, Kopra by Mandiri not only simplifies business transaction processes but also increases operational efficiency through API-based technology or host-to-host, as well as strategic partnerships that support the business ecosystem from upstream to downstream. Thus, customers can initiate, authorize, control, and monitor transactions directly and integrated with the banking system.

Not only for domestic corporate customers, but Kopra by Mandiri also provides a special service, Kopra Beyond Borders, which can be used to monitor the financial transaction activities of international corporate customers operating in several different countries.

"Kopra exists to strengthen various business segments both domestically and internationally. We do not think only about business and profit. We do this more as an effort to expand digital financial access and financial inclusion through partnerships with various business parties," added Timothy.

Thanks to the various advantages of Kopra by Mandiri, Bank Mandiri has won five awards at the Finance Asia Award 2024. Bank Mandiri was named Best Bank in Indonesia, The Most Innovative Use of Technology in Indonesia, Best Corporate Bank- Large Corp & MNCs, Best Sustainable Bank in Indonesia, and Biggest ESG Impact in Indonesia.

"We highly appreciate the high recognition given by the public to Kopra by Mandiri, enabling us to win these awards. But this is not the last from Kopra. We will continue to innovate through Kopra by Mandiri to always have significant added value in the business community in Indonesia. The financial solutions offered by Kopra will continue to be innovative and relevant to the ever-evolving business needs," concluded Timothy.

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