Thursday, April 25, 2024 | 07:33 WIB

Indonesian digital identity and security services provider PrivyID taps into the Australian market, partners with Katalis to derisk expansion strategy

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Left: Co-Founder & CTO Privy, Guritno Adi Saputra Middle: Founder & CEO Privy, Marshall Pribadi Right: CIO & CFO Privy, Krishna Chandra. (Source: Special)

About Privy

Privy is the leading digital trust provider startup and the first Indonesian company to join the FIDO Alliance or International Industry Association with a mission to create secure and user-friendly global authentication standards. Privy is listed on the Forbes Asia 100 to Watch 2021 and licensed as an Electronic Certificate Provider under the Indonesian Ministry of Communication and Information Technology. According to the data reported to the Ministry of Communication and Information Technology by the Indonesian Certificate Authority, around 80 per cent of newly issued digital certificates in 2020 were issued by Privy. 

Privy is also the first E-KYC provider officially registered with the Financial Services Authority (OJK) and the only digital trust provider that has passed the regulatory sandbox of Bank Indonesia (BI). Since 2019, Privy has obtained official approval to access national identity data and facial biometrics managed by the Directorate General of Population and Civil Registration of the Ministry of Home Affairs of the Republic of Indonesia to verify the identity of its users with the highest accuracy. In 2022, Privy’s CEO and co-founder was awarded by the Indonesian Financial Services Authority at the Annual Meeting of Financial Service Providers as “Pioneer of Certified Digital Identity and Electronic Signature that supports the national economic recovery program”, and in October 2022, Privy received a Minister of Finance Decree for serving both individual and corporate taxpayers to digitally sign tax-related documents using PrivyID or EnterpriseID. Privy CEO Marshall Pribadi currently serves as Chair of the Indonesia Regtech and Legaltech Association (IRLA), Deputy Chairperson of the Indonesian Fintech Association (AFTECH), an Endeavor Entrepreneur, and was listed in Forbes Asia 30 under 30 in 2017.

About Katalis

IA-CEPA ECP Katalis (Katalis) is a unique, five-year (2020-25) government-backed business development program unlocking the vast potential of economic partnership between Australia and Indonesia. Katalis was established under the Indonesia-Australia Comprehensive Economic Partnership Agreement Economic Cooperation Program (IA-CEPA ECP). The program complements other Australian development programs with a commercially oriented, bilateral approach and places gender equality, disability and social inclusion (GEDSI) at the centre of everything we do.

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