Wednesday, September 27, 2023 | 16:38 WIB

Privy Together with Austrade Strengthen Business Expansion in Australia


Jakarta, IO – A digital identity and signature service start-up company, Privy is preparing to expand its business in Australia following the inauguration of a branch office in Sydney, Australia, in early July 2023. This is Privy’s first step in becoming a global company in the field of digital identity (Digital Identity).

Not long ago, Privy received a visit from the Australian Government delegation led by the Australian Minister of Industry and Science, The Hon Ed Husic MP. The visit was intended to learn more about digital identity and signature services, information security systems and the Privy management team.

On Thursday, 7 September 2023, Privy welcomed the arrival of a delegation from The Australian Trade and Investment Commission (Austrade) at the Cibis Park area, Jakarta. Xavier Simonet as CEO of Austrade accompanied by Senior Trade and Investment Commissioner of Austrade, Sally Deane, Senior Investment Manager of Austrade, Hanifan Ahda Tarmizi and Director of Investment NSW, Yonathan Wijaya was received directly by the Privy management team.

“We are pleased to be able to visit Privy’s new office in Jakarta to discuss investment and further plans regarding business expansion in Australia. The opening of the Privy office in Sydney is a great example for the development of investments made between the Governments of Australia and Indonesia. We are also very pleased that Austrade and the team “NSW investment can support Privy’s investment and business expansion and increase Austrade’s role in B2B relations between Indonesia and Australia,” said Xavier in a written statement.

The meeting coincided with the visit of Prime Minister Anthony Albanese and Foreign Minister Penny Wong for the ASEAN Summit this week. The arrival of these two high-ranking Australian Government officials was in order to convey Australia’s Southeast Asia Economic Strategy until 2040 which highlights the need to increase two-way investment between Australia and countries in the Southeast Asia region. Apart from that, the arrival of the Austrade delegation to the Privy office is expected to facilitate business and trade activities using digital identities and certified electronic signatures made in Indonesia in Australia. Austrade’s assistance is expected to strengthen Privy’s business expansion and services in Kangaroo Country.

Xavier further said that previously Austrade had provided support for a unicorn technology company from Indonesia to open an office in Melbourne. This is a positive signal for the future development of the Australia-Indonesia technology sector. “Apart from helping other Indonesian companies to develop in Australia, some time ago we also helped technology unicorn companies expand in Australia. Thus, Privy’s expansion can encourage other Indonesian technology startup companies to expand their business in Australia,” added Xavier. .

The meeting was also attended by CEO of Privy, Marshall Pribadi and CIO of Privy, Krishna Chandra. “Privy welcomes the collaboration established with Austrade to reach a wider market, both for collaboration with Australian companies or local companies in increasing trade and investment relations between Indonesia and Australia,” said Krishna.

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Privy is a startup providing digital identity and signature services. As the first Indonesian SaaS (Software as a Service) company to export services to developed countries, the Australian Government welcomes and supports Privy’s expansion to Australia as a manifestation of the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA).

As an Electronic Certificate Provider (PSrE) which is affiliated with Kominfo, Privy has verified more than 40 million individual users in Indonesia and is trusted by more than 2,600 companies, and more than 150 million documents have been digitally signed through Privy. (rp)


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