Yiren Digital forms strategic joint venture with klikUMKM

Yiren Digital announced the formation of a strategic joint venture with PT. Pinjaman Kemakmuran Rakyat, or klikUMKM, and PT. Artha Digital Investama, member of Artha Graha Network. The partnership combines Yiren Digital’s financial technology expertise and AG Network’s local market knowledge to develop innovative digital solutions. Under the collaboration, Yiren Digital will integrate its AI-driven capabilities and proprietary technologies into the JV’s operations, including advanced risk management algorithms, automated customer service platforms, and data-driven marketing solutions. The JV is expected to commence operation in the second half of 2025. Beyond the JV, the partnership aims to explore additional technology collaborations, supporting AG Network’s broader digital transformation initiatives across its business portfolio.