Bisnis.com, JAKARTA - PT Federal International Finance Group (FIFGROUP) can't wait to welcome the launch of the latest financial technology ecosystem from the parent company, namely electronic money and AstraPay digital wallet. For your information, this financing company that is a member of the PT Sedaya Multi Investama (Astra Financial) group is an entity that is trusted by the Astra Group to be a shareholder of AstraPay under the banner of PT Astra Digital Arta. Previously, FIFGROUP controlled 97.5 percent of AstraPay's shares, the rest was owned by the cooperative entity FIF 2000. However, in mid-2021, Astra Group formulated a strategy to enlarge AstraPay through additional capital and transfer to the parent entity, through the issuance of 1.95 million new shares which were absorbed separately. internals. In this corporate action, FIFGROUP took 398,500 shares (Rp39.85 billion) with a nominal value of Rp100,000 per share, while Astra Financial bought 1.55 million shares (Rp155.68 billion). As a result, the ownership portion of Astra Financial now reaches 72.75 percent of the shares, the remaining ownership of FIFGROUP is 25 percent of the shares, the other 2.25 percent is still owned by the FIF 2000 Cooperative. Director of IT, Business Development, Corporate Planning, and Risk Management FIFGROUP Indra Gunawan explained that the launch of AstraPay which will be held in mid-September 2021 is definitely good news. In particular, it is related to the strategy of increasing digital penetration for FIFGROUP's consumer base, which is dominated by motorcycle credit debtors, through familiarizing various transactions such as installment payments through digital channels. "In the trial period of the last 3 months, more than 40,000 of our consumers have made payments through the Astrapay application. So indeed the need is there. But for the biggest ones, it is still from a combined payment point, then those who come pay themselves to our office, " he told Bisnis, Tuesday (14/9/2021). Therefore, Indra is optimistic that the strategy to enlarge AstraPay will actually be a way to make the consumer base easier and more accustomed to doing digital transactions. Moreover, this digital wallet is a fintech made by the Astra Group itself, so it is definitely safe and confirmed to FIFGROUP. "We understand that as IKNB actors [non-bank financial industry], we also have a duty to provide channels to encourage financial literacy that are easily accessible to all of our consumers, so that in the end they are also accessible to all Indonesians," he concluded.