Fintech innovator in India, MOS Utility Limited, is in focus on Monday, September 8, 2025, following the announcement of an expanded strategic partnership with Indonesia-based DigiAsia Corp. The collaboration focuses on branchless banking and AI-driven tools to accelerate financial inclusion in both India and Indonesia
MOS Strategic Collaboration
MOS Utility Limited (NSE: MOS) and DigiAsia Corp. (NASDAQ: FAAS) announced an agreement to broaden their partnership beyond payments. The companies aim to target a financial inclusion opportunity valued at over US$30 billion.
MOS’s technology will be integrated into DigiAsia’s operations to support branchless banking. The plan includes onboarding over one million merchants as financial service agents, extending services to underserved and rural communities in Indonesia.
The partnership will also focus on co-developing AI-driven capabilities such as:
Through this initiative, financial services such as cash collection, cash disbursal, consumer loan origination, and automated KYC will become more accessible. The goal is to strengthen inclusive access and reduce barriers for rural and semi-urban populations.
Commenting on the development, DigiAsia Co-CEO Prashant Gokarn stated that the collaboration goes beyond payments, building AI-powered ecosystems to empower over a million merchants. Chirag Shah, Chairman and Director of MOS, emphasised the transformative role of combining MOS’s modular fintech infrastructure with DigiAsia’s reach.
As of 1:02 PM on September 8, 2025, MOS Utility share price is trading at ₹50.60, up by 2.85% from the previous closing price.
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DigiAsia Corp. is a leading Indonesian fintech platform that offers embedded finance, branchless banking, and digital payments with a mission to advance financial inclusion.
MOS Utility Limited is an Indian fintech innovator delivering digital payments, utilities, and financial services through a modular platform, enabling last-mile connectivity across India
The collaboration between MOS Utility and DigiAsia highlights the growing role of fintech in shaping access to financial services. By combining AI-powered tools with branchless banking, the companies are positioning themselves to tap into a $30 billion opportunity across India and Indonesia.
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Published on: Sep 8, 2025, 1:45 PM IST
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