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Dok/Flip Group
Start Free Transfers, Flip Saves 5 Trillion Rupiah For 15 Million Indonesians
Friday, 10 Jan 2025
Flip, a leading digital financial service platform in Indonesia, recently celebrated its 9th anniversary. Since its establishment in 2015, Flip has experienced rapid growth, especially after launching its mobile app and innovative features like Flip Globe for international remittances and Flip for Business for payment solutions.
In the past four years, Flip has helped the Indonesian community save over 5 trillion rupiah through its transfer services, which include low-cost bank transfers and remittances. This success is reflected in a nearly 30-fold increase in transactions over the last five years, along with a 15-fold rise in revenue during the same period. This indicates a strong adoption and trust in Flip's services.
Rafi Putra Arriyan, Co-Founder of Flip, stated, “Nine years ago, Flip was created with the goal of providing fair financial services to all Indonesians. Today, we are proud to have assisted over 15 million users, including hundreds of thousands of SMEs, in saving money and achieving their financial goals. Moving forward, Flip is committed to expanding its services and building a sustainable business that supports the community in transactions and financial management.”
To celebrate its 9th anniversary, the founders of Flip visited several loyal users who have been with the platform since its inception. The visits, shared in a video on Flip's social media accounts, highlighted how Flip has helped users save money. One of the users, Ibu Anda, a housewife, shared that she has saved nearly 10 million rupiah through the Flip app by making free transfers to multiple bank accounts.
On various social media platforms, loyal Flip users have been sharing their savings stories. One such user, Andi, reported saving over 40 million rupiah after five years of using Flip.
Additionally, @vinda.mr, a Flip user who runs a household goods business, shared that Flip makes her business transactions easier, boosts efficiency, and helps increase profits. "In this cashless era, Flip is very helpful because there are no admin fees, transfers are quick, and my sales profits are not heavily reduced," she commented on Flip's social media post.
"Flip will continue to innovate and contribute to financial literacy and inclusion in Indonesia, so more people can access fair, easy, and affordable financial services. With Flip, anyone can enjoy the convenience and security of transactions, from free transfers, bill payments, purchasing credit, to sending money abroad, all easily, safely, and affordably," Rafi concluded.
