Jakarta, Indonesia – HyperVerge, a global leader in AI-powered identity verification, has partnered with Flip, one of Indonesia’s leading fintech group, to advance financial inclusion in Southeast Asia. This collaboration strengthens HyperVerge’s presence in the region and supports Flip’s mission to provide fair and accessible financial services.
Since its inception in 2015, Flip has helped over 15 million individual users and 1,000 businesses access financial services and improve their business transactions. HyperVerge’s cutting-edge liveness verification and fraud detection technology is enhancing Flip’s onboarding process, reducing turnaround times, preventing fraud such as deepfakes and image injection, and eliminating errors from manual verification.
“We are thrilled to partner with Flip, a key player in Indonesia’s fintech space,” said Praveen Kumar, Co-founder & ASEAN Head, HyperVerge. “Together, we aim to empower businesses and individuals through secure and efficient identity verification, driving financial inclusion across the country.”
Sourabh Gupta, Senior Vice President – Product & Design at Flip, shared, “At Flip, we are dedicated to delivering innovative and secure financial solutions for all. HyperVerge’s technology enables us to streamline onboarding, scale operations, and enhance the overall user experience.”
This partnership addresses critical challenges for Flip, including fraud prevention and operational efficiency, while building a strong foundation to serve underserved communities. It marks a significant step in HyperVerge’s strategy to expand across Southeast Asia’s rapidly growing fintech market.
About HyperVerge: HyperVerge provides AI-powered identity verification (KYC) and business verification (KYB) solutions for companies in BFSI, lending, fintech, gaming, and logistics, across 195+ countries and has verified over a billion identities to date.
About Flip:
Flip is a leading Indonesian fintech company founded in 2015. Starting with a revolutionary free interbank transfer service, Flip has grown into a comprehensive financial platform offering solutions for individuals and businesses. This includes a wide range of services such as bill payments, international remittances, and business solutions through Flip for Business. Backed by prominent investors like Tencent, Block, Inc., Peak XV, Insignia, and Insight Partners, Flip Group is committed to democratizing financial services through innovative technology, making them fairer and more accessible for everyone.