Editorial Team

Snapbizz, a leading retail digital solution provider in India has partnered with Boost, the fintech arm of Axiata Digital (the digital services arm of Axiata Group Berhad, one of the largest Telecom companies in Indonesia), to cater to the digital financial needs of numerous mom-and-pop stores (warungs) in Southeast Asia’s largest country, Indonesia.

Snapbizz helps convert traditional stores into smart stores , and to operate them more efficiently . It also helps in integration with the online world to both retain current customers and acquire new ones; and integration with all key stakeholders of the ecosystem for the supply of goods, money and promotions. Because of its holistic features, easy adoption and value propositions to the merchant and its ecosystem partners, Snapbizz has become more relevant during the pandemic by not only helping merchants survive but also helping them grow their business. .

Snapbizz has provided its solutions to thousands of stores in India and now is extending its solutions to the Indonesian retail sector. The solutions comprise of POS systems, procurement portal and invoice financing, that have been customised according to the specific needs of retail merchants in the Indonesian market. This will enable them to run their business more efficiently and generate higher revenue. By next year, Snapbizz plans to roll out its suite of digital financial solutions to other countries in Southeast Asia as well.

Mr. Prem Kumar, Founder and CEO of SnapBizz, says: “Small retail stores are the backbone of Indonesia’s growing retail economy and will benefit hugely from easy access to our customised suite of digital solutions. The partnership is testimony to our DNA of developing handcrafted technology for small merchants to achieve a suitable product market fit. This is an endorsement to our modular technology design and secure architecture that lends itself to be adapted to multiple use cases in a very agile and robust manner. We are also excited to be chosen by Boost as its business partner to create an embedded finance platform to drive inclusive growth & change through digitisation.”

Mr. Sheyantha Abeykoon, CEO of Boost says, “The partnership with Snapbizz is an important step in our long-term endeavor to promote financial inclusion across various levels of entrepreneurs in Indonesia and the region, and to ensure that merchants have easy access to digital tools so that they can leverage the deep benefits of digitalisation in their day-to-day operations.”

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