CLPS expands regional footprint in Indonesia with launch of new fintech service

by

Azunta Gaviola

-

1 year ago

Hong Kong – CLPS Incorporation, a global information technology, consulting and solutions service provider, has expanded its presence with the launch of PT Ridik Fintech Services, a fully-owned subsidiary based in Jakarta, Indonesia.

Through the expansion, the company aims to accelerate its regional footprint in the Southeast Asia region and empower local enterprises with customised IT solutions while also promoting smart ecosystem advancements in the country.

Srustijeet Mishra, chief executive officer at CLPS SEA and USA, said, “We will capitalize on our existing global client relationships and our expertise in artificial intelligence, robotic process automation, big data, and cloud computing to accelerate the growth and penetration of the Indonesian market.”

“The establishment of Ridik Indonesia further enhances CLPS’s influence and competitiveness in the SEA region,” he further explained.

With Indonesia being the region’s largest economy, CLPS sees the country as a vital expansion opportunity.

In fact, the company’s localisation team is set to adapt to market needs, use local industry knowledge, and establish partnerships that connect global technology with Indonesia’s evolving business sector.

Raymond Lin, chief executive officer at CLPS, also added, “Southeast Asia remains a key growth driver for CLPS, with a 101.7% year-over-year revenue increase in the region during the first half of fiscal 2025. Ridik Indonesia is not only an expansion of our business operations but also a demonstration of our commitment to localising our international operations.”

“We are dedicated to empowering Indonesia’s digital transformation journey by investing in domestic talent, fostering cultural alignment, and collaborating with in-country partners,” ended Lin.

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