Bankware Global Signs Strategic MOU with MKP, a Salim Group Affiliate in Indonesia

Bankware Global has officially signed a Memorandum of Understanding (MOU) with PT Mitra Kasih Perkasa (MKP), an Indonesian IT and financial technology solutions provider affiliated with the Salim Group, marking a significant milestone in Bankware Global’s entry into the Indonesian financial services market.

As a recognized leader in Indonesia’s fintech ecosystem, MKP is widely trusted as a front-end banking solution by the country’s Top 3 mobile banking platforms. The company delivers high-performance, scalable digital interfaces that define modern mobile banking experiences, facilitating hundreds of millions of transactions every month. This long-standing trust underscores MKP’s role as a critical technology partner in Indonesia’s digital financial infrastructure.

Solidifying its position as a provider of high-end banking solutions, MKP collaborates with 16 leading financial institutions to deploy robust e-ticketing and e-payment ecosystems, enabling seamless transaction flows across transportation, tourism, and public services. Building on this foundation, MKP continues to expand its capabilities through the development of Bank-as-a-Service (BaaS) via its dedicated business unit, MKP Mobile, supporting modular, API-driven banking innovation designed to bridge the gap between traditional banking and modern digital demands.

Through this MOU, Bankware Global aims to establish a foundation for supplying its cloud-based core banking SaaS solution, BADA and CBP-based core banking software to Indonesian financial institutions via OEM or SaaS models.

Under the proposed business structure, MKP will be responsible for local business operations, including sales, marketing, and client engagement, while Bankware Global will oversee solution design, technical support, and system operations. The two companies plan to initially target small banks and credit unions, with a phased expansion to large regional banks over time.

This MOU is particularly significant as it represents the first concrete execution of Bankware Global’s overseas expansion strategy, which the company emphasized during its listing process. The two parties plan to establish a joint working group to further define contract structures and service models, while also reviewing broader expansion strategies for the Indonesian financial market.

A representative from Bankware Global stated, “This MOU has significantly lowered entry barriers related to culture, regulation, and sales in Indonesia,” adding, “By combining MKP’s customer base with our core banking technology, we will be able to deliver SaaS services optimized for financial institutions.” The representative further emphasized, “This collaboration will serve as a meaningful starting point for the full-scale expansion of our global business.