20/03/2026
SentBe has launched an international money transfer service for Indonesians residing in Korea through a strategic collaboration with Yourpay, an innovative financial platform in Indonesia.
Founded in 2020 under Your Capital Group Pte. Ltd., Yourpay is an innovative neobank building an integrated financial ecosystem covering payments, remittances, savings, and lending under the supervision of Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan; OJK). Guided by its vision of supporting the economic independence of families in rural Indonesia and Indonesians living abroad, the company has recently strengthened its financial service capabilities by acquiring a local rural bank (BPR), enabling it to offer services backed by stronger governance and consumer protection standards.
This collaboration was implemented by embedding SentBe’s advanced cross-border remittance infrastructure directly into the Yourpay app. As a result, Indonesian users residing in Korea can now instantly remit Korean won (KRW) into their own Yourpay wallet in Indonesian rupiah (IDR) within the Yourpay app, without needing to switch to a separate application.🌏💸
In particular, the two companies have enhanced customer convenience by establishing an account-linking system. Users who have already completed identity verification through the SentBe app can instantly apply for transfers on the Yourpay app without any additional procedures. Likewise, users who signed up through Yourpay can log in to the SentBe app using the same account and access remittance services.
Recognizing the active economic participation of Indonesian nationals in Korea, the two companies plan to strengthen their role as a broader financial bridge that goes beyond simple remittances. This embedded remittance service is expected not only to enable users to send income earned in Korea safely and quickly to a digital wallet in their home country, but also to provide a practical foundation for their families in Indonesia to more easily access formal financial services such as savings and loans using the funds they receive.
💡Find out more: https://www.newspim.com/news/view/20260319000233
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