, Indonesia’s largest credit bureau, has expanded its data partnership with PT XLSMART Telecom Sejahtera Tbk (XLSMART).){kind=link}
PT Credit Bureau Indonesia (CBI), Indonesia’s largest credit bureau, has expanded its data partnership with PT XLSMART Telecom Sejahtera Tbk (XLSMART), strengthening a collaboration that began in 2022 and aims to support broader financial inclusion across the country.
Under the expanded partnership, XLSMART will contribute insights derived from its nationwide mobile network to enhance CBI’s Bureau Telco Score, a credit scoring solution that combines telecommunications behaviour with traditional credit data. The additional data is expected to help financial institutions assess risk more accurately, particularly among first-time borrowers, MSMEs, and individuals with limited credit histories.
By incorporating telco-based insights, lenders can gain a more complete picture of prospective borrowers and extend credit more responsibly to underserved communities, including those in rural areas and the informal economy.
The collaboration brings together XLSMART’s extensive network reach and customer base across XL, AXIS, and Smartfren with CBI’s credit data capabilities. Together, the companies aim to help financial institutions expand lending while maintaining healthy portfolio quality.
Already available to financial institutions, Bureau Telco Score is designed to help lenders evaluate applicants who may not have sufficient traditional credit records, reduce the risk of early defaults, and support sustainable lending growth.
“This expanded partnership reflects XLSMART’s commitment to advancing Indonesia’s digital and financial inclusion agenda,” said Andrijanto Muljono, Director & Chief Enterprise Strategic Relationship Officer of XLSMART. “We believe connectivity can create value beyond communication services, helping to support more inclusive digital solutions for Indonesia’s growing digital economy.”
Anton Adiwibowo, President Director of CBI, said the collaboration demonstrates how responsible data partnerships can improve access to financial services. “By combining XLSMART’s nationwide reach with CBI’s credit bureau capabilities, we can help financial institutions make faster and more informed lending decisions, especially for communities that have historically been underserved.”
The partnership comes as demand grows for more comprehensive and real-time credit information in Indonesia’s rapidly expanding digital economy.
