Jakarta: Stealien is currently doing their Market expansion with their Indonesian counterpart, Steal Alien Indonesia. For this market expansion they have recently just signed with Indonesian Financial Company Adira Finance.
Adira Finance is a financial company that mainly provides automobile finance and leasing services and is the No. 1 multi-finance company in Indonesia. Up until last March, their application has reached a cumulative download of more than 5 million downloads, with more than 2,7 million active users. The contract is to supply Stealien’s representative product from their Appsuit series for a Mobile application security solution “Appsuit Premium”. The contract plan is to supply Appsuit to 10 Apps and 12 OS’s belonging to Adira Finance.
Appsuit Premium is an integrated mobile application security solution, that provides all the necessary security functions such as forgery prevention, source code obfuscation and encryption, with Appsuit Premium Stealien plans to protect mobile applications from cyberattacks and prevent any leakage of user’s personal information.
Previously Stealien has already provided Appsuit to multiple major financial institutions, such as Shinhan Bank Indonesia, Line Bank Indonesia, SBJ of Japan, and UI Bank, and has even signed a business agreement (MOU) with Bandung City, Indonesia to provide security consulting. Last year, a hacking defense competition was even held successfully in Jakarta, Indonesia. Which has proven that Appsuit is secure and stable Stealien hopes that this contract can open more opportunities to expand their influence on the market within Indonesia.
The Head of Stealien Indonesia, Hong Hyuk-jae, stated “The ASEAN Region, including Indonesia is a part of an emerging security market. With this supply contract as a steppingstone, we can actively pioneer new sales channels and achieve continuous sales growth”.
About STEALIEN
“A company that conveniently provides cutting-edge technology”
Stealien is a cybersecurity company comprised of world-class hackers. Winner of domestic and international hacking contests, Presidential and Ministerial Awards, discovery of numerous global SW vulnerabilities, 2023 ‘AppSuit v3.0’ GS certification grade 1 acquired, Information Security Management System ‘ISO 27001’ certification acquired, Korea Information and Communications Promotion Association‘SW High Growth’ Selected as 'Company' for the 2nd year, selected as 'High- Growth Company in the Asia-Pacific Region' by the UK FT for two consecutive years, selected as 'Excellent Venture Company' by the Venture Business Association in the 2022 job category, selected as a youth-friendly small business, selected as the 2021 ExcellentEnterprise Research Institute, and excellent information protection product.
We have been consistently recognized for our excellence, including selection as a Hi-Seoul certified company in 2020, selection as a 2019 Inno-Biz technology-innovative small and medium-sized business, selection as a small but strong business hosted by the Ministry of Employment and Labor in 2018, selection as an excellent venture company in 2017, and selection as security startup of the year in 2016. Main businesses include mobile app security solution AppSuit, advanced security consulting by hackers, cybersecurity R&D, and cyber hacking training system (Cyber Drill System). Stealien official website: www.stealien.com
About Adira Finance
PT Adira Dinamika Multi Finance, Tbk. (Adira Finance) was founded in 1990, initially operated as a car financing company, and later in 1997 expanded to motorcycle financing. In 2004, Adira Finance has listed shares in the Jakarta Stock Exchange (currently Indonesia Stock Exchange) and was later acquired by PT Bank Danamon Indonesia (Bank Danamon). Today, Bank Danamon’s ownership in the Company is 92.07%. As a subsidiary of Bank Danamon, Adira Finance is part of the MUFG Group, which is one of the largest banks in the world.
Adira Finance has become a leading Company in the financing sector that serves variety of brands and products. The Company provides financial solutions in accordance with the consumers life cycle, from multi-purpose financing, durable goods financing (e-bike), automotive financing, heavy equipment financing to Umrah financing with 471 business networks which consist of branch offices and representative office throughout Indonesia. For real-time, easy, safe, and comfortable transaction experience, Adira Finance provides digital consumer service app Adiraku.
Currently, Adira Finance holds idAAA Rating from PEFINDO, and international credit rating of BBB from Fitch and Baa1 from Moodys. The BBB rating from Fitch is an investment grade rating which is equivalent with the sovereign rating of Indonesia while Baa1 rating from Moody’s is higher than Indonesia’s sovereign rating. Adira Finance serves 2 million active consumers throughout Indonesia with total managed receivables of Rp55.7 trillion as of 2023. For details, visit www.adira.co.id.
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