PrivyID

Company
Overview
About PrivyID
About PrivyID

Our Investors:

Acknowledgment and Certifications:

Kementerian Komunikasi
Ditjen DukcapilKemendagri
dan Informatika(KOMINFO)
About PrivyID
About PrivyID

Our Team:

Marshall Pribadi Guritno Adi Saputro Krishna Chandra Hanung P.Semiartedy Johan Andreas
CEO & Founder CTO & Co-Founder CIO CMO EVP Project
Forbes Asia’s 30 Under Seasoned software Ex-hacker with CISSP Result-driven executive Experienced FnB
30 honoree and developer. Heavily involvedin certification. Prior to PrivyID, with 20+ years of entrepreneur. HelpedPrivyID
Endeavor Entrepreneur. building solutions for Krishna was a product experience. Previously achieved 1.1 million of
Received Australia Telkomsel, Blackberry, & XL manager in one of the oldest worked in IBM, Coca- individual users and 53
Award short-term Axiata. payment gatewaycompanies Cola, and Via.com enterprise clients within its
scholarship in 2018. in Indonesia. first year.
Awards & Acknowledgement

Featured at:

PrivyID is the first startup acknowledged by PrivyID ensures that users cannot replicate PrivyID develops electronic
KOMINFO to provide digital identity and legally- their signatures by having each signature identity verification technologythat
binding digital signature services. PrivyID’s backed by a digital certificate facilitated by works across platforms, making
partnership with Ditdukcapil also allows themto an asymmetric cryptography andpublic key PrivyID especially relevant for
verify registrant’s biometric data using facial infrastructure. businesses who process a lot of
recognition algorithm. digital transactions.

Awards:
Problem
The majority of
Indonesia’s
270 million of 171 M 103 M
population are connected to internet
(APJII, 2019)
are smartphone owners
(APJII, 2019)

are connected
to internet.

Indonesia’s internet economy is expected to reach $130B in value by 2025, and yet…

25% only 26% only 5%

have experienced fraud have access to formal financial have used digitized
(Experian, 2018) institutions financial services
(World Bank, 2014) (McKinsey Indonesia,2019)
Solution
Our Products

PrivyID
Certified electronic signature
platform that is as legally-bindingas
handwritten signature. Accessible
from
web, Android, and iOS.
Our Products

Enterprise Dashboard
Available on web, iOS, and
Android. Manageyour end to end
document signing and access
control from a singleplatform.
Features include serial/paralel
sequence, timer, reminder, audit
trail, in-app chat, and customized
templates.
Our Products

Privy Login
Privy Login enables you to use a
single digital credential
recognized by major financial
institutions. Say goodbye to
filling tedious registration forms
repetitively.
How We Work
How Digital Signature Works: Asymmetric Cryptography with Public Key Infrastructure

Hash
algorithm

Plain Text

{
✓ No changes to document has
Hash
been made when hash values
+ are equal

Encryptwith
Digital Certificate ✓ Signature is valid when
with Public Key ciphertext can bedecrypted
with public key

Digitally Signed CIPHER TEXT

Document
Plain text is hashedwith
certificate’s algorithm

Ciphertext is
decrypted with:

network Digitally Signed

Document
How Digital Signature Works: Asymmetric Cryptography with Public Key Infrastructure
Our Impact
 PrivyID Impacts

Environment Business Financial Inclusion Cybersecurity

Problem: Problem: Problem: Problem:
• On average, an Indonesian is using A top multi-finance company has to • Only 55% of Indonesiacitizens have • In Indonesia, 35% ofe-commerce
32.6kg of paper each year1 spend Rp 1.2 billion every monthto access to financial services3 transactions are fraudulent5
• Over 15 billion trees are cutdown print, store, and send 20.000 • Large number of population &wide • More than a third Indonesiansdon’t
each year2 documents. geographical distribution makes trust online shops6
customer due diligence process
Solution: difficult to conduct. Solution:
Solution:
By using PrivyID that only costs This high rate of fraud is attested by one
Going paperless helps reducecarbon IDR 3,500 per signed document,this Solution: of PrivyID’s clients. Luckily,PrivyID’s
emission and halt deforestation. In company has successfully achieved: By signing loan agreements unique digital identity system is able to
2019 alone,
electronically, PrivyID has helped oneof verify somebody is who he claims to be

319,000 99% its fintech clients to disburse on the internet.Result:

100 years
documents are signed Cost reduction IDR 70billion
Time needed to hackPrivyID’s
electronically with PrivyID microloans to small-medium
per month. encryption
enterprises across Indonesia4

1 - Asosiasi Pulp dan Kertas Indonesia. 2016. Opportunities and challenges of Indonesian pulp and paper industry. http://www.pptgroup.se/wp-content/uploads/2016/02/Indonesian-Pulp-and-Paper-Industry-APKI-1.pdf 2 - 5 - Maple, Tracy. 2015. A global e-commerce fraud report ranks Indonesia as the riskiest for U.S. e-retailers. https://www.digitalcommerce360.com/2015/05/20/global-e-commerce-fraud-report-ranks-indonesia-riskiest/ 6
T.W. Crowther, et al. 2015. Mapping tree density at global scale. https://www.nature.com/articles/nature14967 - Freischlad, Nadine . 2017. Ecommerce still falls behind expectations in Indonesia. New report explores why. https://www.techinasia.com/macquarie-indonesia-ecommerce-2017-report
3 - Situmorang, Anggun P. 2018. BI ungkap penyebab inklusi keuangan Indonesia lambat. https://www.merdeka.com/uang/bi-ungkap-penyebab-inklusi-keuangan-indonesia-tumbuh-lambat.html 4 -
Ryza, Prayogo. 2018. KlikACC hadirkan layanan P2P lending dengan konsep kemitraan. https://dailysocial.id/post/klikacc-p2p-lending

www.privy.id
Case Studies

Clients Without PrivyID With PrivyID

• 100 documents processed eachday • 500 Documents processed eachday

• 2days of processing time per document • Reduced process time to 2hours
• 108field officers that print and distribute paper • 100% paperless
documents • Regulatory-compliant e-KYC to womenpreneurs in
remote areas

Processing internal documents to 6,000 employees on 120 • 100 documents digitally-signed every month
locations in 46 cities acrossIndonesia • Eliminate 2,000 pages of paper waste everymonth

• 3-7 working days • -98% reduced registration time to max. 4hours

• 98% drop rate • -20% of rop rate to70%
• 7 applications processed within aday • +186% more applications processed to
20 applications processed everyday

• 2,700 employees whoare working in 67 office • 350 branch managers, regional managers, department
branches in 62 cities across Indonesia had to heads, and deputy directors from headquarter and all
office branches can sign documents anytime,anywhere
sign, store, and send their internal documents
• 2,000 documents are digitally signed with PrivyIDevery
manually month
Thank you
helpdesk@privy.id

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