Financial Services
Asia Pacific
SME/Startup
"AdaPundi also made the most of Alibaba Cloud's familiarity with the local Fintech industry to better manage its finance-related workloads on the cloud while remaining compliant."
About AdaPundi
AdaPundi is one of the largest online loan platforms in Indonesia. Its mission is to connect lenders with borrowers who are in need of cash funds or fast liquid cash loans that are safe and convenient, with a credit limit of up to 20,000,000 rupiah.
Its flagship app, AdaPundi-Pinjaman Uang Online, is widely used among Indonesian users and has clocked millions of downloads. AdaPundi has been officially licensed and supervised by the Financial Services Authority (OJK).
Its flagship app, AdaPundi-Pinjaman Uang Online, is widely used among Indonesian users and has clocked millions of downloads. AdaPundi has been officially licensed and supervised by the Financial Services Authority (OJK).
Challenge
Given the economic distress due to the COVID-19 pandemic, the demand for online loan services has increased rapidly in Indonesia. AdaPundi faced the technical challenge of handling the sudden surge in the number of users and daily transactions on its online loan app. It wanted a flexible cloud infrastructure that’s resilient as well as able to automatically scale the computing resources based on the volume of user requests. The main objective was to ensure higher uptime and a pleasant user experience.
Moreover, as a Fintech company, AdaPundi considers security as the key to long-term business growth and success. It was looking for a trusted Infrastructure-as-a-Service (IaaS) provider that could ensure strict regulatory compliance with the regional and international security standards.
Moreover, as a Fintech company, AdaPundi considers security as the key to long-term business growth and success. It was looking for a trusted Infrastructure-as-a-Service (IaaS) provider that could ensure strict regulatory compliance with the regional and international security standards.
Why Alibaba Cloud
AdaPundi relied on Alibaba Cloud to successfully deploy its systems, comply with the necessary data security and protection standards, and expand its business with minimal downtimes. The company benefitted greatly from Alibaba Cloud's strong presence in Indonesia, with three local data centers, to comply with local regulations in data management.
AdaPundi also made the most of Alibaba Cloud's familiarity with the Fintech industry to better manage its finance-related workloads on the cloud. By adopting tailored, secure, and cost-effective cloud solutions, AdaPundi managed to boost customer satisfaction with low latency and more scalability.
AdaPundi also made the most of Alibaba Cloud's familiarity with the Fintech industry to better manage its finance-related workloads on the cloud. By adopting tailored, secure, and cost-effective cloud solutions, AdaPundi managed to boost customer satisfaction with low latency and more scalability.
Architecture
Being a Fintech company, AdaPundi understood the vast benefits of setting up its solution on top of a cloud-native architecture. It deployed the core loan application using Alibaba Cloud IaaS offering, such as Elastic Compute Service (ECS) clusters and Server Load Balancer (SLB). This helped AdaPundi streamline its application operations and maintenance (O&M) by scaling computing resources up or down depending on the peaks and dips in the incoming traffic.
It further leveraged various cloud-native data storage solutions on Alibaba Cloud to efficiently manage the massive amount of user and transactional data and ensure high application availability. These included ApsaraDB RDS for PostgreSQL for database management and ApsaraDB Redis for caching.
Moreover, AdaPundi used Alibaba Cloud’s Log Service for real-time collection, consumption, shipping, search, and analysis of large amounts of log data, and Object Storage Service (OSS) to easily store and access the daily transactions and events. It also leveraged Alibaba Cloud’s powerful big data capabilities to support its users with more automated processes and better data-driven decision-making.
It further leveraged various cloud-native data storage solutions on Alibaba Cloud to efficiently manage the massive amount of user and transactional data and ensure high application availability. These included ApsaraDB RDS for PostgreSQL for database management and ApsaraDB Redis for caching.
Moreover, AdaPundi used Alibaba Cloud’s Log Service for real-time collection, consumption, shipping, search, and analysis of large amounts of log data, and Object Storage Service (OSS) to easily store and access the daily transactions and events. It also leveraged Alibaba Cloud’s powerful big data capabilities to support its users with more automated processes and better data-driven decision-making.
Notice: ApsaraDB for Redis and Tair have been merged and renamed to Tair (Redis® OSS-compatible) since September 2024.
Looking Forward
AdaPundi considers Alibaba Cloud a highly reliable and flexible partner in terms of the breadth of products and the level of technical expertise offered. Moreover, Alibaba Cloud offers cost-effective resource packages with flexible pricing options. AdaPundi hopes to continue working together with Alibaba Cloud for its future projects.
Featured Products
Elastic and secure virtual cloud servers to cater all your cloud hosting needs.
SLB distributes network traffic across groups of backend servers to improve the service capability and application availability.
An on-demand database hosting service for PostgreSQL with automated monitoring, backup and disaster recovery capabilities.
ApsaraDB for Redis retrieves data from the in-memory cache to support high-speed reads and writes.
Fully managed object storage service to store and access any amount of data from anywhere.
An all-in-one service for log-type data.
Other Related Stories
DOKU
DOKU is delighted to start its digital transformation journey with Alibaba Cloud to deliver greater value to its users and business partners.
Fliptech
Alibaba Cloud’s strong experience in FinTech helps support Flip.id deploy its workloads and expand its business quickly and smoothly.
Xendit
Alibaba Cloud's technology leadership in the fintech industry and its familiarity with the local market enabled Xendit to grow its business effortlessly.
Snapshot
AdaPundi leveraged Alibaba Cloud's offering to fast-track the growth of its financial services while staying in line with local security standards.
Product/Solution Used
View More Solutions
Related Whitepaper
The Alibaba Cloud 2021 Indonesia Financial Digital Transformation Whitepaper
This whitepaper is a complete guide for the digital transformation journey of financial institutions (FI) in Indonesia with Alibaba Cloud's financial services.
Download Now
A Free Trial That Lets You Build Big!
Start building with 50+ products and up to 12 months usage for Elastic Compute Service
Get Started for Free Get Started for Free