• PVBLIC Foundation

Creating a “people centric” public private partnership in Indonesia

Mobilizing innovative technology to address implementation of the Sustainable Development Goals


NEW YORK, USA, May 24, 2021. Throughout 2020 the PVBLIC Foundation teamed up with Kinesis, a revolutionary monetary system, to introduce a technologically enabled Public Private Partnership (PPP) model to deliver the government, businesses and citizens of Indonesia a nationwide digital payment mechanism. The project included a national integration of digital payment infrastructure to provide the country with a safer, cashless payment solution, directly mitigating the risk of COVID - 19 transmission.


The Kinesis model provides financial access to an underbanked-underprivileged population, enabling economic growth and addressing various Sustainable Development Goals (SDGs) and targets.

Payment modernization through technology:


Kinesis developed a strategic long term partnership with PT Pos, Indonesia’s state-owned postal service and the largest nonbank institution in Indonesia with over 70,000 employees operating from 24,000 service points.


Through the partnership with PT Pos, the payment and savings infrastructure will deliver a technologically driven value, efficiency, access and safety that improves the lives of Indonesian citizens and enhances the operations of the government. PVBLIC will provide the program management leadership, and serve as a strategic conduit to implement and advance multi-stakeholder SDG-related initiatives.


Benefits for Government / Operator:

  1. Provide important financial access to the unbanked and under banked citizens, currently existing outside of the economic system.

  2. Accumulate valuable data on a previously unmapped section of the population.

  3. Access a new, inexhaustible governmental income source .

  4. The citizens will receive a fair, low cost alternative to the current remittance provision monopolizing the region .

  5. A mass true, secure national wealth in a debt free currency, untethered from the instability of the US dollar and based on the stable value of gold.


Benefits to the Citizens:

  1. All citizens with a mobile phone and Internet access can access low cost , efficient financial services.

  2. One bank citizens once excluded from the financial system are now able to securely save funds for the future.

  3. Low-cost, instant, mobile cross border payments, free citizens from the extortionate fees and skewed exchange rates of leading remittance providers .

  4. Citizens are able to access low cost, cashless, digital payment solution through their mobile device, reducing the risk of Covid 19 transmission inessential everyday transactions

  5. The 6 million migrant workers across Malaysia, Saudi Arabia, United Arab Emirates and surrounding countries, can send their monthly remittance to Indonesia fairly.

Kinesis and PVBLIC Foundation have plans to extend the scope of public private partnerships in the region, guiding the government through integration of Kinesis technologies and the SDG Framework into transport, health care, insurance, waste management and utilities industries.


Upon successful delivery of fair cross-border payments services to citizens remitting across the Malaysia-Indonesia Corridor, Kinesis will facilitate PT Pos in an expansion of payment and savings services to their 70,000 employees and agents. Subsequently, Kinesis will integrate payment and savings services within the 24,000 postal service points, embracing the population into the Kinesis monetary system.


How does the project impact SDGs ?

1. Financial Access


Kinesis’ accessible, low-cost mobile financial services provide vital financial access to Indonesia’s unbanked community excluded from the financial system. The United Nations has established financial inclusion as a key enabler for achieving 6 of their 17 Sustainable Development Goals.


Every Indonesian citizen with a mobile phone and the internet, can open a free Kinesis account and access our valuable financial services. The empowerment of financial access has the potential to substantially increase the quality of life of Indonesian citizens and the economic growth of the nation.


2. Sustainable Development Goals


GOAL 1: End poverty in all its forms everywhere

1.4 “By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to... appropriate new technology and financial services, including microfinance.”

→ Kinesis provides the financially underserved people of Indonesia with financial access that allows them to lay the economic foundations of a future free from poverty.


GOAL 2: Zero Hunger

2.3 “By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists and fishers, including through… financial services.”

→ Kinesis provides Indonesian food producers with the financial services to support and develop local agriculture, working towards reducing hunger.


GOAL 5: Gender Equality

5.A “Undertake reforms to give women equal rights to economic resources, as well as access to… financial services”.

→ Kinesis payments and savings solutions aid economic empowerment of the women of Indonesia, through the security and independence of financial sovereignty.

GOAL 8: Decent work and Economic

8.3 Promote “decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.”

→ The economic freedom and stability of Kinesis financial technology will expand the opportunities for businesses of all sizes.


GOAL 9: Industry, Innovation and Infrastructure

9.A “Facilitate sustainable and resilient infrastructure development in developing countries through enhanced financial, technological and technical support”.

→ Kinesis robust financial infrastructure provides financial services to all, regardless of their location or financial status.


GOAL 10: Reduce Inequalities

10.2 “By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status”

→ Kinesis payments and savings solutions are driving economic inclusion of every single citizen of Indonesia, without exception.


3. Ethical Remittance:


Kinesis provides a fair, low-cost cross-border payment alternative to the current remittance provision, which deprives Indonesian communities of millions of dollars annually. UN research shows the remittance reaching developing countries is a significant factor in achieving 10 of the 17 SDGs, which include Goal 1, 2, 3, 4, 5, 7, 8, 10, 12 and 13.


4. Impact:


The financial empowerment of Kinesis payments and savings solutions and the value of Kinesis remittance provision will be felt at every level of Indonesian society.


Across Indonesia, previously unbanked citizens equipped with the financial tools of Kinesis solutions will begin to carve out a better life for themselves and their families. The option to save funds securely, allowing them to think beyond the struggles of the present, build towards a brighter future, while preparing for life’s uncertainties.


As the value of Kinesis cross-border payments replaces costly remittance providers, additional wealth will flow into the Indonesian economy, through citizens purchasing essentials and investing in wealth creation activities. Over time, Indonesia will experience a rise in living standards and an inclusive, sustained economic growth, which betters every member of society.


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