MilikiRumah Breaks Barriers With World’s First AI-Powered Credit Intelligence SaaS in PropTech

• MilikiRumah’s AI-powered SaaS stack is currently made up of two components for its B2B2C end-users:
• VERO: Instant credit history verification
• TASYA: AI-powered smart customer profiling tool
• MilikiRumah has recorded exceptional usage traction – delivering financial and operational milestones across Indonesia.

MilikiRumah (“MilikiRumah”, “the Company”), operator of the world’s maiden artificial intelligence (“AI”)-powered software as a service (“SaaS”) credit intelligence and mortgage readiness tool and the first rent-to-own program, today announced the Company has delivered a raft of landmark performance milestones for its revolutionary SaaS solution specifically tailored for business-to-business-to-consumer (“B2B2C”) end-users.

In setting groundbreaking benchmarks in the PropTech space, Winston Lee (“Winston”), co-founder and chief executive officer of MilikiRumah states: “MilikiRumah cements its position as the world’s leading social inclusivity for good PropTech company; backed by our revolutionary technology capability – the likes of which have never been seen before.”

Adds Winston: “With real estate developers (“real estate developers”, “developers”) and their cohort of would-be homebuyers, as our valued B2B2C end-users, recording exponential growth in token usage of our proprietary SaaS solution, MilikiRumah is already demonstrating rapid scalability and clear categorical leadership in the PropTech sector; underpinned by the Company’s proven set of financial and operational results.”

FINANCIAL AND OPERATIONAL MILESTONES

• Real estate developer onboarding: 151 projects across 73 developers
• Sales orders: 48% average month-on-month growth; peak 159% in a single month
• Usage: 117% average monthly growth; peak 362% in a single month
• B2B2C end-user retention: 98% since October 2025
• Big data: 37,509 home-seeker data points collected, doubling from Feb 2026

SOLVING A MULTI-BILLION DOLLAR INEFFICIENCY

Indonesia's property sector faces a structural conversion problem: 50 to 70 per cent of leads fail bank eligibility checks, while manual credit history checking processes take up to 14 days!

Consequently, this legacy system results in significant wasted advertising expenditure, inefficient sales cycles, and foregone real estate developer revenue measured in the billions of rupiah each month. MilikiRumah's integrated B2B2C SaaS solution directly addresses this inefficiency by converting uncertain leads into verified, ready-to-buy homeowners – faster, more accurately, and at scale. MilikiRumah's B2B2C SaaS tool is currently available in Indonesia; with a planned expansion pipeline across the broader East Asia region.

“By combining AI-driven credit intelligence with real-time data integration, we are enabling faster, more accurate decisions, unlocking new opportunities for businesses and aspiring homeowners alike – and establishing a strong commercial baseline from a standing start,” according to Prasma Anindita (“Pras”), MilikiRumah’s director of technology.

"Simultaneously, we have rapidly scaled our proprietary data advantage, doubling our dataset of verified home seeker profiles sourced directly from banks and developers. This continuously strengthens MilikiRumah's AI engine and big data repository, reinforcing our barriers to entry and reflecting a rare product competency and mission-critical adoption among our end-users. Developer satisfaction and deep product adoption remain at their highest levels – and we are only just getting started," comments Pras.

UNLOCKING A MASSIVE UNDERSERVED MARKET

• DBS Bank: 96–97.7 million adults unbanked (~48% of adult population)
• Yusof Ishak Institute: 80% of Indonesia’s 275 million population unbanked/underbanked
• Housing backlog: 15 million units as of April 2025

Beyond B2B2C SaaS monetization, MilikiRumah is uniquely positioned to capture value from Indonesia’s large underbanked population and housing backlog; and the metrics are staggering:

According to Singapore multinational banking and financial services corporation DBS Bank Limited: “Indonesia has one of the world's largest unbanked populations, estimated at roughly 96–97.7 million adults, representing about 48 per cent of the adult population. While financial inclusion is rising, many in rural areas remain underserved, fuelling a rapid shift toward fintech and digital banking to reach these individuals,” – source: https://www.dbs.com/newsroom/Indonesia_Has_the_Fourth_Largest_Unbanked_Population_in_the_World_Heres_How_Bank_DBS_Indonesia_Promotes_Financial_Inclusion

In a far more seismic data point reported by Yusof Ishak Institute, and formerly Institute of Southeast Asian Studies which was established as an autonomous organisation by an Act of Parliament in 1968: “About 80 per cent of Indonesia’s 275 million population are unbanked and underbanked.” – source: https://www.iseas.edu.sg/iseas-perspective/2023-78-the-digital-transformation-of-indonesias-banking-sector-current-trends-and-future-prospects-by-manggi-habir-and-siwage-dharma-negara/ via a presentation by Tigor Siahaan, President Director of Superbank.

See: https://www.iseas.edu.sg/mecevents/digital-trends-altering-indonesias-banking-landscape/

Indonesia’s housing backlog has risen and as reported by Indonesia’s foremost leading English language national daily: “Indonesia's housing backlog has risen to approximately 15 million units as of April 2025, driven by population growth and low ownership rates, particularly affecting low-income workers.” – source: https://www.thejakartapost.com/business/2025/04/23/indonesias-housing-backlog-rises-to-15-million-this-year-deputy-minister.html

A SCALABLE SAAS INFRASTRUCTURE

• AI-generated credit intelligence
• Real-time data integration
• Conversion optimisation
• Continuous feedback loops

MilikiRumah's highly scalable SaaS model is architected around four core capabilities: proprietary AI-generated credit intelligence and mortgage readiness infrastructure, real-time data integration sourced directly from real estate developers and banks, conversion optimisation, and continuous feedback loops that progressively strengthen the platform's predictive accuracy over time.

This infrastructure enables real estate developers and banks to identify mortgage-ready buyers at the point of enquiry – eliminating wasted sales effort on unqualified leads, reducing mortgage rejection rates and unit hold-ups through early eligibility assessment, and accelerating the booking-to-closing cycle with data-driven property and payment scheme recommendations. Developer partners have reported booking uplifts of approximately 50 per cent as a direct result of platform adoption attributed to the exponential spike in homebuyer confidence after being assessed by MilikiRumah’s B2B2C SaaS tool.

360° HOMEBUYER PROFILE

At the core of MilikiRumah's platform is a unified customer intelligence layer that combines transaction data, credit history, behavioural signals, and predictive modelling into a single, actionable 360° homebuyer profile. This integration enables developers to assess each prospective buyer's needs, risk profile, and instalment capacity with a depth and accuracy previously unavailable in all of Indonesia and across the globe.

Powered by AI and machine learning, the platform generates precise estimates of eligibility for mortgage loans of consumers of real estate developers, instalment obligations, repayment capacity, and income range – translating raw data into smart, reliable recommendations for the most suitable residential units, payment schemes and homeownership pathways for each individual buyer. The result is faster sales closing for the developer, higher contract success rates, and materially improved customer experience throughout the sales process.

MILIKIRUMAH’S AI-POWERED B2B2C SAAS STACK

• VERO – INSTANT CREDIT HISTORY VERIFICATION:
• VERO is MilikiRumah's proprietary credit history checking and verification engine, delivering a complete Bank Indonesia ("BI") eligibility assessment in as little as five seconds!
• For developers, the commercial impact is direct and measurable: VERO enables the identification and selection of mortgage-ready buyers from the very first point of contact, materially reducing mortgage rejection rates, minimising stalled unit inventory, and accelerating both the sales process and booking decisions. 
• By filtering out ineligible prospects early, sales teams are freed to focus their time and resources exclusively on qualified buyers – reducing customer acquisition costs and improving overall conversion rates.
• VERO's core capabilities include real-time BI and bank data integration, precise credit risk identification, and faster, more certain closing outcomes – compressing what was previously a multi-day administrative process in a matter of seconds.
• TASYA: AI-powered SMART CUSTOMER PROFILING 
• TASYA is MilikiRumah's proprietary AI sales advisor and predictive profiling engine. 
• MilikiRumah's platform delivers quantifiable improvements across the credit assessment and sales conversion lifecycle. DBR analysis – previously requiring 14 days via traditional channels – is now performed instantly, reducing processing time of more than 90 per cent. 
• Through the instant calculation of a prospective buyer's DBR via direct application programming interface integrating, TASYA delivers comprehensive consumer profiles in real time – drawing on consumer personal statements, income prediction modelling, and data integration across multiple sources to determine instalment capacity with precision.
• For Indonesia’s residential real estate developers and MilikiRumah’s B2B2C end-users, TASYA translates this intelligence into direct commercial outcomes. 
• By recommending payment schemes calibrated to each buyer's instalment ability, TASYA increases the probability of contract approval; and focuses the sales journey on ready- and financially-capable customers, and supports more confident, data-driven decisions at every stage of the sales process.
• Beyond its individual capabilities, TASYA functions as a predictive segmentation tool: matching would-be homebuyers to optimally suitable residential units and financing options offered by Indonesia's retail banks, based on AI-driven analysis of income, instalment capacity, and consumer behaviour.
• "By harnessing the power of VERO and TASYA, B2B2C end-users translate that capability into lower customer acquisition costs, higher inventory turnover, and improved revenue realisation," says Prasma. "With strong early traction, high retention, and accelerating usage, MilikiRumah is building a defensible, data-rich infrastructure – swiftly becoming the go-to trusted tool for property transaction qualification in emerging markets."

REAL ESTATE DEVELOPER TESTIMONIALS

• The presence of MilikiRumah has significantly improved our business processes. MilikiRumah is invaluable for business owners who prioritise speed,” – Angga Budi Kusuma, President Director, Pesona Kahuripan Group.
• “We can directly check all prospects using MilikiRumah. The business process is more streamlined and accelerated, increasing bookings by around 50 per cent,” – Anton Suwandi, President Director, Citanusa Group.
• “Harmony Land Group manages several projects simultaneously. Bogor Green Resort, which has used MilikiRumah, appears more responsive and ultimately closes faster,” – Fithor Muhammad, chief executive officer, Harmony Land Group.
• “Prospective buyers who visit can immediately request a deposit, increasing conversion rates twofold,” – Michael J. Pratama, sales section head, Akasa Pure Living BSD. 

MILIKIRUMAH’S OTHER WORLD-FIRST: RENT-TO-OWN PROGRAM

For consumers who do not currently qualify for a conventional bank mortgage, MilikiRumah’s world-first AI-powered Rent-to-Own programme provides a structured, personalised 12-month pathway to build payment track records, financial literacy, and credit profiles – graduating participants to become bankable, mortgage-ready homeowners. 

• LinkedIn (CEO Winston Lee): https://www.linkedin.com/in/winston-lee-a2107126/
• LinkedIn (Finance Director Lau Xin Yuan): https://www.linkedin.com/in/lauxinyuan/
• Corporate Facebook: https://www.facebook.com/profile.php?id=61574959116140
• Corporate Instagram: https://www.instagram.com/milikirumah_com/
• Corporate LinkedIn: https://www.linkedin.com/company/milikirumah-rightkey-capital-pte-ltd/
• Corporate TikTok: https://www.tiktok.com/@milikirumah_com
• Website: https://www.milikirumah.com/en

LEADERSHIP

• Winston Lee, Co-founder & CEO – Award-winning entrepreneur, former PropertyGuru executive, pioneered AI-powered rent-to-own and credit intelligence SaaS.
• Lau Xin Yuan, Co-founder & Finance Director – Oversees finance, investor acquisition, fundraising; founder of Digiboost Marketing.
• Faizal Abdullah, Chief Commercial Officer – 26+ years leadership, ex-Rumah123 SVP, ex-KOCO Indonesia CEO.
• Prasma Anindita, Technology Director – MSc Computer Science, Utrecht University; seasoned developer, serial entrepreneur.

Bain Capital Tech Opportunities to Invest in Finova and Acquire Iress' Uk MSO Software Business for $108.6 Mn

Bain Capital Tech Opportunities, the growth investing arm of Bain Capital, agreed to a majority investment in Finova and to acquire Iress' UK Mortgage Sales and Originations software business (“MSO”), for £85 million (€99.4 million; $108.6 million). Bain Capital expects to offer a fuller set of products by combining these two investments.

Bain Capital Tech Opportunities is the growth investing arm of Bain Capital, which focuses on companies in large, growing end markets with innovative or disruptive technology. The fund invests in application software, fintech and payments, healthcare IT, and infrastructure and security.

finova, based in London, provides a comprehensive suite of modular, open-architecture SaaS-based originations and servicing solutions to help the full spectrum of specialist lenders, equity release lenders, savings institutions, and brokers manage key workflows. Its software enables customers to efficiently manage their pricing and decisioning, underwriting, application processing, and servicing of loans. MSO, based in Cheltenham, is a leading provider specialising in residential mortgage and buy-to-let origination software to banks and building societies in the U.K. since 2014.

The mortgage market is becoming faster paced and more complex, increasing the need for more sophisticated software tools such as personalised pricing. These combined businesses will be well positioned to meet the demand for more advanced software. Customers will also benefit from a broader software suite that supports a wider range of financial products.

“We are excited to back a compelling combination of robust platforms with complementary product suites and customer bases,” said James Stevens, a Managing Director of Bain Capital Tech Opportunities in London. “The combined scale of these two businesses will allow us to offer more competitive and innovative products in a dynamic market, ultimately bringing more choice to consumers across the country.”

Paraag Davé, Executive Chairman of finova, said: “Bain Capital’s investment in each business will strengthen and invest in the capabilities of both platforms and help deliver increased value to our customers. We are thrilled to blend finova’s SaaS expertise in complex solutions such as pricing, decisioning, specialist lending, savings, and loan servicing with MSO’s leadership in residential mortgage originations.”

Andrew Simon, MSO CEO, said: “This is the ideal outcome for our business and our customers. Bain Capital is fully committed to investing in MSO to ensure our customers continue to benefit from software that is amongst the best in the market. Through the combined business, we're looking forward to bringing a broader set of innovative products to market.”

About Bain Capital Tech Opportunities

Bain Capital Tech Opportunities (www.baincapitaltechopportunities.com) aims to help growing technology companies reach their full potential. We focus on companies in large, growing end markets with innovative or disruptive technology where we believe we can support transformational growth. Our dedicated, tenured team has deep experience supporting growing technology businesses—bringing together differentiated backgrounds in private and public equity investing as well as technology operating roles. We invest behind fundamental long-term tailwinds as technology penetrates across industries, creating a large and growing number of investment opportunities.

About finova

finova is a London-based software firm that provides a comprehensive suite of modular, SaaS based open-architecture software to help lenders and brokers in the Mortgage, Lending and Savings sectors. https://www.finova.tech

About Iress

Iress (IRE.ASX) is a technology company providing software to the financial services industry.

The company provides software and services for trading & market data, financial advice, investment management, mortgages, superannuation, life & pensions and data intelligence.

Iress's software is used by more than 10,000 businesses and 500,000 users globally. We have over 2,000 people based in Asia-Pacific, North America, Africa, the UK and Europe.

This transaction is subject to customary approvals.

Infosys and Better Launch An AI-driven Digital Mortgage White-Labelled Platform for Banks & Credit Unions

Infosys and Better collaborate to offer Mortgage as a Service

An integrated technology & operations white-labelled AI-driven platform to help banks and credit unions provide their customers seamless digital mortgage and home equity loan experiences

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a collaboration with Better Home & Finance Holding Company (NASDAQ:BETR, BETRW), a leading digital-first homeownership company, to launch Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labelled platform.

By adopting Infosys-Better white-labelled MaaS, organizations can revolutionize their mortgage operations. Better’s proprietary digital technology is an end-to-end platform including point of sale, pricing, underwriting, loan origination, closing, funding and investor sale - built to be cloud-native. Better has already funded over $100 billion in fully digital loans for the industry, and their status as an industry leader is reflected in their client Ally’s ranking as the #1 Digital Mortgage Platform by J.D. Power. Infosys is one of the world’s largest digital service providers to mortgage firms helping them to strengthen their technology and operations. With its digital-first, cloud-first and AI-first approach, Infosys is best equipped to help its clients to reap the advantages of Mortgage as a Service faster.

“Our strategic collaboration with Better helps us deliver best-in-class digital mortgage services to our customers in a highly innovative, scalable and cost-efficient manner,” said Glenn Brunker, Head of Ally Home, a top-rated national digital lender who has collaborated with Better since 2019. “Leveraging Better’s digital platform has also helped us limit operational volatility as the mortgage industry continues to evolve in the current interest rate environment.”

Henry Cason, CEO, Finlocker, said, “Infosys has deep expertise in the mortgage process and delivering large and complex programs for us while reducing transformation risks. This Mortgage as a Service solution, along with Infosys’ expertise, has the potential to help firms embrace a more efficient digital and automated approach to running business operations.”

Dennis Gada, EVP and Global Head – Financial Services, Infosys, said, “Infosys is a global leader in lending and mortgages. Through our AI-driven operations, we help clients originate loans at significantly lower costs than the industry average. Infosys and Better offer Mortgage as a Service that will allow us to bring to our clients integrated operations and technology with significant productivity benefits.”

Vishal Garg, CEO & Founder, Better, said, “In a market saturated with legacy products that inhibit digital transformation and lead to great inefficiencies and high costs, Infosys and Better offer increased multi-fold mortgage originations at unprecedented speed.”

About Better

Since 2017, Better has leveraged its industry-leading technology platform, Tinman™, to fund more than $100 billion in mortgage volume. Tinman™ allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates and close their loan in as little as three weeks. Better’s mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage loans.

Better launched its “One-Day Mortgage” program in January 2023, which allows eligible customers to “go from click to Commitment Letter” all within 24 hours. From 2019-2022, Better completed approximately $98 billion in mortgage volume and $39 billion in coverage written through its insurance arm, Better Cover. Better was named Best Online Mortgage Lender by Forbes and Best Mortgage Lender for Affordability by WSJ in 2023, and ranked #1 on LinkedIn’s Top Startups List for 2021 and 2020, #1 on Fortune’s Best Small and Medium Workplaces in New York, #15 on CNBC’s Disruptor 50 2020 list, and was listed on Forbes FinTech 50 for 2020. Better serves customers in all 50 US states and the United Kingdom.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.