PT Wahana Ottomitra Multiartha Tbk (WOM Finance) operates primarily in the financial services industry in Indonesia, specializing in consumer financing services. The company offers a broad range of financing products including motorcycle financing; consumer goods financing; working capital loans; vehicle loans; and insurance brokerage services. WOM Finance targets retail customers primarily in the Indonesian market, focusing on low and middle-income segments, and operates through an extensive network of branches across the country.
Founded in 1981 and headquartered in Jakarta, Indonesia, WOM Finance has positioned itself as a leading multifinance company providing accessible credit options to consumers. Recent strategic developments include the strengthening of partnerships with automotive manufacturers and dealers to enhance product offerings and expand its customer base. The company continues to innovate its digital application and credit approval systems to improve operational efficiency and customer experience. WOM Finance maintains a strong emphasis on risk management and collection process enhancement to sustain portfolio quality amidst dynamic market conditions.
WOM Finance is publicly listed on the Indonesia Stock Exchange under the ticker WOMF.JK. Its business segments cover multifinance activities including leasing, lending, and insurance brokerage, catering mainly to individual consumers and small businesses. The company’s recent business expansion efforts include broadening its product portfolio and leveraging technology for more efficient financing processes, reflecting its commitment to growth and market adaptation in Indonesia’s competitive financial services sector.