FingerMotion Targets Indonesian Market with Launch of AI-Powered Insurance Risk Platform

Singapore, Singapore--(Newsfile Corp. - May 16, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data, and technology company, is pleased to announce that its subsidiary Finger Motion Financial Company Limited ("Finger Motion Financial") has signed an agreement with PT Mach Wireless Teknologi ("Mach Wireless") to deploy and scale its proprietary AI-powered insurance risk rating platform in the Indonesian market.

The platform reflects years of experience working with insurers and leveraging proprietary data technologies to address real-world underwriting challenges. Under this agreement, an enhanced version of the platform is to be developed to align with the specific requirements of the Indonesian market, supporting underwriting for motor, health, and life insurance, while ensuring compatibility with local infrastructure and regulatory standards.

Leveraging Finger Motion Financial's proprietary machine learning models, data processing engines, and advanced risk analytics, the platform is expected to be engineered to provide a seamless integration into Indonesia's telco-insurance ecosystem, empowering telecom operators and insurers to collaborate effectively to deliver digital insurance products that are smarter, more accessible, and highly personalized. This partnership with Mach Wireless is expected to also assist in identifying and engaging appropriate local solution providers, such as insurance companies, ride-hailing platforms, and telematics services, to strengthen and expand the ecosystem.

"Our entry into Indonesia represents a key milestone in FingerMotion's strategic expansion across Southeast Asia," stated Martin Shen, CEO of FingerMotion. "This platform aims to establish a strong telco-insurance ecosystem through collaboration between telecom operators and insurers. In partnership with Mach Wireless, we are finalizing an agreement with a major telecommunications provider in Indonesia, which is expected to accelerate adoption and scalability. By combining our proprietary AI and big data technologies with strong local partnerships, we are creating scalable solutions that have the potential to transform the delivery of digital insurance in emerging markets."

FingerMotion is dedicated to driving innovation in artificial intelligence and big data analytics. Through Finger Motion Financial, the Company continually enhances its technological capabilities to support intelligent decision-making, optimize operations, and improve customer engagement. This strategic approach strengthens FingerMotion's position across high-growth sectors such as telecommunications, financial services, and insurance, thereby generating long-term value for its partners and shareholders.

About FingerMotion, Inc.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.

For more information on FingerMotion, visit: https://fingermotion.com/

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