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Jakarta Post
The Jakarta Post
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Pinjam announces partnership with Columbia cash and Credit

  • News Desk
    News Desk

    The Jakarta Post

Jakarta | Fri, October 13, 2017 | 02:50 pm
Pinjam announces partnership with Columbia cash and Credit Logo of online pawnshop Pinjam (Courtesy of/

Online pawnshop Pinjam announced on Thursday that it had partnered with retail and multifinance firm Columbia Cash and Credit.

Through the partnership, Pinjam’s individual or small medium enterprise (SME) customers can now pawn their gold at one of 16 Columbia retail outlets in Jakarta, where appraisers from Pinjam will be available.

Teguh Ariwibowo, Pinjam’s CEO and co-founder, said in a statement that he welcomed the partnership as the two companies had similar customer profiles.

“We want to continue disseminating information to the public that our online pawnshop is an alternative for people who need money quickly,” he said.

Pinjam, which was launched in December 2015, claimed to have 2,000 customers by the end of 2016.

Pinjam also provides online appraisal services via their website with flexible redemption periods ranging from one to 16 weeks. (mrc)

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