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P2P-lending

Tech 1 year ago

PREMIUM
Interest rate cap eats into peer-to-peer lenders’ earnings

A prolonged trend of declining profitability could dent the survivability of the firms.

Tech 1 year ago

PREMIUM
AFPI projects conservative growth amid macro woes, stringent rules

Fintech lending association projects between 5 and 7 percent growth for the sector this year.

Academia 1 year ago

Fintech's moment of truth: Balancing innovation with public trust

The right fintech innovation should provide opportunities for both MSMEs and investors to grow while contributing to a nation's economic growth.

Executive Column 2 years ago

PREMIUM
Executive Column: Fintech firm Akulaku Group projects ‘more conservative’ 2024

Akulaku Group, the parent group of BNPL service Akulaku, P2P lender Asetku and Bank Neo Commerce, targets 25 percent growth in loan issuance this year and has not abandoned plans to go public.

Economy 2 years ago

PREMIUM
MSMEs struggle to get loans from 'picky' lenders

Only 19 percent of bank loans went to small businesses last year, far short of the President’s target. Experts urge the government to simplify regulations and do more to help MSMEs.

Companies 2 years ago

PREMIUM
Fintech firm Akulaku vows compliance after OJK lifts lending ban

The Financial Services Authority (OJK) had forbidden Akulaku from disbursing loans for existing and new customers through the buy now, pay later (BNPL) scheme since Oct. 5 last year.

Tech 2 years ago

PREMIUM
Association sees no issue with fintech firms offering student loans

The Indonesia Fintech Lending Association (AFPI) has asserted that cooperation between fintech platforms and universities is “not prohibited” by the fintech regulation, provided there is “prudent and compliant credit due diligence”.

Economy 2 years ago

PREMIUM
OJK targets double-digit loan growth for banks this year

Indonesian lenders only booked a 3 percent year-on-year rise in third-party funds in November 2023, continuing sluggish growth in that metric since the beginning of last year.