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Companies 4 months ago
PREMIUM
Jakarta prosecutors detain three in $35m KoinWorks graft probe
Authorities allege the executives of PT Lunaria Annua Teknologi (LAT), the operator of KoinWorks, manipulated collateral documents and falsified trade invoices to secure massive loans from state-owned lender BRI.
Academia 5 months ago
PREMIUM
Fintech case exposes troubling misapplication of competition law
Recent crackdown on fintech lending ignores a critical reality: these "price-fixing" measures were actually regulatory mandates designed to protect consumers. By applying a rigid competition framework to a co-regulated market, the KPPU risks stifling financial inclusion and deterring the very investors the nation needs.
Tech 1 year ago
PREMIUM
Fraud and other risks still holding back P2P lending business
Despite a decade of tightening rules on what is allowed and what is not in Indonesia’s burgeoning peer-to-peer (P2P) lending industry, the fintech segment meant to improve financial inclusion is still riddled with risks for both lenders and borrowers.
Front Row 2 years ago
Restock Tech: Fueling MSME growth in Indonesia - holding for Restock.id & Revota
PT Cerita Restock Teknologi Amannah, known as Restock Tech (www.restock.tech), is home to two companies that share the company's vision and mission of accelerating micro, small and medium enterprises (MSMEs) in Indonesia. These two companies are PT Cerita Teknologi Indonesia (Restock.id) and PT Ava Revota (Revota).
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