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peer-to-peer-lending

Fintech start-up Akseleran raises $8.55m in Series A funding
Business 6 years ago

Fintech start-up Akseleran raises $8.55m in Series A funding

The fintech start-up has targeted disbursing Rp 2 trillion in P2P loans to SMEs this year.
Fintech payments triumph as GoPay, OVO dominate scene
Business 6 years ago

Fintech payments triumph as GoPay, OVO dominate scene

Only 21.5 percent of Indonesians are aware of P2P lending, which is regarded by many as the driver of financial inclusion.
P2P lenders create thousands of jobs, reduce poverty: Study
Business 6 years ago

PREMIUM
P2P lenders create thousands of jobs, reduce poverty: Study

P2P platforms have provided jobs for more than 362,000 Indonesians and reduced the poverty rate by 0.7 percent, equal to 177,000 individuals.
Fintech boosts financial inclusion by creating access for unbanked: Survey
Business 6 years ago

PREMIUM
Fintech boosts financial inclusion by creating access for unbanked: Survey

According to the 2018 Financial Inclusion Insights survey, 55.7 percent of the respondents had formal financial accounts with banks, fintech companies or cooperatives in 2018.
Fintech lenders, OJK launch data center as bad loans rise
Business 6 years ago

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Fintech lenders, OJK launch data center as bad loans rise

The data center will be able to integrate peer-to-peer (P2P) fintech lending platforms data in a bid to identify excessive lending, bad credit and fraud.
Foe to friend: Fintech companies work with banks to reach unbanked
Business 6 years ago

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Foe to friend: Fintech companies work with banks to reach unbanked

According to Bank Indonesia data, funding channeled by fintech companies totals Rp 60.4 trillion, with more than 14 million borrowers, as of September. That is based on 120 fintech companies registered by the Financial Services Authority (OJK).
Fintech companies need strict law to protect consumers, ensure fair business
Business 6 years ago

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Fintech companies need strict law to protect consumers, ensure fair business

A strict law is needed to cover wider aspects of the online lending business, such as capital and the mechanism by which investors channel their funds.
Pegadaian to invest Rp 500 billion in fintech firms this year
Business 6 years ago

Pegadaian to invest Rp 500 billion in fintech firms this year

Pegadaian also intends to become a strategic investor in a digital payment platform, LinkAja.
OJK launches online fintech monitoring platform amid industry’s rapid growth
Business 6 years ago

OJK launches online fintech monitoring platform amid industry’s rapid growth

Gesit is an online registration system for fintech startups wanting to grow its business through the OJK Infinity, an innovation hub, business incubator and education center for fintech established last year.
Holistic effort for P2P fintech: Stop the abuse
Opinion 6 years ago

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Holistic effort for P2P fintech: Stop the abuse

The past several years have seen the rise of online-based P2P lending firms in Indonesia. These firms, often called “fintech (financial technology) P2P”, serve a very important niche market: bringing financial services to portions of the population previously considered unbankable.
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