Indonesian Credit Guarantee State Owned Companies (Jamkrindo) will increase the cooperation with financial technology (fintech) company.It is to expand its business Jamkrindo business. “For this year, maximum we are targeting to work with two to three fintech, but the possibility is only two (companies) so that in the end of the year we already work with four fintech,” explained Director of Perum Jamkrindo Randi Anto in his office.
From the target, Randi hopes to get up to 400,000 of new customers. Randi is optimistic to get these new customers because the two fintech companies targeted to cooperate already have a lot of customers. “Theiy already have a lot of customers. Yeah, because they take them in micro (market), (that is) Suitable with our market,” he explained.
Previously, Randi admitted that Jamkrindo has already cooperated with two fintech companies in 2017 ago. Both of companies are Amartha and Investree. The choosing of two fintech companies is not without reason. Randi explained that Amartha and Investree were chosen because they are suitable with Jamkrindo business which focuses on mikro, small, and medium enterprises (UMKM).
“Previously, we already had a partnership with two fintech because the market was similar with us in micro and retail. So that the number of customers were also many. (Both of) Fintech are also good, their selection process are also good and until now the development is very good,” Randi continued.
In the collaboration, Jamkrindo plays a role in securing loans that distributed by fintech borrowers up to Rp 2 billion in every loan. “Fintech’s huge potential need to be given more space to grow. The collaboration and cooperation are the key factor because the expansion of fintech for wider community will be valuable and will have a significant impact on the moving of the economy until to the grass root,” Randi said.
Source: Antara, Kompas
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