Posts Tagged ‘Fintech’

OJK Will Immediately Announce Fintech’s Legal Protection

OJK-Will-Immediately-Announce-Fintech’s-Legal-Protection

The Financial Services Authority (OJK) will immediatelly launch a new regulation called the Digital Financial Innovation (IKD). The regulation will be officially released on August 2018. This regulation is a legal protection that will arrange Indonesian company which have core business in financial technology (fintech) industry.     Head of Digital Finance Innovation and Micro…

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Jamkrindo Targets To Cooperate With Fintech Companies

Jamkrindo-Targets-To-Cooperate-With-Fintech-Companies

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…

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The Increase of Foreign Lenders in Indonesian Fintech

The Increase of Foreign Lenders in Indonesian Fintech

Financial technology (Fintech) companies based on peer to peer lending optimistic that interest of lenders or foreign lenders to invest in Indonesian company will continuesly increase. PT Investree Radhika Jaya (Investree), estimates that foreign lenders can raise double in 2018. Co-Founder and CEO of Investree Adrian Gunadi said that Investree currently has lenders aabout 30,000…

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Anticipate To Be False Business, OJK Returned 41 Fintech Proposals

Anticipate To Be False Business, OJK Returned 41 Fintech Proposals

The Financial Services Authority (OJK) stated that there are at least 41 registration poposal documents from a peer to peer lending company based on financial technology (fintech) which was returned to the companies. The documents have not been fully completed the requirement as required by OJK as the regulator.     After some people learned…

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