Posts Tagged ‘Investors’
Will China’s Fintech Move To Indonesia After Failed In Their Country?
It is bad news for the industry of China’s financial technology (fintech) which about 80 fintech companies based on peer to peer lending (P2P) schemes there got default payment during June 2018. And even worse news that it increased to 137 by mid of July 2018. The fintech P2P lending industry in China has attracted…
Read MoreOJK Warns Fintech Not To Abuse Their Logo
The Financial Services Authority (OJK) has warned to all financial technology (fintech) companies about the usage of the OJK logo. The warning is an anticipation so that the consumers would not misjudge against the credibility of fintech. Even in the POJK (Regulation of the Financial Services Authority), it has been clearly mentioned about the prohibition…
Read MoreAnticipate 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…
Read MoreGovernment Approach Young Generation to Invest in Retail Bond
Director General of Financing and Risk Management of the Ministry of Finance, Luky Alfirman, said the sale of Savings Bond Retail SBR003 will target new investors from the younger generation. “What we are targeting is the young generation or millennial who are already working and have income and want to have investment,” said Luky. …
Read MoreCompanies Expected To Consider Environmental Friendly Financing
The Ministry of State-Owned Enterprise (SOE) is hoping to Indonesian company to start a financing schemes that considers environmental friendly principles to sustainably grow. The companies will be “sustainable” if they consider the issue of “green financing” and it has been submitted by the government. Through the “green financing” schemes which…
Read MoreForeign Investors Still Interested in Local Lending Fintech
The financial Technology (fintech) businessmen based on peer-to-peer lending believe the interest of lenders from abroad or foreign investors to invest to Indonesia’s fintech will continue to grow from time to time. The management of PT Investree Radhika Jaya (Investree) agrre with thier interest. They stated that the interest of foreign investors in local fintech…
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