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…
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 MoreMy Business Store, The Involvement of Telkomsel in Fintech Industry
Recently Telkomsel plans to do business with the type of the financial services that are still booming, financial technology (financial technology / fintech) service. According to this Indonesian company, Telkomsel’s My Business Store marketplace already has a fintech solution in it. “Later, fintech will focus on SMEs (Small Medium Enteprises) that are not bankable,” said…
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…
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