Lawble founders pose during the company's launch. (Photo courtesy of Lawble)
Indonesia's First Regtech Start-Up Lawble Is Launched
OCTOBER 02, 2017
Jakarta. Karya Digital Nusantara has launched Lawble, Indonesia's first regulatory technology start-up, the company said in a statement last week.
Themed "regulatory inclusion through technology," Lawble's service launch was intended not only to affirm the existence of Lawble in the regtech industry in Indonesia, but also to introduce products and services for improving performance of law partners.
"We have a long-term vision for Indonesian people to have an insight into legal products. We started out from a simple thing ... we provided access to knowledge of simple legal products. With reliable access, we are sure that law would not be regarded as something complicated, but as a partner in daily activities," Lawble founder and chief executive Charya Rabindra Lukman said in the statement.
"Lawble provides a web-app with legal products that can be used as project management tools by legal, industrial, business, regulatory or governmental consultants to accelerate [their] work performance. Lawble will not replace legal practitioners, on the contrary, it will facilitate and support them in working effectively and efficiently," Charya added.
Law practitioners such as Hanafiah Ponggawa and Partners (HPRP) partner and founding member Andre Rahadian, Creative Economy Agency (Bekraf) deputy chairman for intellectual property rights Ari Juliano Gema, and International RegTech Association (IRTA) member Nizam Ismail, attended the launching ceremony to support the first regtech start-up in Indonesia.
Nizam said he expected Lawble to have a positive impact, especially for regulatory inclusion.
The company, founded by Charya along with Terrence Teong Chee Hooi, Eric Wishnu Saputra, and Muhammad Arief Wicaksono, seeks to provide access to more than 50,000 regulations.
"With its large population and a huge number of legal products, Indonesia is a giant market for regtech. In the future, regtech will be able to revolutionize regulatory frameworks," Lawble said in the statement.