BCA Joins Forces With Modalku to Tap MSME Market

... Grup, the company behind digital peer-to-peer lending Modalku, to penetrate the micro, small ... Modalku should allow BCA to provide more lending for micro-businesses in ... loan disbursement in the period. Peer-to-peer lending platforms like Modalku, or rivals ...

KoinWorks Signs Deal With Ministry, Focuses on SME Lending

Jakarta. Indonesian peer-to-peer lender KoinWorks is set to partner with the Cooperatives ... the ministry, to provide training, mentoring and access to lending to around 4, ... lenders and borrowers. Aside from peer-to-peer lending, the fintech company also offers ...

Garuda Drops Plan to Issue Islamic Bonds

... has dropped a plan to issue dollar-denominated Islamic ... $500 million from a peer-to-peer lending scheme. Garuda's acting ... other funding alternatives to realize its goal to refinance debts due ... projection since the company has to account for new setbacks, ...

Sinar Mas-Backed Venture Capital EV Growth Closes $250m Funding Round

... service Shopback and Indonesian peer-to-peer lending Koinworks. Four out of ... Wilson said the company plans to invest $325 million in ... "We are strongly committed to East Ventures and look forward ... to working together with them to achieve greater ...

Garuda to Issue $900m in Global Bonds in 2020 to Restructure Debts

... Indonesia is seeking to raise up to $900 million from ... bonds, private placement or peer-to-peer lending next year. Garuda needs ... million. The cap for its peer-to-peer lending is $500 million. The ... transactions are subject to approval from the Financial ...

P2P Lending Eases SME's Most Pressing Challenge of Capital

... the rising Industry 4.0, peer-to-peer lending, also known as P2P, ... Digital Era" alongside P2P lending platform KoinWorks, the Indonesian ... and simplified the once complex lending process. For instance, ... solutions such as P2P lending and procurement of raw ...

AsiaCollect Transforms Debt Collection Business With AI

... many fintech companies doing online lending: peer-to-peer, payday loan and many other ... company uses artificial intelligence to get to know borrowers better and avoid ... recipients in online lending schemes were often subjected to public humiliation when ...

Investree Extends Green Financing Partnership to More Hotels

... Jakarta. Investree Radhika Jaya, a peer-to-peer lending marketplace, has announced a second ... individuals, organizations and legal entities to certain individuals or legal entities ... loans more affordable and accessible to business borrowers, especially small ...

Fintech to Supplement, Not Disrupt Banks

... . Customers have come to expect personalized, interactive ... solutions, online banking and peer-to-peer lending. This new wave ... Our PayMe service, a peer-to-peer payment system for Hong ... using optical character recognition to scan trade finance documents ...

AI-Powered Debt Collection Can Help Avoid Another P2P Lending Crisis

Peer-to-peer, or P2P, lending should have been the long-awaited answer to a complicated ... Financial Services Authority (OJK) to eliminate online lending, which he characterized as ... first place. The P2P lending industry needs to conduct robust credit checks ...