ASEAN BAC Chair Indonesia to Work on Regional QR Code Payment

... known as QRIS, to make payments to merchants across the archipelago ... . Read More: ASEAN to Contribute to the World: Jokowi Prison ... payment linkage is expected to benefit micro, small, ... Indonesia plans to make an ASEAN peer-to-peer (P2P) lending platform and ...

Indonesia's P2P Lenders Set to Disburse $17b in Loans in 2022: Association

Jakarta. Indonesia's peer-to-peer lending industry is set to expand its loan disbursement ... =interactive[/embed] Kuseryansyah said peer-to-peer lending expanded by 25 percent in ... OJK), said the peer-to-peer lending industry's ability to attract ample customer ...

Inflation and Financial Sector Deepening

... Responding to that, banks will also increase their lending rates ... . Simultaneously, Indonesia needs to increase its financial sector ... , much lower than peer countries such as Malaysia ... fundamentals as necessary to maintain financial system stability ...

Shariah P2P Lending Qazwa Secures OJK License

... , an Indonesia-based shariah peer-to-peer lending platform, recently secured a ... OJK-licensed shariah P2P lending companies in Indonesia. Qazwa ... Indonesia’s shariah P2P lending. “The recent licensing ... Qazwa, a shariah P2P lending platform which targets unbanked ...

FlowCares Empowers Borrowers for Better Debt Management

... to digitalization, emerging buy-now-pay-later e-commerce players, and peer-to-peer ... (P2P) lending platforms, among others. According ... to CEIC data, household debt accounted ...

Indonesian Startup Founder Named Suspect in Alleged Illegal Firearm Ownership Case

... executive officer of Jakarta-based peer-to-peer lending startup Restock, is facing ... a firearm to bystanders who asked him to go to the ... case against Farid. P2P Lending Startup Farid is a co ... of Restock, a Jakarta-based peer-to-peer (P2P) startup, the company ...

KoinWorks Confident of Turning Profit as Loan Up 50% Amid Pandemic

... commonly known by its peer-to-peer lending platform KoinWorks, is confident ... and social restrictions imposed to curb it has ... in "maintaining business performance to become a stronger company ... The average TKB90 among peer-to-peer lending companies stood at 91. ...

OVO Claims It's Now Indonesia's Largest Fintech Ecosystem

... OVO later expanded to other financial services, including peer-to-peer (P2P) lending, investment, insurance ... The app now offers P2P lending with Taralite which has recently ... up with insurance company Prudential to promote insurance inclusion. Those ...

KoinWorks Relaxes Loan Repayment for Businesses Hit by Covid-19

... Indonesia's leading peer-to-peer fintech lending companies KoinWorks is ... said. Borrowers need to provide proof that their ... to grow their business, including by making use of P2P fintech lending ... platforms as an alternative to bank loans ...

KoinWorks Closes Deal on $20m Funding Round Amid Covid-19 Pandemic

... of Indonesia's largest peer-to-peer lending company KoinWorks, has secured ... Monday. "KoinWorks continues to stand together with many ... "We are very pleased to have new and internationally ... proven banking techniques to maintain its lending quality during the ...