Indonesia’s Financial Services Authority (OJK) is requiring financial institutions to update a debtor’s credit status in the Financial…
Lending
Indonesian fintech platforms Akseleran and AwanTunai are facing mounting questions over their business continuity as both companies grapple…
Akulaku Finance has secured a US$27.5 million funding facility from Danamon to boost its financing capacity and support…
Mayapada Group fintech company adopts Oradian’s digital-native core banking and loan management system to support expansion, faster product…
Indonesia’s online lending industry is undergoing a consolidation phase. Over the past year, several platforms backed by large…
The Business Competition Supervisory Commission (KPPU) has found 97 peer-to-peer (P2P) lending fintech firms guilty of cartel practices…
Indonesia’s fintech lending sector continues to grow. Data from the Financial Services Authority (OJK) shows outstanding peer-to-peer (P2P)…
Financial institutions are rapidly turning to artificial intelligence to reshape how banking works. AIs are not only there…
Visa has entered a partnership with financial technology firm Skorcard to increase the availability of digital credit card…
The Financial Services Authority (OJK) has officially concluded its investigation into the peer-to-peer lending platform PT Crowde Membangun…
The Financial Services Authority (OJK) has revoked the operating license of peer-to-peer (P2P) lending fintech Crowde Membangun Bangsa…
Amartha, a platform for grassroots entrepreneurs in Indonesia, has announced its transition into Amartha Financial Group after receiving…
The peer-to-peer (P2P) lending sector in Indonesia is increasingly attracting interest from foreign funders. As of May 2025,…
Banks in Indonesia adopted more cautious lending standards in the second quarter of 2025 compared to the previous…
Indonesia’s Financial Services Authority (OJK) has enforced a new minimum capital requirement of IDR 12.5 billion for the…
Indonesia’s digital lending sector has experienced rapid expansion in recent years, driven by efforts to bridge the country’s…
Indonesian fintech company Amartha has secured US$55 million in funding from three European development finance institutions, namely Swedfund,…
OCBC Indonesia and Ant International have announced a strategic partnership to provide embedded financial services to local SMEs.…
Amartha, an Indonesian microfinance technology company, has secured US$ 55 million in a loan facility aimed at improving…
South Korea’s PFC Technologies Inc. (PFCT) has acquired AIForesee, the alternative credit scoring subsidiary of defunct Indonesian peer-to-peer…