JCB International, PT Bank MNC Internasional (MNC Bank) and PT Kawasaki Motor Indonesia have launched three new co-branded…
Lending
Bank Indonesia (BI) has launched Kartu Kredit Indonesia (KKI) for the retail segment, a new domestic credit card…
More than 70% of Southeast Asian adults remain unbanked or underbanked. That is not a development statistic. It…
Indonesia’s Financial Services Authority (OJK) has summoned the management of PT Kredivo Finance Indonesia (Kredivo) and PT KreditFazz…
Bank Mandiri has secured a US$750 million social loan guaranteed by the Multilateral Investment Guarantee Agency (MIGA), a…
The Financial Services Authority (OJK) has introduced stricter eligibility and borrowing limits for buy now, pay later (BNPL)…
Indonesian digital lender JULO has reportedly secured up to US$5 million in fresh capital from existing investors, as…
Indonesia’s Financial Services Authority (OJK) is requiring financial institutions to update a debtor’s credit status in the Financial…
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,…