Indonesia’s Financial Services Authority (OJK) has enforced a new minimum capital requirement of IDR 12.5 billion for the…
Lending
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…
The Financial Services Authority (OJK) is still working to bring Adrian Gunadi, the former CEO of fintech peer-to-peer…
The Buy Now, Pay Later (BNPL) sector in Indonesia is on a meteoric rise. Forecasts suggest that by…
Indonesian fintech firm Kredivo is said to be in the final stages of acquiring GajiGesa, a local earned…
GoTyme Indonesia has partnered with Danabijak and Olsera to introduce a Merchant Cash Advance (MCA) program, aimed at…
The Financial Services Authority (OJK) of Indonesia has issued a new regulation to govern Alternative Credit Ratings (PKA),…
Indonesian fintech company JULO has launched a new feature to ensure quick loan disbursement, introducing the “Instant Disbursement…
Indonesian peer-to-peer (P2P) lending platform Amartha has completed the acquisition of PT Bosowa Multi Finance, a leasing company…
Indonesia’s Financial Services Authority (OJK) has increased its supervision of PT Lunaria Annua Teknologi following reports of payment…
Finfra, an Indonesian lending-as-a-service infrastructure provider, has raised US$2.5 million in a funding round led by Cento Ventures.…
Indonesia’s Financial Services Authority (OJK) has revoked the business license of PT Investree Radhika Jaya (Investree), a peer-to-peer…
Batumbu, an Indonesian fintech lending company and part of Validus Investment Holding, has appointed a new Board of…
Fintech startup Finture, which operates the credit payment platform YUP, has secured US$30 million in its Series B…
Singapore-based digital SME lending platform Validus has secured a debt funding of up to US$50 million debt funding…
Indonesian tech company GoTo Group has expanded its partnership with TikTok by introducing a “Buy Now, Pay Later”…