OJK sanctions 108 financing institutions in January 2025
12 Feb 2025 14:04
Four financing have not fulfilled the minimum equity requirement of IDR7.5 billion.
OJK releases 97 authorised online loans, here's the list
10 Feb 2025 12:12
OJK issued a list of problematic online lenders that were dissolved, as well as those officially authorized as of 2025. See the list.
Mekar Investama Teknologi innovates in productive segments
30 Jan 2025 15:04
To date, the company has disbursed over IDR 1.5 trillion in funding, with an outstanding loan value of IDR 530 billion.
Amar Bank's embedded banking now available on JULO
14 Jan 2025 17:02
The official statement mentioned that the credit facility available to JULO users could reach up to IDR 50 million.
Distribute financing to 900 thousand MSMEs, KoinWorks launches Impact Report 2023
25 Jun 2024 18:12
KoinWorks, a peer-to-peer (P2P) lending fintech that was founded in 2016, has just launched the 2023 Impact Report which displays the company's social impact throughout 2023 after distributing financing facilities to more than 900 thousand MSMEs (Micro, Small and Medium Enterprises).
Collaborating with banks, OY! Indonesia to push financial inclusion forward
24 Jan 2024 14:21
OY! Indonesia, an integrated payment solution provider, is committed to boost financial inclusion in Indonesia through its collaboration with PT Bank Danamon Tbk (BDMN) and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), whilst still abiding by regulations and guideline of Indonesian Fintech Association (AFTECH).
SBI’s portion in VTNY increases
04 Jan 2024 16:39
SBI Holdings Inc (SHI) has increased its direct ownership portion in PT Venteny Fortuna International Tbk (VNTY).
Expanding market, GoPay officially has its own app
26 Jul 2023 14:38
PT GoTo Gojek Tokopedia Tbk (GOTO) officialy introduces GoPay application to the Indonesian public today, Wednesday, July 26, 2023. Since its introduction in 2016, GoPay now has an application dedicated to its own services, a stand-alone from Gojek and Tokopedia.
OJK to act on fintech with NPL rate over 5%
30 Mar 2023 15:19
The Financial Services Authority (OJK) will take action on some financial technology companies (fintech) that has a non-performing loan (NPL) or TWP90 rate of over 5%.