Tagged: adrian gunadi

Investree Raises $10 Million, Targets Financial Inclusion in Indonesia

Investree, an online lender based in Indonesia, has raised $10 million that will be utilized to provide services to SMEs. The funding came from responsAbility Investments, an asset manager from Switzerland that focuses exclusively on sustainable investment. Additionally, Accial Capital, a tech-enabled investor in fintech… Read More

Indonesian Fintech Lenders Association Establishes Task Force to Help P2P Lending Firms Deal with Rising Number of Bad Loans

The Indonesian Fintech Lenders Association (AFPI) has reportedly decided to establish a special task force to assist peer-to-peer (P2P) Fintech companies with the significant increase in bad loans – which may have resulted from the socioeconomic challenges created due to the Coronavirus crisis. Adrian Gunadi,… Read More

Indonesia’s Fintech Lenders Association Offers to Assist with Disbursing Funds Allocated to COVID-19 related National Economic Recovery Program

Indonesia’s Fintech Lenders Association (AFPI) has reportedly offered to help with disbursing funds that have been allocated to the country’s national economic recovery program (PEN). As first reported by the Jakarta Post, the Indonesian government has been struggling to obtain the data required to provide… Read More

University of Indonesia Study Reveals that Borrowers Using Local P2P Lender Investree Were Able to Generate More Revenue

Borrowers that use Indonesia’s peer to peer (P2P) lending platform Investree, which mainly includes local SMEs, had reported a considerable increase in their earnings. They were also able to better scale their business operations after obtaining loans from Investree, according to a recent study conducted… Read More

Indonesia’s Peer to Peer Lending Platforms Receive Numerous Debt Restructuring Requests Following COVID-19 Outbreak

Economic activity in Indonesia has slowed down significantly following the deadly Coronavirus (COVID-19) outbreak. According to local reports, some businesses in the trillion-dollar economy have shut down completely. Peer to peer (P2P) lending platforms are also experiencing major challenges, which include having to deal with… Read More

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