Tagged: fintech lenders association

P2P Fintech Lending Sector in Indonesia May Struggle Due to Risky Loans, as Lenders Rejected Over 50% of Restructuring Requests

June 11, 2020 @ 11:45 pm By Omar Faridi |

The Fintech sector in Indonesia is reportedly struggling due to potentially risky loans as lenders on local peer to peer (P2P) lending marketplaces rejected over half of loan restructuring requests from debtors. This, according to a recent survey which revealed that Indonesia’s residents and businesses… Read More

Read more in: Fintech, Asia, Investment Platforms and Marketplaces | Tagged afpi, fintech lenders association, fintech lending, indonesia, indonesian financial services authority, ojk, p2p lending, peer-to-peer lending

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

April 21, 2020 @ 12:32 am By Omar Faridi |

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

Read more in: Asia, General News, Investment Platforms and Marketplaces | Tagged adrian gunadi, coronavirus, covid-19, fintech lenders association, indonesia, online lending, p2p lending, p2p platforms, peer-to-peer lending