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

July 4, 2020 @ 4:34 pm By Omar Faridi |

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

Read more in: Asia, Fintech, Investment Platforms and Marketplaces | Tagged adrian gunadi, coronavirus, covid-19, dewa wisana, financial inclusion, fintech lending, indonesia, investree, lending, p2p lender, p2p lending, peer to peer, smbs, sme's, university of indonesia

P2P Property Lender Blend Network Repays £2.282 Million to Lenders who had Invested in Six Different Loans

June 20, 2020 @ 1:47 pm By Omar Faridi |

Blend Network, a peer to peer (P2P) property lender, has reportedly repaid £2.282 million to lenders who had made strategic investments in six different loans. These loans included the Charterhouse loan, the Image House loan, and the four Crown House loans. Lenders were able to… Read More

Read more in: Global, Investment Platforms and Marketplaces, Real Estate | Tagged blend network, fintech lending, p2p, p2p lending, property loans, roxana mohammadian-molina, uk, united kingdom, yann murciano

Mumbai based Online Lender InCred Acquires Fintech Platform Qbera

June 17, 2020 @ 7:31 pm By Omar Faridi |

Mumbai based online lender InCred has reportedly acquired Fintech platform Qbera. The acquisition has come as India struggles to cope with the COVID-19 outbreak and associated challenges. InCred and Qbera haven’t disclosed the amount paid for the transaction, however, sources claim the deal may be… Read More

Read more in: Asia, Fintech | Tagged acquisition, aditya kumar, bhupinder singh, digital lending, education, fintech lending, incred, india, mumbai, online lending, smbs, sme's

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

Here’s Why Indonesia could be Ideal for Fintech Lending Platforms as Many Residents are Underbanked, and within Working Age

June 1, 2020 @ 11:45 pm By Omar Faridi |

Indonesia’s Fintech sector has been growing steadily, however, the majority or over 70% of the country’s adult population is unbanked or underbanked, according to the latest e-Conomy SEA Report. This suggests that Fintech businesses in Indonesia have a good opportunity to provide modern financial services… Read More

Read more in: Asia, Fintech | Tagged digital payments, financial inclusion, fintech lending, go-jek, indonesia, p2p lender, p2p lending, sme's, southeast asia, Unbanked, underbanked

Fintech Lenders are Better Equipped to Issue Loans to SMEs, Compared to Traditional Lending Platforms: Report

May 13, 2020 @ 7:56 am By Omar Faridi |

A blog post recently published by the World Economic Forum notes that SMEs throughout the world have been struggling to maintain operations due to the COVID-19 outbreak, nationwide lockdowns, and resulting economic challenges. WEF’s blog acknowledges that traditional lending models have been an obstacle… Read More

Read more in: Fintech, Global | Tagged coronavirus, covid-19, financial inclusion, fintech lending, lending, small businesses, smbs, sme's