Tagged: indonesia

March 1, 2016 @ 10:55 pm By JD Alois  |  

DANAdidik has launched Indonesia’s first peer to peer lending platform for micro student loans. The new platform was described as a step to provide an equal education opportunity for Indonesian students. DANAdidik says it facilitates: (i) students that are looking for education loan and (ii) sponsors… Read More

February 4, 2016 @ 6:00 am By Erin Hobey  |  

Indonesia’s Financial Services Authority (FSA), which regulates the banking and non-banking sector, is working with the Ministry of Communications and Information to bring out regulations governing online startup companies offering financial services, popularly referred to as fintech, reported DealStreetAsia. Indonesia is Southeast Asia’s largest economy (US$890B).  The new regulation will… Read More

January 14, 2016 @ 1:39 am By Midori Yoshimura  |  

Based in Jakarta, Indonesia, a new marketplace for peer-to-peer (P2P) lending officially launched today to give Indonesia’s small and medium enterprises (SMEs) greater access to funding by means of loans pooled from crowdfunding, according to a story in the JakartaGlobe. Modalku offers companies quick access to non-collateral loans with interest rates between… Read More

January 12, 2016 @ 9:30 am By Benjamin Twoon & Justin Chow  |  

Southeast Asia (SEA) represents a burgeoning regional economy comprising of 11 countries with a consolidated GDP of US$2.57 trillion (that’s approximately 15% the size of the US economy), and a combined population of 620 million people. It’s no wonder that there’s a buzz around the… Read More

December 14, 2015 @ 9:40 am By Samantha Hurst  |  

Last week, CEO of Singapore-based real estate crowdfunding platform CoAssets, Getty Goh, sat down with CNBC to discuss how the website’s growth. Goh revealed that the CoAssets offers projects in the regional markets and serves the funding gap of between $1 million to $5 million…. Read More

December 14, 2015 @ 9:26 am By Samantha Hurst  |  

Last week, Singapore-based real estate crowdfunding platform, CoAssets Pte Ltd, hosted its first EPIC (Expo for Property, Investing and Crowdfunding) event in Surabaya, Indonesia. The event was organized in conjunction with its Indonesian joint venture PT Java Land Promosia Indonesia. This was an expo over two days… Read More

November 17, 2015 @ 10:32 am By Midori Yoshimura  |  

  A co-founder of Funding Societies in his 20s, Reynold Wijaya is now the peer-to-peer lending company’s chief operations (Singapore) leader, and has helped bring the company’s funding to near $1.25 million. Funding Societies was among the first homegrown P2P lending companies to bring in a trustee registered with the… Read More

October 13, 2015 @ 12:16 pm By Erin Hobey  |  

“This Joint Venture is a key step in CoAssets’ plans to expand throughout the ASEAN region. Javaland has been successfully operating in Indonesia for a decade, building solid relationships with both the investment community and government departments.” The real estate crowdfunding company CoAssets Pte Ltd, recently… Read More

October 1, 2015 @ 1:46 am By Midori Yoshimura  |  

Indonesia’s Financial Services Authority, or OJK, will announce a countrywide crowdfunding regulation next week, said OJK Chairman Muliaman Hadad, according to DealStreetAsia. The regulation will be simple and allow startups open access to funding, he added. The upcoming regulation would lay out plans for promoting VC businesses and for establishing new… Read More

September 22, 2015 @ 1:33 pm By Erin Hobey  |  

Bareksa, Kejora, CekAja, Doku, Bank Mandiri, Veritrans and Kartuku teamed up to launch FinTech Indonesia, an association of Indonesian fintech service providers, reported e27‘s Anisa Menur.  The press conference was attended by Darmin Nasution, Minister of Economy, Budi Gunadi Sadikin, Managing Director of Bank Mandiri and… Read More

September 20, 2015 @ 10:17 pm By JD Alois  |  

Crowdo, formerly branded as Crowdonomic, is gearing up to expand its operations in multiple Asian countries.  The company recently gained entry into Malaysia as one of the first 6 equity crowdfunding platforms to receive a licence from Securities Commission Malaysia.  Crowdo has also launched a… Read More

August 27, 2015 @ 3:29 pm By JD Alois  |  

Real estate crowdfunding platform CoAssets is looking to set up shop in neighboring Malaysia.  Earlier this year Malaysian securities authorities announced the approval of 6 investment crowdfunding platforms but CoAssets, based in Singapore, was not on the list.  Denied at the time,  CoAssets is currently… Read More

August 26, 2015 @ 9:45 am By Albert Santos  |  

Crowdfunding in Indonesia is still in its infancy stage which is on par with most of Southeast Asia. For a country that is home to multiple ethnic groups carrying different languages and hundreds of volcanic islands, the government is poised to be in a good… Read More

July 7, 2015 @ 8:05 am By JD Alois  |  

Singapore based Crowdonomic has Rebranded as Crowdo as it Expands Across Asia. Launched in 2012, Crowdo has announced they will launch two platforms before year end.  As part of their regional expansion plan, Crowdo intends to launch a peer to peer lending platform in Indonesia… Read More

April 6, 2015 @ 3:44 pm By JD Alois  |  

The next Crowdfunding  Asia event, originally scheduled to take place next week in Jakarta, Indonesia, has been postponed until later this year.  According to event organizers this was to accommodate the schedule of President Joko Widodo who was expected to make an appearance and open the event… Read More

March 26, 2015 @ 11:43 pm By JD Alois  |  

Crowdfunding Asia will be visiting Jakarta, Indonesia next month delivering its message of the power and potential of crowdfunding to boost economies and create new jobs. Crowdfunding Asia held its first, very successful, conference in Singapore in August of 2014.  Several hundred finance professionals, investors,… Read More

March 4, 2015 @ 6:20 pm By JD Alois  |  

Venue: Jakarta, Indonesia Date: 15th – 16th April 2015 Theme: A Force to be Reckoned; CROWDFUNDING – Alternative to Empower Indonesia Hidden Treasures

January 26, 2015 @ 8:54 pm By JD Alois  |  

Singapore based startup Club Ethis may be the world’s first Shari’ah compliant crowdfunding platform and according to information provided by the portal it is growing fast. Club Ethis is guided by 2 in-house Islamic scholars. Ethis believes it has shown that Islamic Finance, crowdfunding and real… Read More