indonesia peer to peer lending

Jul

P2P lending in Indonesia grows steadily

Peer-to-peer (P2P) lending has become a big industry in Indonesia in recent years, with an estimated 250 trillion rupiah (US$17 billion) loans disbursed in 2022, up from about 155 trillion rupiah (US$10.2 billion) in 2021. The first six months of 2023 saw a 28% growth in the P2P lending market,…

Oct

Fintech Research

The evolution of P2P lending in Indonesia

Indonesia is gradually turning into a success story for peer-to-peer (P2P) lending, which is able to meet demand for credit that traditional lenders cannot. In the past few years overall lending by fintechs has been growing much faster than that of banks in Southeast Asia’s largest economy, according to the…

Jun

Asia Banking Research

P2P lending grows steadily in Indonesia

Indonesia’s peer-to-peer (P2P) lending sector is growing steadily after a pandemic-induced slowdown in 2020. Regulators, mindful of the sector’s ability to boost financial inclusion but wary of the risks that can build up when oversight is too light, have been gradually issuing licenses to legitimate companies while penalizing bad actors.

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indonesia peer to peer lending