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investree

27
Oct

The end may be near for Investree

On October 22, Indonesia’s Financial Services Authority (OJK) revoked the business license of peer-to-peer lender Investree and ordered it to shut down all operations. The OJK’s decision deals a potentially lethal blow to the troubled P2P lender, which has been unable to recover from severe fraud allegations against its founder…
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30
Aug

Will Investree endure?

It was not so long agao that Indonesia’s troubled peer-to-peer (P2P) lending company Investree was riding high. In October 2023, the company announced it had raised US$231 million in a Series D funding round led by Qatar’s JTA International Holding which also included participation from Japan’s SBI Holdings. The Series…
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25
Mar

P2P lending in Indonesia is at a crossroads

The tumult in Indonesia’s P2P lending industry should not come as a surprise. It is exceedingly difficult to both regulate this industry fairly and allow it to maximize financial inclusion benefits. Strict regulation such as is practiced in Taiwan and South Korea (though Seoul may make some changes soon) minimizes…
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Established in 2007, Kapronasia, an Atlas Technologies Group Company, is a leading consulting and market research firm specializing in fintech, banking, payments, and capital markets. Our services aim to equip clients across the region with the necessary insights to capitalize on their most valuable opportunities and maintain a competitive edge in the market.

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