p2p lending

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…

Mar

Asia Banking Research

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…

May

Asia Banking Research

Virus shakes up Indonesia’s fast-growing P2P lending sector

Indonesia’s P2P lending sector has been growing fast for several years now, providing a vital credit channel for cash-strapped consumers and SMEs. In February, online lending increased 225% annually to reach US$6.1 billion, 80% of which was in the P2P segment, according to data compiled by the Indonesian government. Then…

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p2p lending

The end may be near for Investree

P2P lending in Indonesia is at a crossroads

Virus shakes up Indonesia’s fast-growing P2P lending sector

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p2p lending

p2p lending

The end may be near for Investree

P2P lending in Indonesia is at a crossroads

Virus shakes up Indonesia’s fast-growing P2P lending sector

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