Latest OJK data revealed that there are only 103 licensed fintech lenders in Indonesia. Despite the decline in the number of fintech lenders, the industry’s credit disbursement has reached US$ ~908 million (IDR 12.97 trillion) as of November 2021, 51%
[JANUARY 17, 2022] PERBARINDO, BPR Association, held an in-person workshop last month, to discuss challenges and different pathways for rural banks to conduct digital lending. The event was hosted by Nikel, a leading embedded lending technology company, that works with
The Indonesian Joint Funding Fintech Association (AFPI) is expecting total loan disbursement of IDR86 trillion (US$5.9 billion) for 2021, a significant increase from IDR65 trillion (US$4.46 billion) in 2020. According to OJK, the non-performing loans (NPL) for outstanding credit past
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