Search Results for:Tabita Diela

Indonesia mulls imposing cap on interest rates, loans offered by fintech firms

More than 300,000 people have borrowed from these firms, with total loan distribution reaching 3 trillion rupiah ($218 million) as of January.


Indonesia’s fintech lending surge takes advantage of deficit in bank credit

The emergence of these peer-to-peer (P2P) lending platforms has so far been welcomed by Indonesia’s financial regulators.


Indonesia’s central bank issues fresh warning over cryptocurrencies

Last month, Bank Indonesia issued a regulation banning the use of cryptocurrencies by fintech companies involved in payment systems and said it is examining whether there’s a need to regulate trading on virtual currency exchanges.