Fintech lending boom in Indonesia


Big demand: Wijaya says financing demand has been beyond expectation. — Reuters

P2P platforms help meet US$73bil credit shortfall

JAKARTA: Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of millions of people have little or no access to bank credit – helping alleviate a financing shortfall estimated at more than US$73bil.

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Business , Wimboh Santoso , lending , P2P

   

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