P2P Fintech Lending Sector in Indonesia May Struggle Due to Risky Loans, as Lenders Rejected Over 50% of Restructuring Requests
The Fintech sector in Indonesia is reportedly struggling due to potentially risky loans as lenders on local peer to peer (P2P) lending marketplaces rejected over half of loan restructuring requests from debtors. This, according to a recent survey which revealed that Indonesia’s residents and businesses… Read More
Read more in: Fintech, Asia, Investment Platforms and Marketplaces | Tagged afpi, fintech lenders association, fintech lending, indonesia, indonesian financial services authority, ojk, p2p lending, peer-to-peer lending
