Fintech Lending Service Spring
Modalku's Chief Executive Officer (CEO), Reynold Wijaya, for example, said that so far his party has disbursed loans of more than Rp 23.4 trillion with 4.3 million total loan transactions in Southeast Asia, including Indonesia.
"We are trying to continue to expand the reach of financial services for the community and small businesses that have not been served by financial institutions," he said yesterday. One of the factors driving the growth of lending is the increasingly widespread collaboration between fintech lending and formal financial service institutions and finance companies. Modalku has just signed a cooperation agreement with BRI Agro using a channeling scheme. The channeling strategy is also implemented by the Akseleran platform, which has collaborated with more than 10 banks and finance companies, one of which is PT Bank Jago Tbk. Cooperation with formal financial institutions is one of the a solution to ensure the availability of liquidity and sustainable loan distribution.Before Ramadan, the Financial Services Authority (OJK) recorded the total accumulated industrial loan disbursement until March 2021 reached IDR 181.67 trillion, growing 43.56 percent compared to the position in March 2020 which amounted to IDR 102 .53 trillion. The achievement of te This is inversely proportional to the growth of bank credit which actually contracted minus 3.77 percent in the same period.
|•SOURCE•| Articles :TECHNOLOGY | Image :BISNIS |
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