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947 Illegal P2P Lending Stopped, Others Still Circulating

JAKARTA (TheInsiderStories) - Indonesia has stopped 947 illegal business activities of peer to peer (P2P) lending since 2018, said chairman of the Investment Alert...

Indonesian Banking Prepares Its Strategies Facing FinTech Development

JAKARTA (TheInsiderStories) – The Indonesian financial technology (FinTech) is continues to grow rapidly, even though it developed in the past few years. Morgan Stanley...

Morning Briefing: US, China Trade Truce Probably Extended

JAKARTA (TheInsiderStories) – Good morning! United States (US) President Donald Trump opens a possibility to extend trade tariff truce with China, as both countries...

Mckinsey: Indonesian Digital Banking will Grow Rapidly

JAKARTA (TheInsiderStories) - Digital technology will continue to transform the banking landscape of Indonesia and it will grow considerably become increasingly crucial in building...

Indonesian FinTech Firm’s Akulaku Raises US$70M Led by Chinese Finup

JAKARTA (TheInsiderStories) - Indonesian financial technology (FinTech) startup Akulaku has raised US$70 million Series C round led by Chinese's Finup, joined with Sequoia India, BlueSky Venture...

Equity Crowdfunding Rule for Indonesia’s FinTech Releases This Year

BOGOR (TheInsiderStories) - Indonesia's Financial Services Authority (FSA) will release equity crowdfunding regulation, which can be a source of funding alternative for financial technology (FinTech) start-up...

Weekly Briefing: Opposition Camp Losing Fight for Public Space

JAKARTA (TheInsiderStories) - Good Morning. Political tension escalates as attempts from the opposition camp to take control of public spaces met with outright, sometimes violent, rejection. The...

Indonesia’s Kredivo Raises Funds US$30M for Expansion in SEA

JAKARTA (TheInsiderStories) - FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia through Kredivo, has closed a US$30 million...

Indonesia’s Investree to Receive US$10 Million Series B Funding Round

JAKARTA (TheInsiderStories) - Investree, an Indonesian local startup providing peer-to-peer (P2P0) lending marketplace, will receive US$10 million worth of Series B funding from some local and...