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Garuda Indonesia Seeks Fund of US$900M to Pay Debt

JAKARTA (TheInsiderStories) - Flight carrier, PT Garuda Indonesia Tbk (IDX: GIAA) plans to get a fund of around US$900 million in 2020. It aims...

Indonesia’s FSA Stops 125 Illegal P2P Lendings

JAKARTA (TheInsiderStories) - Indonesian Financial Service Authority (FSA) through Investment Alert Taskforce stopped the operational of 125 illegal peer to peer (P2P) lendings, made...

Indonesia’s KoinWorks Raises $22.5M in Series A Financing

JAKARTA (TheInsiderStories)--Indonesia's Peer to Peer (P2P) Fintech Lending KoinWorks announced its Series A funding round of US$22.5 million led by Mandiri Capital Indonesia. CO-Founder &...

Indonesian Govt. to Block 227 Illegal Fintech P2P Lending

JAKARTA (TheInsiderStories)--Indonesia's Financial Service Authority (FSA) had requested for the Communication and Informatics Ministry to block 227 unregistered financial technology (FinTech) Peer to Peer...

Indonesia’s Fintech P2P Firms Disburse $486M Loans by June 2018

JAKARTA (TheInsiderStories)--Indonesia's financial technology (FinTech) peer to peer (P2P) firms had disbursed loans totalling Rp7 trillion (US$486.435 million) by June 2018, FinTech Licensing and...