We Are Not Pinjol, We Are Pindar: A New Era of Financial Solutions

We Are Not Pinjol, We Are Pindar: A New Era of Financial Solutions

Indonesia’s Fintech Industry Rebrands:⁣ From Pinjol to Pindar ⁤ In a critically important⁤ shift for Indonesia’s financial ⁤technology sector, teh term pinjol (online loan) has officially been replaced by pindar (online‌ loans) as the official ‍designation ​for fintech peer-to-peer (P2P) lending companies. This rebranding, introduced by the Financial Services ⁤Authority (OJK) in December 2024,⁢ aims … Read more

KoinP2P Faces Backlash Over Unpaid IDR 360 Billion Debt

KoinP2P Faces Backlash Over Unpaid IDR 360 Billion Debt

KoinP2P⁢ Scandal: IDR⁢ 360 Billion Fraud Shakes Indonesia’s Peer-to-Peer Lending Sector Jakarta – The Indonesian financial ⁣sector is reeling from a massive fraud case involving PT Lunaria Annua Teknologi (KoinP2P), a subsidiary of KoinWorks. The company has failed to repay user fees amounting to IDR 360‌ billion, ‍funds allegedly embezzled by a ⁣borrower. This scandal … Read more