Growth in Indonesia Peer-to-Peer lending Market is driven by Demand in Java Region, surge in Number of MSMEs and supportive regulations: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit “Increase in mobile and internet penetration along with the adoption of digital technology and improvement in credit-assessment related technology has driven the increase in borrower base and an increase in loan disbursement.” Analysts at Ken Research in their latest publication “Competition Benchmarking: Indonesia Peer-to-Peer Lending Market Outlook to 2024” believe growth in e-commerce activity driving seller activity, adoption, and integration of digital technology with e-commerce, entry of new platform operators and their ability to cover wider geography, improvement in the internet and mobile phone penetration and increased participation of banks and financial institutions are some of the factors that will drive the market to register a near 50% CAGR in terms of loan disbursement for the period 2019-2024. Growth within Java: Loans disbursed in Java have dominated the Indonesia Peer-to-Peer lending market. Share and growth in loans disbursed in the Java region have increased for the period 2016-2018. Java accounts for a majority of the economic activity in Indonesia. Other factors such as, population, literacy rates, and a number of lenders and borrowers and the presence of banking system and increase in mobile phone and internet penetration helped accelerate the growth in loans. Funding MSME: SMEs in Indonesia face a USD 75 Billion funding gap. Banks’ reluctance to fund these businesses on account of the risk they have given rise to the development of the Peer-to-Peer lending industry The use of unconventional data to assess borrower risk has given rise to a new form of credit assessment as opposed banks’ traditional system. Investors have been drawn to these platforms for their attractive returns and low commission charges. With mobile phone penetration, the industry is expected to scale to ~IDR 430 trillion in terms of loans disbursed by 2023. The problem of financial inclusion still persisted due to a lack of financial literacy. This was tackled by means of collaborating with different partners like banks, e-commerce and payment platforms to reach a wider audience. Supportive Regulatory Environment: The Indonesian regulatory authority, OJK, has promptly introduced regulations, learning from the mistakes of the Chinese authorities. OJK has introduced two regulations since 2016 to combat the problem of illegal and unreliable P2P platforms. The process of registration is a two-stage process. The first stage is registration with intent to operation. The second stage is licensing, where a company has to prove operational reliability with respect to platform risk mitigation, customer data safety, and fraud detection and prevention. In addition to the second regulation, the authority has set up a Sandbox system where registered platforms can go through an operational reliability test to find weaknesses. Key Segments Covered:- By Location of Loan Disbursed Inside Java Outside Java Key Target Audience Existing Peer-to-Peer Lending Platforms New Market Entrants- Domestic Platforms New Market Entrants- International Platforms Banks and Financial Institutions Government Bodies Investors & Venture Capital Firms Third-Party Technology Providers MSMEs and E-commerce Sellers Time Period Captured in the Report:- Historical Period: 2016 -2018 Forecast Period: 2019-2024 Companies Covered:- Investree Modalku Koinworks Danamas Mekar Crowde Crowdo Akseleran Aktivaku Amartha Key Topic Covered in The Report:- Government Bodies P2P Market Indonesia Third-Party Technology Providers in P2P Market Indonesia MSMEs and E-commerce Sellers P2P Market Indonesia Long Term Lending Market Indonesia P2P Lending Market Peer to Peer Lending Industry Indonesia Indonesia P2P Lending Commission Margin Size Number of Borrowers Registered Indonesia P2P Market Indonesia Peer to Peer Lending Market Partners Peer to Peer Lending Market in Indonesia Indonesia P2P Lending Industry Number of Lenders Registered Indonesia P2P Market Interest Rate Indonesia P2P Lending Market Indonesia Long Term Interest Rate Indonesia Peer to Peer Lending Market Platforms Indonesia Peer to Peer Lending Regulations Indonesia SME Financing Market Peer to Peer Lending Market Indonesia For More Information, Click On The Link Below:- Indonesia Peer-to-Peer Lending Market Outlook Related Reports by Ken Research:- India Financial Brokerage Market Outlook to 2020 – Evolvement of Discount Brokers and Robust Trading Volume to Prosper Market Growth Philippines Financial Brokerage Market Outlook to 2023 – By Equity on Basis of Transaction Value, By Transaction Mode (Online & Offline), By Basis of Time of Delivery (Intraday & Delivery Based), By Type of Investor (Domestic & FII) Indonesia Financial Brokerage Market Outlook to 2023 – By Equity and Debt Investments Traded Value, Revenue and Frequency of Transactions and By Local and Global Brokerage Firms Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Banks and Financial Institutions P2P Market Size, Crowdo P2P Lending Loan Disbursed Growth, Existing P2P Lending Platforms Indonesia, Government Bodies P2P Market Indonesia, Indonesia Long Term Interest Rate, Indonesia Long Term Lending Market, Indonesia MSMEs and E-commerce Sellers P2P Market, Indonesia P2P Industry Research Report, Indonesia P2P Lending Commission Margin Size, Indonesia P2P Lending Industry, Indonesia P2P Lending Industry Research Report, Indonesia P2P Lending Major Companies, Indonesia P2P Lending Market, Indonesia P2P Lending Market Analysis, Indonesia P2P Lending Market Challenges, Indonesia P2P Lending Market Domestic Players, Indonesia P2P Lending Market Future, Indonesia P2P Lending Market Future Outlook, Indonesia P2P Lending Market Growth Forecast, Indonesia P2P Lending Market International Players, Indonesia P2P Lending market Major Players, Indonesia P2P Lending Market Research Report, Indonesia P2P Lending Top Platforms, Indonesia P2P Lending Total Loans Disbursed, Indonesia P2P Lending Working Capital loans, Indonesia P2P Market Research Report, Indonesia Peer to Peer Lending Analysis, Indonesia Peer to Peer Lending Industry, Indonesia Peer to Peer Lending Industry Research Report, Indonesia Peer to Peer Lending Invoice, Indonesia Peer to Peer Lending Market, Indonesia Peer to Peer Lending Market Analysis, Indonesia Peer to Peer Lending Market Overview, Indonesia Peer to Peer Lending Market Partners, Indonesia Peer to Peer Lending Market Platforms, Indonesia Peer to Peer Lending Market Research Report, Indonesia Peer to Peer Lending Market Revenue, Indonesia Peer to Peer Lending Market Share, Indonesia Peer to Peer Lending Market Size, Indonesia Peer to Peer Lending Regulations, Indonesia Peer to Peer Lending Report, Indonesia SME Financing Market, Interest Rate Indonesia P2P Lending Market, Investree P2P lending Loan Disbursed Indonesia, Koinworks P2P lending Market Revenue, Modlaku P2P lending Market size Indonesia, Number of Borrowers Registered Indonesia P2P Market, Number of Lenders Registered Indonesia P2P Market, OJK Licenses for Indonesia P2P Lending Analysis, P2P Lending Industry in Indonesia, P2P Lending Loan Disbursed Indonesia, P2P Lending Market in Indonesia, Peer to Peer Lending Industry in Indonesia, Peer to Peer Lending Industry Indonesia, Peer to Peer Lending Market in Indonesia, Peer to Peer Lending Market Indonesia, Third Party Technology Providers in P2P Market