Indonesia Peer-to-Peer Lending Market Research Report and Forecast: 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 Indonesia Peer-to-Peer lending market was observed to be at a nascent stage since the market was established in 2016 driven by a need to serve the under-banked and underserved businesses and customers in the remote regions of Indonesia. The regulations brought out by the Indonesian Financial Services Authority in 2016 outlined the operational and financial requirements for Peer-to-Peer lending platforms to operate. The market is fragmented with more than 100 platform operators currently registered with the OJK. The improvements in technology and internet connectivity will drive more platforms to establish and reach more customers. The Indonesia Peer-to-Peer Lending market size has seen major growth since its inception in 2016. The nascent nature of the market, the market has more than doubled every year. The improvement in credit assessment techniques and the use of Artificial Intelligence and Machine learning techniques has driven the increase in borrower base due to more approvals. The Non-performing loans have also been at par with the Indonesian banks and in some cases lower. The number of platform operators has also nearly doubled every year and is poised to grow similarly in the future. The types of loans disbursed by these platforms are Working Capital loans, Consumptive loans, and Investment loans. Working capital loans occupy the major share for a type of loans since these loans are mostly disbursed to MSMEs. Working capital loans dominate the type of loans disbursed by banks followed by Investment Loans and finally consumptive loans. Peer-to-Peer lending in Indonesia is a recent phenomena. In 2016, Modalku and Crowdo were one of the first companies to obtain regulatory clearance to operate their platforms. Indonesia Peer-To-Peer Lending Market Overview The growth in the Peer-to-Peer loan disbursal has seen a large rise in the period 2016-2018. The growth in loan disbursed can be attributed to increasing in mobile phone and internet penetration, two most important infrastructure required to reach the unbanked and underserved businesses and consumers. Working capital loans to SMEs constitute a major share of the total loan disbursed. Historically, due to lack of financial documentation and credit history has left this segment underserved in terms of credit access. The implementation of Big Data analytics and Artificial Intelligence, using non-financial data points such as e-commerce website trends, social media habits among others, by the platform operators provides an alternate method in a credit score Indonesia’s geography poses a significant obstacle for internet and mobile phone penetration as it comprises of more than 17,000 islands across a distance of 5,000 km west to east with unevenly distributed population. Indonesia Peer-To-Peer Lending Market Segmentation By Location of Loan Disbursed (Inside Java and Outside Java) Loan disbursal inside Java was seen to dominate the Peer-to-Peer lending market in Indonesia during 2016-2018, due to the presence of banking system, internet infrastructure and a dominant share of Indonesian GDP. Loans disbursed were dominated by working capital loans. The remaining share was captured by outside Java geography. The growth in loans disbursed inside Java has grown at a CAGR of % in the period 2016-2018 and accounts for % of all loans disbursed by Peer-to-Peer lenders in Indonesia. The total loans disbursed inside Java was IDR Billion in 2018. The growth in loans disbursed outside Java has grown at a CAGR of % in the period 2016-2018 and accounts for % of all loans disbursed by Peer-to-Peer lenders in Indonesia. The total loans disbursed outside Java was IDR Billion in 2018. Comparative Landscape in Indonesia Peer-To-Peer Lending Market The Peer-to-Peer lending market in Indonesia was observed to be highly fragmented with the presence of a few international players from countries like China, Malaysia, and Singapore. It is relatively easier to enter into the Indonesian market as OJK has laid out guidelines to establish and operate. OJK also tests the operational reliability of the platforms for fraud susceptibility and platform failures due to technology. Investree, Modalku, and Koinworks were one of the first companies to gain OJK license and operate in Indonesia. Platforms compete with each other on parameters such as total loans disbursed, loans outstanding, Non-performing loans and borrower and lenders registered on their platforms. Indonesia Peer-To-Peer Lending Market Future Outlook and Projections Over the forecast period 2019-2024, the market is estimated to continue growing in terms of loans disbursed and a number of borrowers and lenders participating in the market. The market is expected to grow on the back of improved internet and mobile phone infrastructure. Adoption of digital services on the back of increased e-commerce activities will invite more borrowers and lenders. More platforms are expected to start operations outside of the Java region as the majority of the underserved businesses lie here. Partnerships between various entities involved in the market ecosystem will also increase data sharing and improvement in product and service offering of these entities. 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 Keywords:- Government Bodies P2P Market Indonesia Third-Party Technology Providers in P2P Market 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