Debt

Information armament in China

By Colonel R Hariharan In the biggest cleanup since Covid-19 was brought under control, China recently launched a multi-pronged regulatory crackdown on a wide range of industries, raising many uncertainties. It can be interpreted as the Chinese Communist Party (CCP) in President Xi Jinping’s way of reminding tech giants and …

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What the founders of Indian startups listed and about earn

Vijay Sanghi of CarTrade, with an annual remuneration of 5.21 Cr INR, made him the highest paid founder While Ritesh Aggarwal from OYO has a compensation of 1.06 Cr INR, his salary at OYO Singapore, as Global CEO since 2019, has been increased to 4.45 Cr INR. Vijay Shekhar Sharma, …

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Upstart, Funding Circle, Prosper, CircleBack Lending, Peerform, Lending Club, Zopa, Daric, Pave, Mintos, etc. – The host

Thorough primary and secondary research of the online loan market involves a wide range of information effectively defining each aspect crucial for business workflow and industry growth and development. The report comprises a review of broad growth drivers and derivatives as well as aspects representing market metrics including market size, …

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Breaking the trap of illegal lending – ANTARA News

“Ting,” a short message, or text message, ringing on Antara’s cell phone turned out to be an offer to lend money. Most people often receive messages from unknown phone numbers that have great deals. “We are offering Rp 5-500 million with simple requirements. Contact us via WA 081XXXXXXXXX,” according to …

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LBH Jakarta to take legal action against Jokowi for online loan

TEMPO.CO, Jakarta – The Jakarta Legal Aid Institute (LBH Jakarta) was planning to file a lawsuit in the Jakarta Central District Court against President Joko “Jokowi” Widodo, Vice President Ma’ruf Amin, Ministry of Communication and Information, the Financial Services Authority (OJK), and the House of Representatives (DPR). ” It’s planned …

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Under presidential decree, Indonesia is at war with online loan sharks

As Indonesia’s fintech ecosystem matures, criminals are also developing ways to do business in space. This has led to the victimization of unintentional users, and the problem is widespread. The IT ministry blocked 1,856 unlicensed fintech lending platforms in 2021 and nearly 4,900 illegal lending platforms since 2018. However, this …

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