Crisis of confidence: Defaults mount across Indonesian P2P lending platforms

Crisis of confidence: Defaults mount across Indonesian P2P lending platforms

Photo credit: Pixabay

A growing crisis of loan defaults is rattling Indonesia’s peer-to-peer (P2P) lending industry, eroding lender confidence and spotlighting serious structural gaps in the system. While Investree has officially entered liquidation, platforms such as Akseleran, KoinWorks, and CROWDE are still locked in unresolved defaults, with no visible timeline for resolution.

Edited by: Pramod Mathew

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