Pinjam

lendingonline loans

FOUNDING YEAR: 2015
LOCATION: Indonesia
Last Update: 17/07/2020

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About

Pinjam is an Indonesia-based online platform which offers loans against collateral. Its online real-time valuation technology helps the borrowers receive a valuation estimation for their collaterals before they officially apply for the loan. The platform has a focus on small businesses and migrant workers. The company is registered with the Financial Services Authority (OJK).

Focus

PRODUCTS & SERVICES

The platform offers online loans against collateral to individuals and small businesses. The platform offers a flexible repayment schedule on a weekly interest basis. It accepts various collaterals like golds, diamonds, jewellery, electronic items, mobile phones, laptops, cameras, and motorbikes, etc. It also offers capital leases to businesses. The business loans have a typical approval time of 2-3 days, with upto 85% of the collateral value being offered as the loan amount.

REVENUE MODEL

The company earns revenue by charging an interest on the loan amount. It charges 1.75% flat monthly interest to business borrowers.

MAIN CLIENTS

Retail borrowers and small businesses.

EXISTING PARTNERSHIPS

Maybank

Hongleong bank

Public Bank

CIMB Bank

RHB Bank

BSN

Am bank Group

OCBC Bank

UOB

HSBC

People

FOUNDERS

Teguh B Ariwibowo

Romeo B.S. Reijman

Sofian Hadiwijaya

NUMBER OF EMPLOYEES

1-10

Momentum

FUNDED

NO

DATE OF LAST FUNDING

2016

TOTAL FUNDING COMMENT

The company is planning use its funds to hire talent, develop technology, product, mobile app, as well as to expand throughout Java and Bali. (Jun. 2018)

LISTED

NO

BASICS

FOUNDING YEAR:

2015

LOCATION:

Indonesia

Views:

68 VISITORS | 108 VIEWS
TOTAL EMPLOYEES
1-10

About

Pinjam is an Indonesia-based online platform which offers loans against collateral. Its online real-time valuation technology helps the borrowers receive a valuation estimation for their collaterals before they officially apply for the loan. The platform has a focus on small businesses and migrant workers. The company is registered with the Financial Services Authority (OJK).

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