Daerah Khusus Ibukota Jakarta Daerah Khusus Ibukota Jakarta
18 Oct, 2019
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).
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.
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Retail borrowers and small businesses.
Maybank, Hongleong bank, Public Bank, CIMB Bank, RHB Bank, BSN, Am bank Group, OCBC Bank, UOB, HSBC
MEDICI analysts will analyze Pinjam soon
Insufficient information for accurate analysis
DATE OF LAST FUNDING:
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)
eenupvgjqkClosed: Jun 2016
SERIES A :
An undisclosed amount of funding was raised through undiscloed local investors. (Jun. 2016)