KinerjaPay Corp (fka KPAY)

[John23V]

Getting real about the P2P competition.

~Koinworks, the biggest in Indonesia. Been around for 3 years. To date has raised a whopping $28.5 million dollars through 2 rounds of funding.

https://techcrunch.com/2019/06/25/koinworks-indonesia-seriesb/

~Modalku/Funding Societies, started in 2016. To date has raised $37 million through 2 rounds of funding. By year end 2019 expects to give out a million loans, with a dispersed value of $700 million.

http://www.theasianbanker.com/updates-and-articles/p2p-lender-modalku-grows-to-disburse-1-million-loans

~Investree, started in 2015. Round 1 of funding was between $2-$5 million. Round 2 of funding was $10 million. Now seeking a third round of funding. From article : "Before securing the funding commitment, the company has been bootstrapping for almost a year, raising $500,000 for its initial stage development."

https://theinsiderstories.com/indonesias-investree-gets-series-b-funding-us10m/

If you can't understand yet what even $7.5 million could do for KPAY/KFUND, you're lost. Does this competition look all that far ahead? When Koinworks is getting excited over it's last round of raising $12 million. If you secure even $25 million, your probably in the top 5. Pay off whats left of the convertibles, market the hell out of it, and away we go.