KinerjaPay Corp (fka KPAY)

[John23V]

KPAY and how fast it can happen

Lets start with the story of Investree.

https://www.pressreader.com/malaysia/mint-asia-st/20160610/281870117712031

Established in October 2015

They got their p2p lending up and running and by May 2016 had disbursed 23 loans totaling Rp 6.8 billion ($486,200). This was before the OJK even set up the permitting process.

In June of 2106 Kejora Ventures funded them for an undisclosed amount. Kejora usually does around 2-3 million for first time funding.

By 9-30-16 they had lent out Rp 23.5 billion ($1,680,250). With zero defaults.

They got officially permitted on 5-31-17.

8-1-18 closed its series b funding round for $10 mil

By 8-1-18 Investree had disbursed Rp 1.04 trillion ($74,435,972.00). With zero defaults.

As of last disclosed numbers, they have disbursed Rp 3 trillion ($214,707,540.00). Not bad for 4 years in business. Their average rate of return on loans in around 16%.

They are currently setting up series c round of funding

My favorite part of the article "Before securing the funding commitment, Investree has been bootstrapping for almost a year, raising $500,000 for its initial stage development."

Bootstrapping, if that doesn't describe what weve been through, I don't know what does. Shows what can happen for KPAY. Even after 8 months Investree had only set up 23 loans. If KPAY runs this thing right, look at whats ahead. I've posted so many of these stories, they're all alike. Funding comes. It wont be a problem. We'll look back at the "awful" $3.5 mil in convertible notes and laugh. That could be wiped clean in the upcoming year. So many good things ahead.

If you waited this thing out congrats to you. You obviously have patience. It will take a little more patience, but this is where it all started today.