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John23V

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John23V

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Thursday, 12/26/2019 9:16:18 AM

Thursday, December 26, 2019 9:16:18 AM

Post# of 11958
$30.63 billion by 2024

https://asianbankingandfinance.net/financial-technology/news/indonesian-p2p-lenders-disburse-3063b-in-loans-2024

lets say the OJK caps the lenders at 200 (guessing)

30,630,000,000 / 200 = $153,150,000 per company in loans

Lets say they cap it at 500 (guessing)

30,630,000,000 / 500 = $61,260,000 per company in loans

Lets say they cap it at 1000 (guessing)

30,630,000,000 / 1000 = $30,630,000 per company in loans

This year the list went from 88 to 164. So even if the OJK ramps up it's approval process what can you expect? 10 new registrations a month? Keep in mind they have to oversee these companies. I don't think they want so many registrations at once. Also has to do with the cap. They learned what a disaster China's p2p turned out to be unregulated.

All we need is a piece of the growing pie.
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