Easy.
2018 disbursed $1,635,145,600
2019 through November $5,378,806,400
Add in December were over $6 billion
About a 3.75x multiple
2020 projection $15-20 billion
2021 projection over $30 billion
As these companies keep up with the push for financial inclusion, and moving into more and more rural areas, and more and more millennials looking for a way to make some interest money that they cant get through a bank account. P2P has been accepted now. Were about 3 years in of legal P2P, its not going anywhere, and its not going to shrink. I can't wait until the AFPI gets its report back to the OJK and we end up with a finite number of licenses. Were in the game.
