KinerjaPay Corp (fka KPAY)

[John23V]

OJK to help spur on the development of the p2p industry this year.

Everyone has KPAY fatigue. We cant get an update on how KFUND is doing, but the OJK at least continues to help these companies grow.

The article is from yesterday "To spur Indonesia’s fintech development, the OJK is preparing several new policies, Wimboh told the Jakarta Post in September. “We will launch them before year-end,” he said, without elaborating on the proposed policies further.

The OJK is also exploring possible fintech partnerships with other Southeast Asian countries, Wimboh said."

He is more than likely talking about 2020 to enact the new policies. I'll keep watching to see what they propose. If I had to guess, one of them will be the push to partner with banks.

Also like to see what they have in store to open doors to other countries. I think the other countries are viewing the way the
OJK/AFPI has handled the p2p industry in Indonesia and see it as a model. If it's good enough for the OJK, its good enough for them.

https://www.welltrado.com/blog/p2p-lending-is-booming-in-indonesia/