The fact of the matter is were in the lending business now.
In a market that is expanding rapidly. With the OJK rounding up all the illegal lenders. What's the overhead for this type of business? It's a cash printing machine.
Do I need to show you the data from everyone of these companies that is registered. Do yourself a favor, and pick 10 of them that got registered in late 2018, go to their homepage of their website and look at the numbers they post. If you think this is a world of make believe, think again. You can't assume a company like Cairin has funding coming out their ass, yet look at what they've done.
How about Ukuindo. Who the hell are they? I'll let you go check them out. It's right there on their home page. Got registered on 2-1-19. $11,320,751.76 in loans. 10 months. The company wasn't even established until November 12th 2018.
Start doing some research.