Tag "Modal Rakyat"

Indonesian P2P Lender Modal Rakyat Being Sued Over Loan Default Allegations

Indonesian peer-to-peer lending platform Modal Rakyat is facing a lawsuit filed in the South Jakarta district court on 20 February. According to a DealStreetAsia report, the P2P lender has been accused of defaulting on loans, putting the spotlight on its

Read More

Bank Rakyat Indonesia Partners Modal Rakyat to Bolster P2P Lending

Bank Rakyat Indonesia (BRI) has formed a partnership with Modal Rakyat, a fintech startup company that has grown incredibly fast in terms of funding value as well as numbers of lenders and debtors. As a state-owned bank that is focused

Read More