Crowdo Distributes Foreign Investment Fund of Rp100 Billion

By : Herry Barus And Aldo Bella Putra | Saturday, June 02 2018 - 14:00 IWST

Cally Alexandra, General Manager Crowdo Indonesia (Foto: Dok. Industry.co.id)
Cally Alexandra, General Manager Crowdo Indonesia (Foto: Dok. Industry.co.id)

INDUSTRY.co.id - Jakarta - Crowdo Indonesia's peer-to-peer lending (P2P) service company has disbursed Rp100 billion of foreign investment funds as of the first quarter of 2018.

Through press releases received in Jakarta, Friday (1/6/2018), the channeling of funds through Crowdo platform is dedicated to small and medium enterprises (SMEs) with a total of more than 3,500 projects.

General Manager of Crowdo Indonesia Cally Alexandra assessed the foreign investment funding by Crowdo helped SMEs in Indonesia to grow and encourage economic movement.

He said foreign investment funds have an important role in the development of Crowdo Indonesia, without putting aside the role of Indonesian lenders.

Through the online lending system in Crowdo, foreign investors can now more easily invest in small business units in Indonesia.

"And with the success of Crowdo achieve ISO 27001: 2013 certification, it is expected that lenders are now increasingly confident in providing loans, both lenders in Indonesia, and from outside," said Cally.

Crowdo Indonesia has obtained ISO 27001: 2013 Certificate on Information Security Management System (SMKI) for financial data management.

The certification is in compliance with the Regulation of the Minister of Communication and Information Technology Number 4 Year 2016 on the ISMS and compliance with the Financial Services Authority (OJK).

In Indonesia, Crowdo has been operating officially since 2016 and has helped finance more than 3,500 projects throughout 2017 with more than 38,000 members globally. Crowdo has also been able to incise business growth of more than 400 percent throughout 2017.

News Comment

Today's Industry

Southeast Asia TRENDER Report 2020

Kamis, 03 Desember 2020 - 13:15 WIB

ZALORA Launches Inaugural Southeast Asia TRENDER Report

The report seeks to answer retail e-commerce conundrums for fashion, beauty and lifestyle segments in the region that have been further fuelled by the ongoing pandemic.

PATA Face of the Future 2021

Kamis, 03 Desember 2020 - 12:15 WIB

Submissions Invited for PATA Face of the Future 2021

PATA is a not-for-profit membership association that acts as a catalyst for the responsible development of travel and tourism to, from and within the Asia Pacific region.

Hotel Resonance Taipei, Tapestry Collection by Hilton

Kamis, 03 Desember 2020 - 11:45 WIB

Hilton Launches First Hotel under Tapestry Collection in Asia Pacific

Square International Stays Corp, a subsidiary of Prince Housing & Development Corp, under a franchise agreement with Hilton.

Daniel J. Blanchett is an English and Emotional Intelligence lecturer at President University in Cikarang and is currently pursuing a Masters in Management Technology

Selasa, 01 Desember 2020 - 06:00 WIB

Leveraging Business Opportunities through the Push-Pull-Moring Model in a COVID-19 World

Utilizing the Push, Pull, Mooring model (PPM) businesses can identify and take advantage of customer dissatisfaction in the marketplace by competitors.

Oleg Mogilevsky - Product Marketing Manager at Check Point Software Technologies (Photo by Linkedin)

Selasa, 10 November 2020 - 11:00 WIB

Five Reasons to Reevaluate Your Endpoint Protection

With the new emerging threats caused by remote working standards, security professionals need to reevaluate their approach to protecting endpoints. In order to do so, it’s vital that organisations…