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

President Jokowi (Photo by: BPMI Presidential Secretariat)

Kamis, 17 Juni 2021 - 14:52 WIB

President Jokowi Calls for Collaboration for Advanced Indonesia with Excellent Human Resources

President Joko “Jokowi” Widodo has urged all stakeholders to contribute to forge and prepare excellent Indonesian human resources by collaborating to realize the Merdeka Belajar (Freedom…

President Jokowi on Monday (14/06/2021) inspects mass COVID-19 vaccination at the Patriot Candrabhaga Stadium, Bekasi, West Java. Photo by: BPMI of Presidential Secretariat

Selasa, 15 Juni 2021 - 22:15 WIB

President Jokowi Inspects Mass COVID-19 Vaccination in Bekasi

President Joko “Jokowi” Widodo on Monday (14/06/2021) inspected mass COVID-19 vaccination at the Patriot Candrabhaga Stadium, Bekasi, West Java.

President Jokowi inspects mass COVID-19 vaccination at Pluit Dam, Jakarta. (14/06/2021). (Photo by: Press Media and Communication Bureau of Presidential Secretariat/Laily)

Selasa, 15 Juni 2021 - 20:31 WIB

President Jokowi Says Jakarta Must Provide 100,000 Doses of Vaccine Per Day

President Joko “Jokowi” Widodo Monday (14/06) inspected mass COVID-19 vaccination at Pluit dam in North Jakarta.

Minister of Cooperatives and SMEs Teten Masduki with Bandung Culinary Community at Orbital Dago, Bandung city, West Java province. (11/06/2021). (Photo by: PR of Ministry of Cooperatives and SMEs)

Selasa, 15 Juni 2021 - 19:00 WIB

Minister Urges SME Players to Build Joint Brand to Boost Competitiveness

It is important for businesses to achieve economies of scale to boost competitiveness, according to Minister of Cooperatives and Small and Medium Enterprises (SMEs) Teten Masduki. The Minister…

Minister of Manpower Ida Fauziyah delivered a statement in the Presidential Office, Monday, (10/8). Photo by: BPMI

Selasa, 15 Juni 2021 - 17:50 WIB

Gov’t Committed to Eliminating Child Labor: Minister

Minister of Manpower Ida Fauziyah has reaffirmed the Government’s commitment to eliminatie child labor. The Minister delivered the statement in her keynote speech at “End Child Labor: Virtual…