Indonesia Peer to Peer (P2P) Lending Market Outlook: Ken Research

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The report titled “Competition Benchmarking: Indonesia Peer-to-Peer Lending Market Outlook to 2024” provides a comprehensive analysis of Indonesia Peer-to-Peer Lending platform operators. The report covers various aspects including market overview, value chain analysis, market evolution, the market size of Peer-to-Peer Lending platforms on the basis of loans disbursed and market segmentation by location of loans disbursed in and outside Java, regulatory framework impacting the Indonesia market and competitive landscape. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and cautions for Indonesia Peer-to-Peer lending market.

Indonesia Peer-to-Peer Lending Market Overview

The Indonesia Peer-to-Peer lending market was observed to be at a nascent stage since the market was established in 2016 driven by a need to serve the under-banked and underserved businesses and customers in the remote regions of Indonesia. The regulations brought out by the Indonesian Financial Services Authority in 2016 outlined the operational and financial requirements for Peer-to-Peer lending platforms to operate. The market is fragmented with more than 100 platform operators currently registered with the OJK. The improvements in technology and internet connectivity will drive more platforms to establish and reach more customers.

Indonesia Peer-to-Peer Lending Market Size

Indonesia Peer-to-Peer Lending market size has seen major growth since its inception in 2016. The improvement in credit assessment techniques and the use of Artificial Intelligence and Machine learning techniques has driven the increase in borrower base due to more approvals. The Non-performing loans have also been at par with the Indonesian banks and in some cases lower. The number of platform operators has also nearly doubled every year and is poised to grow similarly in the future.

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The types of loans disbursed by these platforms are Working Capital loans, Consumptive loans, and Investment loans. Working capital loans occupy the major share for the type of loans since these loans are mostly disbursed to MSMEs.

Indonesia Peer-to-Peer Lending Market Segmentation

By Location of Loan Disbursed (Inside Java and Outside Java)

Loans disbursed inside Java dominated the Indonesia Peer-to-Peer lending market in 2018. Presence of established internet and mobile phone penetration in Java drove the loan disbursement in Java to be higher than outside Java.

Comparative Landscape in Indonesia Peer-to-Peer Lending Market

The Peer-to-Peer lending market in Indonesia was observed to be fragmented with the presence of a few international players from countries like China, Malaysia, and Singapore. It is relatively easier to enter into the Indonesian market as OJK has laid out guidelines to establish and operate. OJK also tests the operational reliability of the platforms for fraud susceptibility and platform failures due to technology. Investree, Modalku, and Koinworks were one of the first companies to gain OJK license and operate in Indonesia. Platforms compete with each other on parameters such as total loans disbursed, loans outstanding, non-performing loans, and borrower and lenders registered on their platforms.

Indonesia Peer-to-Peer Lending Market Future Outlook and Projections

It is further estimated that the Indonesia Peer-to-Peer lending market in terms of total loans disbursed will register a high CAGR growth for the period 2019-2024. The market is forecasted to grow owing to increased mobile phone and internet penetration to remote areas, increased financial and digital literacy, increase in e-commerce activity leading to more vendors opting for working capital loans, an influx of more operating platforms and greater partnerships of platforms with institutional investors such as banks and financial institutions.

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Indonesia Peer-to-Peer Lending Market Analysis

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Indonesia Peer-to-Peer Lending Market Research Report and Forecast: Ken Research

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How Indonesia Peer-To-Peer Lending Market Is Positioned?

Indonesia Peer-to-Peer lending market was observed to be at a nascent stage since the market was established in 2016 driven by a need to serve the under-banked and underserved businesses and customers in the remote regions of Indonesia. The regulations brought out by the Indonesian Financial Services Authority in 2016 outlined the operational and financial requirements for Peer-to-Peer lending platforms to operate. The market is fragmented with more than 100 platform operators currently registered with the OJK. The improvements in technology and internet connectivity will drive more platforms to establish and reach more customers.

The Indonesia Peer-to-Peer Lending market size has seen major growth since its inception in 2016. The nascent nature of the market, the market has more than doubled every year. The improvement in credit assessment techniques and the use of Artificial Intelligence and Machine learning techniques has driven the increase in borrower base due to more approvals. The Non-performing loans have also been at par with the Indonesian banks and in some cases lower. The number of platform operators has also nearly doubled every year and is poised to grow similarly in the future.

The types of loans disbursed by these platforms are Working Capital loans, Consumptive loans, and Investment loans. Working capital loans occupy the major share for a type of loans since these loans are mostly disbursed to MSMEs. Working capital loans dominate the type of loans disbursed by banks followed by Investment Loans and finally consumptive loans. Peer-to-Peer lending in Indonesia is a recent phenomena. In 2016, Modalku and Crowdo were one of the first companies to obtain regulatory clearance to operate their platforms.

Indonesia Peer-To-Peer Lending Market Overview

The growth in the Peer-to-Peer loan disbursal has seen a large rise in the period 2016-2018. The growth in loan disbursed can be attributed to increasing in mobile phone and internet penetration, two most important infrastructure required to reach the unbanked and underserved businesses and consumers. Working capital loans to SMEs constitute a major share of the total loan disbursed. Historically, due to lack of financial documentation and credit history has left this segment underserved in terms of credit access. The implementation of Big Data analytics and Artificial Intelligence, using non-financial data points such as e-commerce website trends, social media habits among others, by the platform operators provides an alternate method in a credit score Indonesia’s geography poses a significant obstacle for internet and mobile phone penetration as it comprises of more than 17,000 islands across a distance of 5,000 km west to east with unevenly distributed population.

Indonesia Peer-To-Peer Lending Market Segmentation

By Location of Loan Disbursed (Inside Java and Outside Java)

Loan disbursal inside Java was seen to dominate the Peer-to-Peer lending market in Indonesia during 2016-2018, due to the presence of banking system, internet infrastructure and a dominant share of Indonesian GDP. Loans disbursed were dominated by working capital loans. The remaining share was captured by outside Java geography. The growth in loans disbursed inside Java has grown at a CAGR of % in the period 2016-2018 and accounts for % of all loans disbursed by Peer-to-Peer lenders in Indonesia. The total loans disbursed inside Java was IDR Billion in 2018.

The growth in loans disbursed outside Java has grown at a CAGR of % in the period 2016-2018 and accounts for % of all loans disbursed by Peer-to-Peer lenders in Indonesia. The total loans disbursed outside Java was IDR Billion in 2018.

Comparative Landscape in Indonesia Peer-To-Peer Lending Market

The Peer-to-Peer lending market in Indonesia was observed to be highly fragmented with the presence of a few international players from countries like China, Malaysia, and Singapore. It is relatively easier to enter into the Indonesian market as OJK has laid out guidelines to establish and operate. OJK also tests the operational reliability of the platforms for fraud susceptibility and platform failures due to technology. Investree, Modalku, and Koinworks were one of the first companies to gain OJK license and operate in Indonesia. Platforms compete with each other on parameters such as total loans disbursed, loans outstanding, Non-performing loans and borrower and lenders registered on their platforms.

Indonesia Peer-To-Peer Lending Market Future Outlook and Projections

Over the forecast period 2019-2024, the market is estimated to continue growing in terms of loans disbursed and a number of borrowers and lenders participating in the market. The market is expected to grow on the back of improved internet and mobile phone infrastructure. Adoption of digital services on the back of increased e-commerce activities will invite more borrowers and lenders. More platforms are expected to start operations outside of the Java region as the majority of the underserved businesses lie here. Partnerships between various entities involved in the market ecosystem will also increase data sharing and improvement in product and service offering of these entities.

Key Segments Covered:-

By Location of Loan Disbursed

Inside Java

Outside Java

Key Target Audience

Existing Peer-to-Peer Lending Platforms

New Market Entrants- Domestic Platforms

New Market Entrants- International Platforms

Banks and Financial Institutions

Government Bodies

Investors & Venture Capital Firms

Third Party Technology Providers

MSMEs and E-commerce Sellers

Time Period Captured in the Report:-

Historical Period: 2016 -2018

Forecast Period: 2019-2024

Companies Covered:-

Investree

Modalku

Koinworks

Danamas

Mekar

Crowde

Crowdo

Akseleran

Aktivaku

Amartha

Keywords:-

Government Bodies P2P Market Indonesia

Third Party Technology Providers in P2P Market

Peer to Peer Lending Market in Indonesia

Indonesia P2P Lending Industry

Number of Lenders Registered Indonesia P2P Market

Interest Rate Indonesia P2P Lending Market

Indonesia Long Term Interest Rate

Indonesia Peer to Peer Lending Market Platforms

Indonesia Peer to Peer Lending Regulations

Indonesia SME Financing Market

Peer to Peer Lending Market Indonesia

To Know More, Click On The Link Below:-

Indonesia Peer-to-Peer Lending Market Outlook

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Contact Us:-
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Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com

+91-9015378249

Growth in Indonesia Peer-to-Peer lending Market is driven by Demand in Java Region, surge in Number of MSMEs and supportive regulations: Ken Research

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“Increase in mobile and internet penetration along with the adoption of digital technology and improvement in credit-assessment related technology has driven the increase in borrower base and an increase in loan disbursement.”

Analysts at Ken Research in their latest publication “Competition Benchmarking: Indonesia Peer-to-Peer Lending Market Outlook to 2024” believe growth in e-commerce activity driving seller activity, adoption, and integration of digital technology with e-commerce, entry of new platform operators and their ability to cover a wider geography, improvement in the internet and mobile phone penetration and increased participation of banks and financial institutions are some of the factors that will drive the market to register a near 50% CAGR in terms of loan disbursement for the period 2019-2024.

Growth within Java: Loans disbursed in Java have dominated the Indonesia Peer-to-Peer lending market. Share and growth in loans disbursed in the Java region have increased for the period 2016-2018. Java accounts for a majority of the economic activity in Indonesia. Other factors such as, population, literacy rates, and a number of lenders and borrowers and the presence of banking system and increase in mobile phone and internet penetration helped accelerate the growth in loans.

Funding MSME: SMEs in Indonesia face a USD 75 Billion funding gap. Banks’ reluctance to fund these businesses on account of the risk they have given rise to the development of the Peer-to-Peer lending industry The use of unconventional data to assess borrower risk has given rise to a new form of credit assessment as opposed banks’ traditional system. Investors have been drawn to these platforms for their attractive returns and low commission charges.

With mobile phone penetration, the industry is expected to scale to ~IDR 430 trillion in terms of loans disbursed by 2023. The problem of financial inclusion still persisted due to lack of financial literacy. This was tackled by means of collaborating with different partners like banks, e-commerce and payment platforms to reach a wider audience.

Supportive Regulatory Environment: The Indonesia regulatory authority, OJK, has promptly introduced regulations, learning from the mistakes of the Chinese authorities. OJK has introduced two regulations since 2016 to combat the problem of illegal and unreliable P2P platforms. The process of registration is a two-stage process. The first stage is a registration with intent to operation. The second stage is licensing, where a company has to prove operational reliability with respect to platform risk mitigation, customer data safety, and fraud detection and prevention. In addition to the second regulation, the authority has set up a Sandox system where registered platforms can go through an operational reliability test to find weaknesses.

Key Segments Covered:-

By Location of Loan Disbursed

Inside Java

Outside Java

Key Target Audience

Existing Peer-to-Peer Lending Platforms

New Market Entrants- Domestic Platforms

New Market Entrants- International Platforms

Banks and Financial Institutions

Government Bodies

Investors & Venture Capital Firms

Third-Party Technology Providers

MSMEs and E-commerce Sellers

Time Period Captured in the Report:-

Historical Period: 2016 -2018

Forecast Period: 2019-2024

Companies Covered:-

Investree

Modalku

Koinworks

Danamas

Mekar

Crowde

Crowdo

Akseleran

Aktivaku

Amartha

Keywords:-

Government Bodies P2P Market Indonesia

Third Party Technology Providers in P2P Market

Indonesia MSMEs and E-commerce Sellers P2P Market

Indonesia Long Term Lending Market

Indonesia P2P Lending Market

Peer to Peer Lending Industry Indonesia

Indonesia P2P Lending Commission Margin Size

Number of Borrowers Registered Indonesia P2P Market

Indonesia Peer to Peer Lending Market Partners

Peer to Peer Lending Market in Indonesia

Indonesia P2P Lending Industry

Number of Lenders Registered Indonesia P2P Market

Interest Rate Indonesia P2P Lending Market

Indonesia Long Term Interest Rate

Indonesia Peer to Peer Lending Market Platforms

Indonesia Peer to Peer Lending Regulations

Indonesia SME Financing Market

Peer to Peer Lending Market Indonesia

To Know More, Click On The Link Below:-

Indonesia Peer-to-Peer Lending Market Outlook

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Philippines Financial Brokerage Market Outlook to 2023 – By Equity on Basis of Transaction Value, By Transaction Mode (Online & Offline), By Basis of Time of Delivery (Intraday & Delivery Based), By Type of Investor (Domestic & FII)

Indonesia Financial Brokerage Market Outlook to 2023 - By Equity and Debt Investments Traded Value, Revenue, and Frequency of Transactions and By Local and Global Brokerage Firms

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com

+91-9015378249

Indonesia Peer-to-Peer Lending Market Outlook to 2024: Ken Research

Buy Now

The report titled “Competition Benchmarking: Indonesia Peer-to-Peer Lending Market Outlook to 2024” provides a comprehensive analysis of Indonesia Peer-to-Peer Lending platform operators. The report covers various aspects including market overview, value chain analysis, market evolution, the market size of Peer-to-Peer Lending platforms on the basis of loans disbursed and market segmentation by location of loans disbursed in and outside Java, regulatory framework impacting the Indonesia market and competitive landscape. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and cautions for Indonesia Peer-to-Peer lending market.

Indonesia Peer-to-Peer Lending Market Overview

The Indonesia Peer-to-Peer the lending market was observed to be at a nascent stage since the market was established in 2016 driven by a need to serve the under-banked and underserved businesses and customers in the remote regions of Indonesia. The regulations brought out by the Indonesian Financial Services Authority in 2016 outlined the operational and financial requirements for Peer-to-Peer lending platforms to operate. The market is fragmented with more than 100 platform operators currently registered with the OJK. The improvements in technology and internet connectivity will drive more platforms to establish and reach more customers.

Indonesia Peer-to-Peer Lending Market Size

Indonesia Peer-to-Peer Lending market size has seen major growth since its inception in 2016. The improvement in credit assessment techniques and the use of Artificial Intelligence and Machine learning techniques has driven the increase in borrower base due to more approvals. The Non-performing loans have also been at par with the Indonesian banks and in some cases lower. The number of platform operators has also nearly doubled every year and is poised to grow similarly in the future.

The types of loans disbursed by these platforms are Working Capital loans, Consumptive loans, and Investment loans. Working capital loans occupy the major share for the type of loans since these loans are mostly disbursed to MSMEs.

Indonesia Peer-to-Peer Lending Market Segmentation

By Location of Loan Disbursed (Inside Java and Outside Java)

Loans disbursed inside Java dominated the Indonesia Peer-to-Peer lending market in 2018. Presence of established internet and mobile phone penetration in Java drove the loan disbursement in Java to be higher than outside Java.

Comparative Landscape in Indonesia Peer-to-Peer Lending Market

The Peer-to-Peer lending market in Indonesia was observed to be fragmented with the presence of a few international players from countries like China, Malaysia, and Singapore. It is relatively easier to enter into the Indonesian market as OJK has laid out guidelines to establish and operate. OJK also tests the operational reliability of the platforms for fraud susceptibility and platform failures due to technology. Investree, Modalku, and Koinworks were one of the first companies to gain OJK license and operate in Indonesia. Platforms compete with each other on parameters such as total loans disbursed, loans outstanding, Non-performing loans, and borrower and lenders registered on their platforms.

Indonesia Peer-to-Peer Lending Market Future Outlook and Projections

It is further estimated that the Indonesia Peer-to-Peer lending market in terms of total loans disbursed will register a high CAGR growth for the period 2019-2024. The market is forecasted to grow owing to increased mobile phone and internet penetration to remote areas, increased financial and digital literacy, increase in e-commerce activity leading to more vendors opting for working capital loans, an influx of more operating platforms and greater partnerships of platforms with institutional investors such as banks and financial institutions.

Key Segments Covered:-

By Location of Loan Disbursed

Inside Java

Outside Java

Key Target Audience

Existing Peer-to-Peer Lending Platforms

New Market Entrants- Domestic Platforms

New Market Entrants- International Platforms

Banks and Financial Institutions

Government Bodies

Investors & Venture Capital Firms

Third-Party Technology Providers

MSMEs and E-commerce Sellers

Time Period Captured in the Report:-

Historical Period: 2016 -2018

Forecast Period: 2019-2024

Companies Covered:-

Investree

Modalku

Koinworks

Danamas

Mekar

Crowde

Crowdo

Akseleran

Aktivaku

Amartha

Key Topics Covered in the Report:-

Indonesia Peer-to-Peer Lending Market Value Chain Analysis

Indonesia Peer-to-Peer Lending Market Overview

Indonesia Peer-to-Peer Lending Market Ecosystem

Indonesia Peer-to-Peer Lending Market Future and Projections

Regulatory Framework in Indonesia Peer-to-Peer Lending Market

Issues and Challenges in Indonesia Peer-to-Peer Lending Market

Competitive Landscape in Indonesia Peer-to-Peer Lending Market

Analyst Recommendations

Case Study for Successful P2P Lending Startup

Case Study for Failure P2P Lending Startup in Indonesia

To Know More, Click On The Link Below:-

Indonesia Peer-to-Peer Lending Market Outlook

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India Financial Brokerage Market Outlook to 2020 - Evolvement of Discount Brokers and Robust Trading Volume to Prosper Market Growth

Philippines Financial Brokerage Market Outlook to 2023 – By Equity on Basis of Transaction Value, By Transaction Mode (Online & Offline), By Basis of Time of Delivery (Intraday & Delivery Based), By Type of Investor (Domestic & FII)

Indonesia Financial Brokerage Market Outlook to 2023 - By Equity and Debt Investments Traded Value, Revenue and Frequency of Transactions and By Local and Global Brokerage Firms

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com

+91-9015378249