Three Years of Establishing, EasyCash Finally Obtained OJK Permit
Established on July 31, 2018 or nearly three years in Indonesia, PT Indonesia Fintopia Technology (Fintopia) through EasyCash service has finally obtained the Financial Services Authority (OJK) license.
Previously, the company was only registered with an independent institution that regulated and supervised the financial services sector. Since it was first established in Indonesia, the company claims to have continued to strive to comply with regulations and regulations made by the Indonesian government.
“We are very grateful to the regulator (OJK) for their trust and we are committed to continuing to maintain this trust by following the applicable regulations and regulations,” said Liu Yongyan, Co-Founder and CEO of Fintopia Global Group in his statement, Monday (11/1/2021).
Through the EasyCash service, Fintopia always provides information technology-based lending and borrowing services (peer to peer lending / P2P lending) which can provide a sense of security and comfort to the people of Indonesia.
ISO Certificate and Support UMKM
Not only that, but EasyCash service has also received ISO 27001: 2013 certificate. For information, this certification is an international standard in implementing an information security management system or commonly known as Information Security Management Systems (ISMS).
In developing EasyCash services, Fintopia pays attention to efforts to build an information technology-oriented platform. This is intended to be able to meet funding needs quickly, comfortably, and easily accessible to the Indonesian people.
In addition, Fintopia also encourages micro, small, and medium enterprises (MSMEs) to develop, so that they can become the driving force of the national economy.
“We are committed to continuing to provide better financial services in the future, particularly lending to help the development of MSMEs in Indonesia,” said Fitri as President Director of Fintopia.
As is known, currently P2P lending services are mushrooming in Indonesia. Of the many services in circulation, OJK noted that only 149 services were registered. Of these 149 services, only 37 have official OJK permits.
Recognizing Illegal Fintech in Indonesia
People are vulnerable to becoming victims of fraud along with fraudulent practices, especially in the midst of difficult economic situations, especially due to the pandemic. One of the cases that occurred was someone claiming to be marketing for a fintech lending company offering a loan with a certain amount.
Regarding this, the Financial Services Authority (OJK) had urged the public to always take advantage of legal fintech lending technology services, if they need funds. Investree Co-Founder & CEO Adrian Gunadi explained that currently there are many fraudulent people taking advantage of difficult economic conditions.
“I urge the public to be careful in accepting offers from fintech lending companies because many of us have become victims of fraud on behalf of fintech lending,” said the man who is also the Chairman of the Indonesian Joint Funding Fintech Association (AFPI).
Adrian also emphasized that the community must increase vigilance so that they do not get trapped and deal with illegal fintech lending. The public, he said, could first check the validity of the service through the official page www.ojk.go.id or https://afpi.or.id/peng Complaints.
In addition, to increase awareness, Adrian encourages the public to know the characteristics of illegal fintech lending, including the following:
1. The company does not have a license from the OJK.
2. The company is not registered as a member of the Indonesian Joint Funding Fintech Association (AFPI) as the official association that houses this industry.
3. The company imposes huge fees and fines that are not transparent.
4. The company is not subject to OJK Regulations (POJK) and is potentially not subject to other applicable laws and regulations.
5. The company has no experience in running fintech operations.
6. The company does not follow ethical and regulatory billing procedures. Charges often occur in harsh ways, tend to be threatening, inhuman, and against the law.