KrediFazz obtains Indonesian P2P license for loan service

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KrediFazz, a subsidiary of FinAccel that operates as a P2P lending fintech, has officially been granted a business license from the Financial Services Authority (OJK) by decree of the OJK Board of Commissioners Number: KEP-81 /D.05 / 2021 dated August 24, 2021.

KrediFazz, a fintech company with a mission to provide fast, affordable and accessible financial services, has now become a licensed P2P lending fintech company.

KrediFazz CEO Alie Tan said: “Amid the growing popularity of fintech among clients, especially in the lending area, the P2P lending license obtained by KrediFazz is a priority for us to strengthen our position as a credible and trusted fintech lending company in Indonesia. We hope that KrediFazz can be the right solution for people who need access to credit and can bring benefits in cash flow management for individuals and micro, small and medium enterprises. “

Responding to the event, Indonesian FinTech Joint Financing Association (AFPI) Executive Director Kuseryansyah said: be used to further promote financial literacy to the public, especially to educate them to use the services fintech for the better, make people aware to choose only platforms that have been registered and supervised by OJK. In the future, we hope that public confidence in fintech loans will continue to grow from time to time. “

A P2P lending fintech can only function legally after being registered and licensed from the OJK. This means that from now on, KrediFazz will be able to further realize its ambition to expand access to safe, convenient and affordable credit for communities in Indonesia, especially those with very limited access to banking services ( underbanked). The license also marks an important step for KrediFazz to continue its efforts to promote financial literacy to the public. As the company witnesses the growing demand for fintech services amid this pandemic, KrediFazz understands the urgency to educate the market to only use the services of legal fintech lending entities and to avoid illegal traps.


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