2. Is TunaiKita a legitimate business? How is it recognized and regulated by Indonesian authorities?
Right now, TunaiKita is officially registered and monitored by Otoritas Jasa Keuangan (OJK). TunaiKita acts as an arranger under OJK’s POJK/77 peer-to-peer licensing framework to arrange unsecured loans between peer lenders and consumer borrowers. As part of POJK/77, TunaiKita is required to report its financial accounts and loan data to OJK on a monthly basis.
Founded in Jan 2017, PT. Digital Tunai Kita (TunaiKita) is a joint venture between JAS Kapital (JASK) and Kresna Usaha Kreatif (KUK). TunaiKita combines first principles of finance, mobile technology, big data and machine learning for faster and better credit evaluation and loan application underwriting.
TunaiKita uses best-in-class technology platform and online loans expertise with JASK’s and KUK’s market knowledge and local know-how in order to better serve your credit needs. TunaiKita has adapted proven lending robot to enable better living through responsible credit for Indonesians.
TunaiKita works closely with financial institutions as peer lenders to improve consumers’ online access to loans while decreasing non-performing loans by up to 70%.