Financing Outstanding Continues to Advance, Check out How Fintech Mitigates Risk

As the development of technology and the use of financial technology (fintech) applications expands, the outstanding loans of this industry are also increasing. Fintech industry players have prepared risk mitigation.

The Financial Services Authority (OJK) noted that the outstanding value of peer to peer (P2P) lending or community online loans (pinjol) reached IDR 87.61 trillion as of August 2025, an increase of 21.62% compared to the same period last year which was IDR 72.03 trillion.

This high level of public lending must be a major concern for fintech business actors; a strategy is needed to prevent defaults so that companies can survive.

VP of Public Relations at Amartha, Harumi Supit, said that her party has been using data and understanding built over 15 years in the field, Amartha also uses AI technology to process data in detail.

“Amartha's segment is quite unique compared to other fintech players where we focus on serving communities in rural areas for working capital needs,” she told SUAR in Jakarta (10/14).

According to a survey by the Indonesian Fintech Association (Aftech) in 2024, 97% of the members surveyed admitted to only serving the island of Java, while more than 60 percent of Amartha's portfolio is in Sumatra, Kalimantan, Sulawesi, Bali Nusa Tenggara.

They also expressed their gratitude to the OJK and BI for their efforts in promoting more equitable financial inclusion. Amartha's portfolio is also highly diversified in terms of the number of partners, geographical distribution, and business sectors run by the partners, which in itself mitigates risk.

Growth in financing distribution was also recorded by other fintech, namely Komunal. To date, Komunal has collaborated with more than 376 BPRs spread across 71 regencies/cities in 24 provinces.

Since its establishment, obtaining an OJK license on June 2, 2021, and until now, Komunal has participated in financing UMKM for a total of up to Rp6.42 trillion. Through financing and assistance from Komunal, the UMKM have recorded an increase in income of up to 25%.

Chief Executive Officer (CEO) of Komunal, Hendry Lieviant, said that his party chose a business development strategy through collaboration with BPRs. Komunal has a goal to increase financial inclusion and access to financing in tier 2, tier 3, and tier 4 cities in Indonesia.

Through collaboration with these 376 BPRs, Komunal has financed more than 11,410 UMKM. Approximately 98% of the financing is aimed at micro-enterprises, and 30% of these are businesses owned and managed by women.

Controlled Credit Risk

The Chief Executive Supervisor of Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Services Institutions of OJK, Agusman, conveyed that loan growth remains coupled with controlled credit risk.

"The aggregate credit risk level or TWP90 is at 2.62 percent," said Agusman in a press conference on the results of the OJK Monthly Board of Commissioners Meeting, Thursday (9/10/2025).

TWP90 stands for Tingkat Wanprestasi 90 hari (90-day Default Rate), a metric used in the fintech lending industry to measure the rate of loans that are in default for more than 90 days from the due date. This figure shows the percentage of total non-performing loans and is very important for investors to evaluate the performance and risk of a P2P lending platform.