As the development of technology and the use of financial technology (fintech) applications expand, 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 online debt loans (pinjol) reached Rp87.61 trillion as of August 2025, an increase of 21.62% compared to the same period last year of Rp72.03 trillion.
The high level of community lending should be a major concern for fintech businesses, a strategy is needed to prevent defaults so that the company can survive.
Amartha VP Public Relation Harumi Supit said that the company has used data and understanding built up 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 people in rural areas for working capital needs," he told SUAR in Jakarta (14/10).
According to a survey by the Indonesian Fintech Association (Aftech) in 2024, 97% of surveyed members admitted to serving only Java, while more than 60 percent of Amartha's portfolio is in Sumatra, Kalimantan, Sulawesi, Bali and Nusa Tenggara.
It is also grateful to OJK and BI for their efforts in encouraging financial inclusion to be more equitable. Amartha's portfolio is also highly diversified in terms of the number of partners, geographical distribution, and business sectors run by partners, which in itself mitigates risk.
Growth in financing distribution was also recorded by another fintech , Komunal. To date, Komunal has worked with more than 376 BPRs spread across 71 regencies/cities in 24 provinces.
Since its establishment, OJK license from June 2, 2021, and until now, Komunal has participated in financing UMKM in total up to IDR 6.42 trillion. Through financing and mentoring from Komunal, UMKM have recorded an increase in income of up to 25%.
Komunal Chief Executive Officer (CEO) Hendry Lieviant said that his party chose a business development strategy through cooperation with BPRs. Komunal aims to increase financial inclusion and access to finance in Indonesia's tier 2, tier 3, tier 4 cities.
Through cooperation with 376 BPRs, Komunal has financed more than 11,410 UMKM. 98% of the financing is aimed at micro businesses and 30% of them are businesses owned and managed by women.
Controlled Credit Risk
OJK's Chief Executive Officer of Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Services Institutions, Agusman, said that loan growth remains accompanied by manageable credit risk.
"The aggregate credit risk level or TWP90 is at 2.62 percent," Agusman said at a press conference on the results of the OJK Monthly Board of Commissioners Meeting, Thursday (9/10/2025).
TWP90 stands for 90-day Default Rate, a metric used in the fintech lending industry to measure the rate of loans in default for more than 90 days from the due date. This figure represents the percentage of total loans in default and is critical for investors to evaluate the performance and risk of a P2P lending platform.
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Benedictus Krisna Yogatama
Chairman of Indonesia Fintech Society (IFSoc) Rudiantara said the condition of information technology and computer infrastructure is the basis for developing fintech. internet access in Jakarta and Papua is very different. Therefore, it is necessary to build a good infrastructure in terms of information technology. The need for an evenly distributed information toll.
"Other factors that drive fintech growth besides technological support are changes in consumer behavior and habits (increasing financial literacy and digital adoption), as well as a supportive economic and regulatory environment," he told SUAR (14/10/2025).
In addition, factors such as ease of use, low cost, and innovations that add value also play an important role.
