Fast Rupiah
Fast Rupiah (Rupiah Cepat) is an OJK-licensed Indonesian mobile peer-to-peer lending platform that provides unsecured consumer loans of Rp 200,000 to Rp 200,000,000 to underbanked Indonesian adults seeking fast, collateral-free credit for emergency and discretionary needs.
- Company typePrivate
- Founded2019
- HeadquartersDki Jakarta, Indonesia
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What Fast Rupiah does
Fast Rupiah, operating commercially as Rupiah Cepat, is an Indonesia-based mobile peer-to-peer lending platform run by PT Kredit Utama Fintech Indonesia (KUFI), an OJK-licensed LPBBTI provider authorized under KEP-132/D.05/2019. The company delivers unsecured, multipurpose consumer loans in amounts ranging from Rp 200,000 to Rp 200,000,000 with tenors of 1 to 17 months and interest rates capped at 0.3% per day (short tenor) or 0.2% per day (long tenor), settling through licensed-bank escrow and virtual accounts. Distribution is exclusively mobile via the Rupiah Cepat iOS and Android apps, with on-the-ground brand-building through social channels, financial-literacy events, and AFPI-affiliated industry programs.
The platform's technology stack centers on a proprietary credit-scoring engine supported by automated KYC (ID photo + selfie verification), an integrated chatbot, electronic-signature flows via licensed e-sign partners, and an information security management system aligned with ISO/IEC 27001:2022. Revolving credit, in which limits expand with responsible repayment, is a deliberate design choice to drive repeat usage among thin-file borrowers who lack traditional credit history and are underserved by incumbent banks.
The company monetizes exclusively through transaction fees — interest income plus provision reserve fees, service fees, risk-mitigation fees, and VAT — with no subscription or licensing revenue. Target customers are unbanked and underbanked Indonesian adults aged 18–60 with a KTP and a bank account, primarily seeking small, fast-disbursement loans for emergencies and discretionary spending. Capital is supplied by retail and institutional lenders via the LPBBTI structure; on the corporate side, ownership sits 85% with Hong Kong-based Green Mobile Limited and 15% with domestic holding PT Teknologi Tropis Indonesia. Leadership combines 20+ years of banking risk-management experience with regulatory and tax-policy expertise.
Fast Rupiah firmographics
Firmographics- Name
- Fast Rupiah
- Legal name
- PT Kredit Utama Fintech Indonesia
- Website
- https://rupiahcepat.co.id
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Fast Rupiah (Rupiah Cepat) is an OJK-licensed Indonesian mobile peer-to-peer lending platform that provides unsecured consumer loans of Rp 200,000 to Rp 200,000,000 to underbanked Indonesian adults seeking fast, collateral-free credit for emergency and discretionary needs.
- Ownership category
- akta.pro rank
Fast Rupiah industry classification
Industry- Product category
- Peer-to-Peer Lending Platform
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- P2P Small Business / SME Marketplace Lending (FSAKAHAC)
Keywords
Where Fast Rupiah is headquartered
LocationHeadquarters
- HQ city
- Dki Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices2 records
Markets served
Fast Rupiah business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Interest Income: Primary revenue stream from interest charged on loans. Interest rates are capped at 0.3% flat per day for loans with tenor ≤180 days, and 0.2% per day for loans with tenor >180 days.
- Service Fees: Additional fees including Provision Reserve Fee, Service Fee, Risk Mitigation Fee, and Value Added Tax (PPN) charged on loans
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Unsecured multipurpose loans from Rp 200,000 to Rp 200,000,000 |
| Unit Pricing | Monthly | Quick disbursement loans with interest starting from 0.01% per day |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Fast Rupiah product offering
Product offeringCore offering
Fast Rupiah operates the Rupiah Cepat mobile peer-to-peer lending application, an OJK-licensed LPBBTI platform that matches lenders with Indonesian borrowers to originate unsecured multipurpose loans ranging from Rp 200,000 to Rp 200,000,000 over tenors of 1–17 months, with approval and disbursement in as little as 10 minutes. Revenue is earned through regulated daily interest (capped at 0.3% per day for ≤180-day tenors and 0.2% per day for longer tenors) plus service, risk mitigation, and VAT fees. The product is distributed exclusively through Google Play, the Apple App Store, and a web entry point, targeting underserved and unbanked Indonesian consumers aged 18–60.
Product overview
Rupiah Cepat is a single mobile-based peer-to-peer lending platform operated by PT Kredit Utama Fintech Indonesia. The company operates under LPBBTI (Layanan Pendanaan Bersama Berbasis Teknologi Informasi) license, facilitating direct lending between Borrowers and Lenders through its mobile application. The product enables unsecured multipurpose loans with amounts ranging from Rp 200,000 to Rp 200,000,000, tenors from 1 to 17 months, and interest rates starting from 0.01% per day. The platform connects Borrowers seeking funds with Lenders through a digital matching system, virtual accounts, and electronic agreement signing. The Rupiah Cepat mobile app serves as the primary customer-facing product through which all loan services are delivered.
Differentiator
Problem solved
Functional benefit
Brands
- Rupiah Cepat: Mobile-based unsecured peer-to-peer lending application that provides cash loans to underserved Indonesian consumers. The product is a multipurpose loan with loan limits ranging from IDR 200,000 to IDR 200,000,000 and tenors from 1 to 17 months.
Products and services
- Rupiah Cepat Mobile Lending Application A mobile peer-to-peer lending application (LPBBTI) operated by PT Kredit Utama Fintech Indonesia that facilitates unsecured loans between Lenders and Borrowers under an OJK license. The app enables users to apply for loans from Rp 200,000 to Rp 200,000,000 with tenors of 1–17 months and interest rates starting from 0.01% per day, with approval and disbursement possible in as little as 10 minutes. Designed for individual Indonesian consumers aged 18–60 with a valid KTP and bank account, distributed via Google Play, the Apple App Store (as Rupiah Cepat Lender), and a web entry point. Revenue is earned via regulated interest and ancillary service fees.
Quantifiable outcome
- Loan disbursement in as fast as 10 minutes from approval
- +3 more outcomes
Companies that use Fast Rupiah
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles1 record
Fast Rupiah technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability4 records
Feature5 records
Fast Rupiah partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Licensed Banks and Payment GatewayscorePartnership with licensed banks and payment gateway service providers in Indonesia for escrow account and virtual account services to facilitate fund transfers between lenders and borrowers.
- Electronic Signature Service ProviderscoreLicensed third-party e-signature service providers enabling electronic signing of loan agreements, making them legally equivalent to wet signatures under Indonesian law.
- AFPI (Asosiasi Fintech Pendanaan Bersama Indonesia)coreIndonesian P2P Lending Fintech Association membership. FDC (Fintech Data Center) collaboration for credit data reporting and monitoring. Joint participation in industry events and educational initiatives like PinTalks and Fintech Lending Days.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Fast Rupiah competitors and assessment
Company assessmentEmerging players
- Investree: Indonesian OJK-licensed P2P lending marketplace that has historically focused on SME financing. Comparable as a regulated LPBBTI marketplace operator but distinct in serving business rather than consumer borrowers.
- Amartha: Indonesian P2P lending fintech connecting lenders to micro and SME borrowers, with OJK LPBBTI license. Comparable platform and regulatory position, but skews toward microfinance/SME rather than pure consumer.
Direct peers
- Kredivo: Indonesia-headquartered consumer digital lending and BNPL platform operating under OJK supervision. Directly comparable as a mobile-first consumer credit provider targeting underbanked Indonesians with similar product economics.
- Akulaku: Indonesian consumer finance and BNPL fintech offering unsecured installment loans via a mobile app to underbanked consumers. Closely comparable product, target customer, and regulatory position to Rupiah Cepat.
- DanaRupiah: Indonesia-based OJK-registered online loan provider offering unsecured cash loans to individual borrowers. Direct competitor in the same product category and regulatory framework.
- Julo: OJK-licensed Indonesian peer-to-peer lending platform providing cash loans and credit lines to underbanked consumers via a mobile app. Same LPBBTI category, same customer persona, and same regulatory regime as Rupiah Cepat.
- Kredit Pintar: Indonesian online consumer microloan app operating under OJK LPBBTI license. Targets the same thin-file Indonesian borrower segment with similar small-ticket, short-tenor unsecured loans.
- Cashwagon: Southeast Asian consumer online lending app active in Indonesia under OJK oversight, offering small-ticket short-term cash loans. Comparable in product mechanics and target borrower profile.
- TunaiKita: OJK-regulated Indonesian fintech providing online cash loans (pinjaman tunai) to underserved consumers. Direct peer given shared business model, loan size range, and direct-to-consumer mobile distribution.
- Pinjamduit: Indonesia-licensed P2P lending platform focused on unsecured consumer cash loans through a mobile app. Overlaps with Rupiah Cepat on product structure, regulatory classification, and target customer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Fast Rupiah social profiles
Digital presenceFast Rupiah compliance and trust
Trust signalCompliance1 record
Fast Rupiah financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fast Rupiah leadership team
Management profileNumber of profiles
Profiles5 records
Fast Rupiah funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fast Rupiah M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fast Rupiah
What does Fast Rupiah do?
Fast Rupiah operates the Rupiah Cepat mobile peer-to-peer lending application, an OJK-licensed LPBBTI platform that matches lenders with Indonesian borrowers to originate unsecured multipurpose loans ranging from Rp 200,000 to Rp 200,000,000 over tenors of 1–17 months, with approval and disbursement in as little as 10 minutes. Revenue is earned through regulated daily interest (capped at 0.3% per day for ≤180-day tenors and 0.2% per day for longer tenors) plus service, risk mitigation, and VAT fees. The product is distributed exclusively through Google Play, the Apple App Store, and a web entry point, targeting underserved and unbanked Indonesian consumers aged 18–60.
Is Fast Rupiah a public or private company?
Fast Rupiah is a private company. It is classified as venture growth investor backed and is currently operating.
When was Fast Rupiah founded?
Fast Rupiah was founded in 2019. It employs 51 to 100 people.
Where is Fast Rupiah based?
Fast Rupiah is headquartered in Dki Jakarta, Indonesia, in the Asia region.
How does Fast Rupiah make money?
Two revenue lines are on record. Interest Income is the primary driver. The others are service Fees.
Who are Fast Rupiah's main competitors?
Emerging players on record are Investree and Amartha. Direct peers are Kredivo, Akulaku, DanaRupiah, Julo, Kredit Pintar, Cashwagon, TunaiKita and Pinjamduit.
Does Fast Rupiah have an API?
No public API is recorded for Fast Rupiah.
What industry is Fast Rupiah in?
Fast Rupiah's product category is Peer-to-Peer Lending Platform. Its primary akta.pro industry code is FSAKAHAC, P2P Small Business / SME Marketplace Lending. Its NAICS code is 52231 and its SIC code is 6153.