Finplus Group

What Finplus Group does

Finplus Group, operating through its legal entity PT. Rezeki Bersama Teknologi, is an Indonesian peer-to-peer lending platform founded in 2018 and licensed by OJK under KEP-3/D.05/2021 as a Layanan Pendanaan Uang Berbasis Teknologi Informasi (LPBBTI) provider. The company connects individual lenders (Pemberi Pendanaan) with individual borrowers (Penerima Pendanaan) through a mobile-first application distributed via Google Play and the Apple App Store, offering a single consumptive funding product (Pendanaan Konsumtif) with limits up to IDR 25 million, tenors of 80-120 days, and an economic benefit rate of 0.3% per day. Since inception, the platform has disbursed approximately IDR 18.95 trillion in funding across more than 2 million cumulative borrowers, with an outstanding portfolio of IDR 527.48 billion as of 2024.

The platform is built on AI, Machine Learning, and Big Data Analytics for credit scoring and risk assessment, supplemented by voice-based fraud detection on recorded calls, 128-bit encryption, and local Indonesian server hosting. KYC and digital signing are operationalized through integrations with Privy, VIDA, and the OJK-licensed credit bureau CLIK, while a formal partnership with Cashcash Pro (PT Digital Kuantum Teknologi) extends the offering to adjacent financial services. All transactions route through escrow and virtual accounts per POJK 10/POJK.05/2022 and the newer OJK Regulation No. 40/2024.

Finplus Group monetizes via transaction-based economic benefit fees charged to borrowers (up to 0.3% per day, plus a 0.009% per day service fee and PPN), and platform facilitation fees from matching lenders with borrowers. Reported FY2024 revenue was IDR 100,319 million against net profit of IDR 1,279 million, with total equity of IDR 6,295 million. Distribution is Indonesia-only, the product line is concentrated in unsecured consumptive lending, and there is no disclosed external institutional funding, positioning Finplus as a steady-state, regulated mid-market P2P operator rather than a high-growth venture-backed platform.

Name

Finplus Group

Legal name

PT. Rezeki Bersama Teknologi

Website

https://finplus.co.id

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Finplus Group is an OJK-licensed Indonesian peer-to-peer lending platform under PT. Rezeki Bersama Teknologi, offering collateral-free consumptive loans up to IDR 25 million to underbanked individuals via a mobile app, monetized through per-day economic benefit fees.

Ownership category

akta.pro rank

Product category

Peer-to-Peer Lending

NAICS

Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Consumer P2P Personal Loans (Unsecured) (FSAKAHAA)

akta.pro secondary industries

Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC), Pricing, Risk-Based Offer & Limit Management (FSAGAHAE)

Keywords

• Peer-to-peer lending
• Fintech lending platform
• Consumptive funding
• Credit scoring
• Digital lending

Headquarters

HQ city

Kuningan

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Economic Benefit Fees: Fees charged to borrowers based on daily economic benefit rates (up to 0.3% per day) for consumptive funding without collateral. These fees include service costs and applicable taxes.
2. Platform Facilitation Fees: Transaction fees from facilitating peer-to-peer lending between lenders (Pemberi Pendanaan) and borrowers (Penerima Pendanaan) through the FinPlus platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

FinPlus operates a mobile-first peer-to-peer lending platform in Indonesia connecting lenders (Pemberi Pendanaan) with borrowers (Penerima Pendanaan), providing unsecured consumptive funding up to Rp 25 million with tenors of 80-120 days. The platform uses AI, Machine Learning, and Big Data Analytics for credit assessment and disburses approved funding within 1x24 hours.

Product overview

FinPlus operates as a unified peer-to-peer lending platform providing unsecured consumptive funding services to Indonesian consumers. The platform connects Pemberi Pendanaan (lenders/investors) with Penerima Pendanaan (borrowers) through digital matching. Its primary product is the Pendanaan Konsumtif (Consumptive Funding) offering, which provides collateral-free loans up to Rp 25 million with 80-120 day tenors. All platform services are consolidated under the FinPlus brand, with technology infrastructure built on AI, Machine Learning, and Big Data Analytics for credit assessment and risk management.

Differentiator

Problem solved

Functional benefit

Products and services

• FinPlus Peer-to-peer lending platform connecting lenders (Pemberi Pendanaan) with borrowers (Penerima Pendanaan) for consumptive funding without collateral. Operates as an LPBBTI (Layanan Pendanaan Bersama Berbasis Teknologi Informasi) platform licensed by OJK.
• Pendanaan Konsumtif (Consumptive Funding) Unsecured consumptive funding product with loan limits up to Rp 25,000,000, economic benefits of 0.3% per day, and tenors ranging from 80 to 120 days. Available to verified FinPlus app users who pass data verification and credit assessment.

Quantifiable outcome

• Disbursement within 1x24 hours for approved applications
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core, minor and flagship.

• Otoritas Jasa Keuangan (OJK)coreGTM or Marketing Partner · 3 September 2019Regulatory body that licenses and supervises FinPlus. FinPlus participates in OJK-organized education and socialization events for financial literacy and fintech awareness.
• Saya Modalin & DigilendminorStrategic or Co-development Partner · 23 August 2019Collaboration with fellow P2P lending fintech companies Saya Modalin and Digilend to provide socialization and education for micro, small and medium enterprises (UMKM) in Kepulauan Seribu.
• Asosiasi Fintech Pendanaan Bersama Indonesia (AFPI)coreGTM or Marketing Partner · 23 August 2019Industry association that FinPlus is a member of, working together on fintech lending industry standards, education, and financial inclusion initiatives.
• PT. Digital Kuantum Teknologi (Cashcash Pro)coreStrategic or Co-development PartnerCashcash Pro is an official partner product of PT Digital Kuantum Teknologi that collaborates with FinPlus to provide comfortable and efficient financial services for all platform users.
• PT Crif Lembaga Informasi Keuangan (CLIK)coreTechnology or IntegrationPT CLIK is licensed by OJK as a credit bureau operating entity that provides credit information services to FinPlus for borrower evaluation and risk assessment.
• PrivycoreTechnology or IntegrationDigital identity and electronic signature solution provider integrated with FinPlus platform for secure user verification and document signing.
• VIDAcoreTechnology or IntegrationLicensed Electronic Certificate Provider (PSrE) certified by Kominfo for issuing electronic certificates and digital signatures, integrated with FinPlus verification processes.
• PT. Rezeki Bersama Teknologi (PT. RBT)flagshipOthersParent company of FinPlus platform. FinPlus was established in 2018 under the umbrella of PT. Rezeki Bersama Teknologi, operating the fintech lending business under POJK 10 regulations.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Amartha: OJK-licensed Indonesian P2P lending platform historically focused on micro and SME borrowers in underserved regions. Comparable on platform business model, OJK regulatory perimeter, and Indonesia-only footprint.
• Akseleran: Indonesian OJK-licensed P2P lending marketplace focused on SME financing. Directly comparable as a domestic P2P platform operating under the same regulatory framework.
• JULO: Indonesian digital lending app offering cash loans to underbanked consumers via mobile onboarding. Directly comparable in target borrower profile (mass-market unbanked/underbanked), product type (short-term unsecured), and AI-based credit decisioning.
• Investree: Indonesian OJK-licensed P2P lending platform that connects funders with SME and consumer borrowers. Directly comparable regulatory and operating model to FinPlus, with larger ticket sizes and broader segment coverage.
• PinjamanGo: OJK-registered Indonesian P2P lending platform operating a marketplace model with consumptive funding products. Comparable on regulatory status, business model, and target demographic.
• KoinWorks: One of the largest OJK-licensed Indonesian P2P lending marketplaces, serving both consumer and SME borrowers. Directly comparable to FinPlus on regulatory framework, marketplace model, and target geography.
• Kredit Pintar: Indonesian online lending app targeting salaried and unbanked borrowers with small, short-tenor cash loans. Comparable product structure (unsecured, short-tenor, mobile-only) and target segment.
• Tunaiku: Digital consumer-lending product from Bank Maspion targeting underbanked Indonesian borrowers with short-tenor, collateral-free loans. Closely comparable to FinPlus on product design and customer segment, though distributed by a bank.

Emerging players

• UangTeman: Earlier-stage Indonesian online lender focusing on short-term cash loans to salaried borrowers. Overlaps with FinPlus in borrower profile and product type but operates at smaller scale.

Others

• Privy (digital identity provider): Indonesian digital identity and e-signature provider integrated into FinPlus's onboarding flow. Considered a peer here as an enabling infrastructure participant in the Indonesian fintech ecosystem rather than a direct lending competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/finplusid
• Xx.com/finplus_id
• Facebookfacebook.com/finplus.official

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Finplus Group