PT. Kredit Utama Fintech Indonesia

About PT. Kredit Utama Fintech Indonesia

Welcome to Rupiah Cepat! A Peer to Peer lending platform licensed and supervised by the Financial Services Authority (OJK) based on Decree Number: KEP-132/D.05/2019. What is Rupiah Cepat? Peer to peer lending is the term for companies that provide online micro-loan services without collateral based on applications. Rupiah Cepat operates under the auspices of PT. Kredit Utama Fintech Indonesia (KUFI), a Financial Technology (FinTech) company with a mission to simplify loan access by utilizing technology. The target consumers of Rupiah Cepat are hundreds of millions of Indonesians who are active in technology and also need small loans for their discretionary spending but are not served by traditional financial institutions due to a lack of data and the operational inefficiencies of traditional financial institutions. Simply put, Rupiah Cepat is a connector between borrowers who have funding needs and lenders who are willing to lend their funds. Interesting, right? How Does It Work? Rupiah Cepat uses Big Data technology, such as artificial intelligence (AI) and machine learning, to transform and provide solutions for consumers' financial problems in Indonesia. Operation is 100% online, with almost all transactions facilitated through mobile devices (phones). Prospective borrowers can apply for loans on their phones and will receive approval within minutes. Once approved, the loan will be disbursed immediately to the prospective borrower's bank account and can be withdrawn as cash by themselves.