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Pinjam Indonesia (Pinjam.co.id)
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Founded in 2015, PT Gadai Pinjam Indonesia, operating as Pinjam.co.id, was a pioneer in the Indonesian digital pawnshop industry. The company's mission was to provide fast, easy, and transparent access to short-term credit for individuals and small businesses by allowing them to use valuables such as electronics, vehicles, and jewelry as collateral through an online platform. Despite its initial success and venture capital funding, the company's business license was revoked by the Indonesian Financial Services Authority (OJK) in 2021 due to non-compliance with regulatory provisions.
Indonesia
Industry
Financial