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From Spoke-to-Hub: Reynold Wijaya of Modalku

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Manage episode 337507826 series 3382192
Content provided by Alan Hellawell. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alan Hellawell or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Reynold Wijaya, Cofounder of regional SME lending leader Funding Societies (Modalku in Indonesia), joins the Indo Tekno podcast to discuss the importance of the 7+ years that the company has spent constantly refining its lending services as part of its game plan to enter into neobanking services for Indonesian and Southeast Asian enterprise. An apparent "spoke" to the broader neobanking "hub", Reynold argues that lending is the far-and-away the most challenging of SME-oriented services to master, and will be key to FS-Modalku's emergence as a leading SME digital financing platform in the region, given that few other claimants to the neobanking crown have expertise in lending. COVID brought exceptional pressures to the financing landscape, leading Modalku to recalibrate its credit policy quickly, and recall loans from enterprise clients who were predicted at significant risk of default. This pruning in borrower profiles has led to material improvements in the quality of its portfolio today.

  continue reading

136 episodes

Artwork
iconShare
 
Manage episode 337507826 series 3382192
Content provided by Alan Hellawell. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alan Hellawell or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Reynold Wijaya, Cofounder of regional SME lending leader Funding Societies (Modalku in Indonesia), joins the Indo Tekno podcast to discuss the importance of the 7+ years that the company has spent constantly refining its lending services as part of its game plan to enter into neobanking services for Indonesian and Southeast Asian enterprise. An apparent "spoke" to the broader neobanking "hub", Reynold argues that lending is the far-and-away the most challenging of SME-oriented services to master, and will be key to FS-Modalku's emergence as a leading SME digital financing platform in the region, given that few other claimants to the neobanking crown have expertise in lending. COVID brought exceptional pressures to the financing landscape, leading Modalku to recalibrate its credit policy quickly, and recall loans from enterprise clients who were predicted at significant risk of default. This pruning in borrower profiles has led to material improvements in the quality of its portfolio today.

  continue reading

136 episodes

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