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PT. Progo Puncak Grup runs Pinjamin, a Surabaya peer-to-peer lending platform that connects lenders and borrowers directly.
Founded in 2014 in Surabaya, Indonesia, PT. Progo Puncak Grup operates Pinjamin, a digital peer-to-peer lending platform that connects individual lenders with borrowers and streamlines loans without traditional banking intermediaries. Its algorithms assess borrower creditworthiness and match them with lenders by risk profile and loan terms. Revenue comes from transaction fees on loans. In April 2019 the company raised an undisclosed amount of Seed funding from SOSV and HAX. James Susanto is CEO.
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