@qm well I guess the indo government are serious about it, and this fintech, or p2p lending can really change indo economy quite a bit

@dengpy I have tried as a lender.
But the network in the Asia market seems to be for both

Just my 2-cents comment here,
I have signed up and funded my Cashwagon virtual account yesterday. The confirmation of the top-up is done that night using instarem. On the next day, morning, my funds have been successfully allocated (not 100%). Tonight, it seems that I have already profitted. It makes me wonder how their business model and how they can grow so fast

The email response to your queries is fast. They also have a whatsapp number in which they will update
Even though, it is not very high tech or very user friendly yet, the overall experience is still alright to me, backed by their customer service using whatsapp and email only. The platform is also very simple to use. Just choose your funds amount and period, they will allocate according.

Why I think they can grow very fast?

1. they focus building their back-end which is the algorithm to allocate lenders and borrowers
2. they focus on building their network in the Asia to build their customer base. These targets/ countries have poor banking system or they have a alot of residents who are unbanked or underbanked. They focus on tapping into these human resources first.
3. The interest/profit earned by them is maximised to earn money for their capital growth and to attract lenders/investors like us. In other words, for example, i fund 1mil rp with 20% annual interest. Cashwagon probably earning about 2-5% or more per loans(like how western p2p works). Thus, the debtors may have to pay about 30% interest per annum from the amount loan.
   4.The front end, they polish the bare minimum customer service such that questions from the investors are dealted with promptly. This is backed by their strong algorithm and a very simplistic front end for investors to start to invest

@qm which one would u want it to be nxt? Vietnam, Philippines, Sri Lanka?

@antoniomc27 wow one promo after another