Sponsored Ad | Levenstein Crypto Conference - Leaderboard

Indonesian P2P lender Akseleran faces $11m loan default; key exec's powers curbed

Indonesian P2P lender Akseleran faces $11m loan default; key exec's powers curbed

Akseleran team

Around six major borrowers of Indonesian fintech firm Akseleran have defaulted on loans totaling over 178.3 billion rupiah ($11 million), impacting several retail lenders, according to Akseleran’s email to lenders, seen by DealStreetAsia.

Edited by: Padma Priya