611 Illegal Loan Apps Blocked by OJK (Nov 2025)
Indonesia’s Digital Lending Crackdown: A Harbinger of Global Fintech Regulation Over 600 illegal online lending (pinjol) platforms have been blocked in Indonesia as of November 15, 2025, a dramatic escalation in the country’s efforts to curb predatory lending practices. But this isn’t just an Indonesian story. It’s a bellwether for a global reckoning in the … Read more