Research from Tech in Asia, Tech in Asia

Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

Research from Tech in Asia

News from Tech in Asia

Private Capital Markets

<ul><li>Financial illiteracy has become <a href="https://gflec.org/wp-content/uploads/2015/11/3313-Finlit_Report_FINAL-5.11.16.pdf" target="_blank" rel="noopener">a global problem</a>, leading many to make uninformed, crippling decisions. This is especially true in Indonesia.</li><li>With informal financing and predatory lending running rife, the country has a <a href="https://repository.cips-indonesia.org/media/publications/358319-creating-informed-consumers-tracking-fin-363ed549.pdf" target="_blank" rel="noopener">financial literacy rate of 38%.</a></li><li>SkorLife, a credit builder based in the country, looks to change this. Founded by <a href="https://www.linkedin.com/in/ongkikurniawan" target="_blank" rel="noopener">Ongki Kurniawan</a> and <a href="https://www.linkedin.com/in/karankhetan/" target="_blank" rel="noopener">Karan Khetan</a> in 2022, the startup allows users to check their credit scores from Indonesia’s bureaus.</li></ul>

Financial illiteracy has become a global problem, leading many to make uninformed, crippling decisions. This is especially true in Indonesia.With informal financing and predatory lending running rife, the country has a financial literacy rate of 38%.SkorLife, a credit builder based in the country, looks to change this. Founded by Ongki Kurniawan and Karan Khetan in 2022, the startup allows users to check their credit scores from Indonesia’s bureaus.

Credit Scoring Firm Rings up $4m to Boost Financial Literacy in Indonesia

Skorlife

Credit Scoring Firm Rings up $4m to Boost Financial Literacy in Indonesia