Pintek Stop Facilitating Student Loans, Switch to Supply Chain Financing
Leaving Cicil, Danacita, DanaDidik, and Koinpintar from KoinWorks in the "student loan" market
Startups Pintek stopped financing products for education, now switching to fully financing the supply chain sector (supply chain financing). Quoting the company's website, there are two financing products provided, viz supply chain financing (distributors, suppliers, and merchants), and business funding (PO, invoiceand inventory).
The products offered by Pintek are relatively the same as those offered by players lending most of which focus on productive financing.
Until this news was published, Pintek representatives did not respond to questions asked DailySocial.id. We also contacted Shipper regarding their relationship with Pintek. Previously, Shippers reported exploring financing products for logistics with Pintek.
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