business

Easycash Continues New Leadership Relay, Positive Business Performance In 4th Year

Indonesia Fintopia Technology (Easycash), a peer-to-peer (P2P) fintech platform licensed and supervised by the Financial Services Authority (OJK), held its Annual General Meeting of Shareholders (AGM) for the 2023 Fiscal Year on June 14, 2024, with one of the main agendas being to discuss the company's success in maintaining a positive business performance for four consecutive years. This positive performance was noted by the company during high competition in the industry and improvements in governance, risk management, and compliance.

"In addition to achieving positive results, the company also recorded good funding distribution performance. Easycash ranked second in terms of the largest funding distribution among industry players in 2023. This data is based on the OJK's Roadmap document for the Information Technology-Based Funding Services (LPBBTI) industry for the period 2023-2028," said Dr. Jonathan Chang, CEO of Easycash at the AGM.

This achievement reaffirms Easycash's position as one of the largest platforms in the industry and reflects significant business growth and the success of the strategies implemented by the company under the leadership of Dr. Jonathan Chang as CEO.

Dr. Jonathan Chang, who has been leading Easycash since 2022, expressed his pride in the company's achievements during his tenure. "I am proud to have been part of Easycash's growth and success. Over these two years, we have achieved various milestones, including reaching the highest funding distribution since the company was founded.This success is due to the hard work and dedication of the entire team working together to realize the company's vision of becoming a leading P2P lending platform in the world. Our strategic focus is on financial resilience and regulatory compliance to achieve sustainable business growth amidst increasingly fierce market competition," said Jonathan.

Throughout 2023, Easycash has successfully established loan channeling partnerships with SeaBank (PT Bank SeaBank Indonesia), Bank Jago (PT Bank JagoTbk), and Superbank (PT Super Bank Indonesia).

In addition to discussing Easycash's business performance, two other main agendas discussed in the Annual General Meeting are the shareholders' approval of the Board of Directors and Board of Commissioners' reports for the 2023 financial statements, as well as the official appointment of new leadership for the Board of Directors and Board of Commissioners.

During the same forum, the company's shareholders expressed their approval of Dr. Jonathan Chang's resignation as the CEO and appointed NuckyPoedjiardjoDjatmiko as the new CEO (effective after passing the fit and proper test by OJK).Before joining Easycash, Nucky served as the CEO of PT UangmeFintek Indonesia (UangMe), which is also engaged in financial services. Nucky has more than 10 years of experience in the technology startup world, having founded several companies such as Rumah123, Mobil123, and Nonton.com.After his appointment, Nucky shared his vision for Easycash. "It is an honor for me to lead Easycash. I believe that now is an important time for the company to continue strengthening financial literacy among the public and to carry out operational activities optimally and prudently," said Nucky.Furthermore, the shareholders also approved the appointment of Jimmy Muhamad Rifai Gani as the Chairman of the Board of Commissioners (effective after passing the fit and proper test by OJK). Jimmy joined Easycash in 2022 as a Senior Advisor, providing advice to the Board of Directors on talent development and good corporate governance.Jimmy, who is currently also the CEO of Bakrie Center Foundation, has a wealth of experience in executive and board positions in state-owned enterprises, private companies, and educational institutions.

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Tag: Easycash