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Yes. PT Mekar Investama Sampoerna (Mekar) is a legal entity established under the jurisdiction of the Republic of Indonesia. Mekar is an Information Technology-Based Lending Service Provider (Peer-to-Peer Lending) that has been registered and supervised by the Indonesian Financial Services Authority (OJK), as stipulated in the Registration Letter from OJK Number: S-237/NB.213/2018 dated March 20, 2018. Mekar has also received a lending license from the OJK with the issuance of a decree number KEP-127/D.05/2019 on December 13, 2019.
Mekar’s business activities are closely supervised and regulated under OJK Regulation No.77/POJK.01/2016 on Information Technology-Based Lending Services to ensure Mekar's legality and compliance with the laws and regulations in Indonesian.
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