Logiq Receives Indonesian Government Approval to Offer Micro-Lending Services to 50 Million Indonesians

| Press Release
Logiq Receives Indonesian Government Approval to Offer Micro-Lending Services to 50 Million Indonesians

NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) — Logiq Inc. (NEO:LGIQ)(OTCQX:LGIQ), a global provider of award-winning e-commerce and fintech solutions, has received approval of an annual lending rate from the Indonesian Government to provide micro-lending services to the more than 50 million members of Badan Perlayanan Jaminan Sosial Ketenagakerjaan (BPJSTK). BPJSTK manages the pensions and health benefits for these members in Indonesia.

The lending rate approval follows Logiq’s earlier announced launch of a program to provide mobile fintech services in an exclusive strategic alliance with the country’s social security program provider, Koperasi Mona Santoso Berjaya (KMSB). …

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Logiq Receives Indonesian Government Approval to Offer Micro-Lending Services to 50 Million Indonesians