CICIL Expands to Close Loop Financing, Developing PayLater Product for Warung Pintar Partners
CICIL has three education financing products and two non-financing products
CICIL fintech lending platform expands its business to close loop financing for MSME productive loans. This is the first partnership for both companies in developing the financing product.
CICIL's Co-Founder & CEO, Edward Widjonarko said this diversification strategy is part of the company's innovation in developing its services. Although the company still focusing on education financing since it was first established in 2016.
"This step opens up an opportunity for us to be able to diversify our market segments and services to encourage inclusive and responsible productive financing," Edward said to DailySocial.
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