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FROM being called ‘worse than loan sharks,’ to more basic reviews saying that it really is nearly impossible to have that loan through the web site, UangTeman is surviving, as well as, seemingly thriving.

Talking recently to Digital Information Asia (DNA) in Jakarta, its cofounder and ceo Aidil Zulkifli (pic above) admits he struggled using the bad promotion in the beginning, but were able to make use of it as a free of charge marketing device.

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“We are actually nine months old, running fast and doing pretty much. As being a startup, you shouldn’t be afraid of bad press; you simply should try to learn simple tips to handle it,” he claims.

UangTeman, or ‘Friend’s cash’ in English, began operations in April 2015, and it has been growing 20% to 25per cent month-on- thirty days since, based on Aidil. Continue reading