Is MEKAR Legal or Illegal? Here’s MEKAR’s Official Licensing Status with OJK

Amid the rise of illegal online lending services, many people have become more cautious when using digital financial platforms. One common question is whether technology-based funding platforms like MEKAR operate legally.

Verifying the legality of a digital financial service is crucial. Platforms that are officially licensed by regulators generally operate in compliance with applicable regulations and provide clearer protection for users.

MEKAR Is Officially Licensed by OJK

MEKAR is a technology-based funding platform focused on expanding access to financing for Micro, Small, and Medium Enterprises (MSMEs) in Indonesia.

The platform connects funders with small business owners who need capital to grow their businesses. Through this model, funding is channeled into productive sectors that generate social and economic impact.

From a regulatory standpoint, MEKAR has obtained a business license from Indonesia’s Financial Services Authority (OJK) through Decree No. KEP-127/D.05/2019 dated December 13, 2019.

In addition, technology-based funding services are regulated under OJK Regulation No. 40 of 2024 concerning Information Technology-Based Co-Funding Services (LPBBTI). This regulation covers various operational aspects, including consumer protection and service transparency.

With OJK supervision, MEKAR operates in accordance with applicable laws and regulations in Indonesia.

How to Verify the Legality of a Funding Platform

To avoid illegal lending services, the public can independently verify a platform’s legality through several official OJK channels.

1. Check via the OJK WebsiteVisit the official OJK website at www.ojk.go.id, where a list of licensed technology-based funding providers is available. This helps confirm whether a platform is officially registered.

2. Contact OJK Consumer ServicesYou can also contact OJK’s consumer service hotline at 157 to obtain information regarding the licensing status of digital financial companies.

3. Send an Inquiry via EmailAnother option is to send an inquiry to the official OJK email at konsumen@ojk.go.id to request clarification on a platform’s legal status.

MEKAR’s Commitment to Supporting MSMEs

One of MEKAR’s main focuses is expanding access to financing for small businesses that often face challenges in obtaining capital.

Through partnerships with various non-bank financial institutions that have networks across regions, MEKAR aims to bridge funding needs for MSMEs in Indonesia.

Funding directed toward productive businesses is expected to help entrepreneurs grow while also supporting local economic development.

The Importance of Using Licensed Platforms

Choosing a licensed digital financial service is essential to ensure transaction security. Licensed platforms typically operate with higher transparency standards and are supervised by regulators.

Therefore, before using any technology-based funding or lending service, it is highly recommended to verify its legality through official sources.

By understanding this information, the public can safely utilize digital financing services while contributing to the growth of Indonesia’s MSME ecosystem.