Fintech startup Tanijoy Clarifies the Allegation of Losing Investors' Money
After many tweets accusing fintech startup Tanijoy of disappearing and causing hundreds of investors to lose up to around IDR 4 billion, Tanijoy issued a statement.
In a statement received from the Founder and CEO of Tanijoy, M. Nanda Putra, it was stated that since March 2020, PT Tanijoy Agritechnology Nusantara has had problems executing programs according to initial projections.
"The obstacle is caused by restrictions that occur due to the Covid-19 pandemic. This has an impact on reducing employees which causes us to be unresponsive to funding inquiries on several social media," said Nanda in a statement, Wednesday (28/7/2021).
In the statement, it was stated that Tanijoy's party was still responding to questions through the crisis center and also active communication with representatives of the funders' association, by Tanijoy's CEO.
"Regarding the reduction process, employees who are no longer working at PT Tanijoy Agritechnology Nusantara, have no relationship with the current problem," he said.
Nanda also explained about the refund from the lender. Tanijoy, which was founded in 2017, claims that to date it has 756 Mitra Tani.
"100 percent of the funds collected, successful farming businesses have been returned by Mitra Tani and received by 78.28 percent of funders," he said.
Meanwhile, until now there is still outstanding that has not been paid to lenders, which is 21.72 percent. Nanda promised to complete the payment with all his strength.
Still regarding the issue of refunds, Nanda said this problem occurred in projects with a harvest period from March 2020 to the end of 2020.
"This is due to the force majeure factor, so that a number of funders suffer losses. Tanijoy as a liaison between Mitra Tani and the funders continues to work on solving problems," said Nanda.
As for one of the efforts made by extending the term of the loan and borrowing contract.
"But in practice, some farmers have not been able to fulfill until the contract extension is determined. Therefore, Tanijoy took several strategic steps," he said.
The step in question is to hold a virtual meeting with a number of affected funders. Virtual meetings were held 4 times, namely 3 and 4 September 2020, May 2021, and 16 June 2021.
Second, through a discussion forum to discuss the settlement of all affected funders. Third, through debt collection, Tanijoy through the risk and legal and operational departments continues to collect from Mitra Tani until its responsibilities are fulfilled.
Fourth, through the disbursement schedule, where Tanijoy, through the accounting and finance department, makes a schedule for all late withdrawal processes.
Then also through a statement of commitment, in this case Tanijoy and the funder agreed to find a solution to the problem through a jointly signed commitment letter.
Lastly through tips memilih bandar togel terpercaya the return solution. In this case, Tanijoy is committed to returning the funds by collecting the farmers who are in arrears. Tanijoy also provides a guarantee for payments with a maximum settlement period of 3 years.
Nanda and Tanijoy are committed to solving this problem by continuing to communicate with the lenders. Tanijoy also said that his party is responsible for refunding according to an agreement that can be accepted by all parties.
"We as the management of PT Tanijoy apologize profusely to the funders and the community. In the midst of this difficulty, we are grateful that Tanijoy is still given the opportunity to fix everything," he said, representing PT Tanijoy.