Response to KPPU Decision, Adapundi Ensures Normal Service Operations

Adapundi disagrees with the decision of the Business Competition Supervisory Commission (KPPU), which is deemed not to reflect the conditions and overall regulatory developments in the Information Technology-Based Joint Funding Services (LPBBTI) industry. Adapundi’s CEO, Achmad Indrawan, also voiced objections to the KPPU’s decision.

“From the beginning, Adapundi’s operations have been conducted within the framework of government regulation and supervision, so the mechanisms we apply are part of those provisions, not to restrict business competition,” Achmad said in a press release in Jakarta on Friday (10/4/2026).

In the trial process, he said, Adapundi has submitted various relevant evidence and facts, including the basis of regulations and their application in company operations. However, the company believes that all these aspects have not been fully considered in the decision.

According to Achmad, the approach applied in the industry, including the maximum limit on economic benefits, is part of efforts to maintain consumer protection and industry stability. It is also within the applicable regulatory framework.

“The maximum limit on economic benefits at that time was set to maintain consumer protection and industry stability. Therefore, we are pursuing an appeal as part of the company’s legal rights,” Achmad stated.

This view aligns with the opinion of business competition economics expert Prof Ine Minara S Ruky (13 January 2026), who considers government intervention in setting upper interest rate limits as a reasonable step to protect the public. Adapundi also notes several aspects in the decision that do not reflect the entirety of the trial facts.