KPAY - KinerjaPay Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0585
-0.0065 (-10.00%)
As of 2:32PM EST. Market open.
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Previous Close0.0650
Open0.0600
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0570 - 0.0700
52 Week Range0.0235 - 0.9499
Volume1,114,406
Avg. Volume1,407,326
Market Cap4.028M
Beta (3Y Monthly)2.50
PE Ratio (TTM)N/A
EPS (TTM)-0.5070
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • PR Newswire

    KinerjaPay Corp Continuing Update on Financing

    The Company, KinerjaPay Corp, (OTCQB: KPAY) would like to update its shareholders and the general public today about its ongoing communication between Gabriel Capital Ltd's bank HSBC and the Company's local bank, China Construction Bank Indonesia. Both parties are still in the process of finalizing the receipt of Gabriel's HSBC bank guarantee. Over the last week, both parties have been exchanging email communications through the Company's representative as well with regards to the arrangement of the Bank Instrument. This process has taken slightly longer than anticipated.

  • KinerjaPay Corp Notified Its Peer-to-peer Lending Platform in Indonesia Will be Permitted in Early December, 2019
    PR Newswire

    KinerjaPay Corp Notified Its Peer-to-peer Lending Platform in Indonesia Will be Permitted in Early December, 2019

    KinerjaPay, through its newly formed Indonesian subsidiary, PT Kinerja Sukses Gemilang, (PT.KSG) announced that it has been notified that its lending permit to operate as a micro loan lending platform for individuals as well as Micro, Small and Medium Enterprises (MSMEs) will be issued in early December, 2019. All such platforms in Indonesia must be registered by the country's Financial Services Authority, known as the OJK. The notification came as a result of the company successfully passing the fit and proper test as well as conducting a live demo of the application and platform last week.

  • PR Newswire

    KinerjaPay Corp. Further Update on Financing

    JAKARTA, Indonesia, Nov. 15, 2019 /PRNewswire/ -- The Company has been informed by Gabriel Capital Ltd., through Mr. Agoeng Noegroho its Chief Investment Officer, that its HSBC bank guarantee should issue to China Construction Bank, Jakarta (CCB) in favor of PT Kinerja Pay Indonesia, a wholly owned subsidiary, within the next week. The delay has been due to administratively adjusting the amount of the initial HSBC guarantee dollar amount to match the initial credit facility provided by China Construction Bank, Jakarta.

  • PR Newswire

    KinerjaPay Corp. Update Financing Process Almost Complete

    JAKARTA, Indonesia, Nov. 8, 2019 /PRNewswire/ -- KinerjaPay Corp., (KPAY), would like to share updates about the financing process. Finalizing the receipt of the initial HSBC bank guarantee from Gabriel Capital Ltd has taken slightly longer than anticipated. The announcement of this facility has attracted several other collateral suppliers to want to deliver the first $25 million major bank guarantee.

  • PR Newswire

    KinerjaPay Corp. (KPAY) Successfully Negotiated an Initial $25 Million Non-recourse Credit Facility With Its Local Bank

    JAKARTA, Indonesia, Oct. 23, 2019 /PRNewswire/ -- KinerjaPay Corp., (KPAY), has successfully concluded negotiations with its local bank, China Construction Bank Indonesia (CCBI), which will provide the Company with a $25 million, non-recourse credit facility.  This credit facility will be accessed by the Company utilizing the Gabriel Capital Ltd. ("Gabriel") HSBC bank guarantee, the draft of which has already been approved by the Bank's Credit Committee.  Gabriel is a privately-owned, Indonesian family controlled entity, based in Singapore. The final HSBC bank guarantee for $25 million is expected to be received in KinerjaPay's account with CCBI within the week.  Upon delivery of the collateral, KinerjaPay will draw down the guaranteed net proceeds of $22.5 million in three monthly tranches of $7.5 million commencing within 48 hours of receipt of the final bank guarantee.

  • PR Newswire

    KinerjaPay Corp. Updates Shareholders About Subscriptions From Several "High-Net-Worth" Investors

    JAKARTA, Indonesia, July 29, 2019 /PRNewswire/ -- KinerjaPay Corp., a Delaware corporation (KPAY), a digital payment and e-commerce platform, ("KinerjaPay" or the "Company") today announced an update reporting to its shareholders and the investing public regarding investment commitments received by the Company. Since our announcement on May 23, 2019 release, the Company has achieved significant progress in closing its transaction with the pending investor, the Wahana Group, and has also received commitments from several new "high-net-worth" investors from Singapore, Malaysia, and Indonesia. All of these new investors have either signed the Term Sheets provided by the Company and/or the Subscription Agreements for Preferred Stock, similar to that of our previously announced Wahana Group arrangement.

  • PR Newswire

    KinerjaPay Confirms Timing of Local Bank's Monetization of Recently Received Bank Guarantee From the Wahana Group

    In the process, the Company has submitted and completed all documents required by the lead bank to obtain the banking facility for the acquisition of projects it will undergo. KinerjaPay is also continuing to work with the local banking syndicate to receive the rest of the co-funding monetization from the $100 million SWIFT Bank Guarantee from the Wahana Group throughout June and July. Mr. Edwin W. Ng, CEO of KinerjaPay Corp. (KPAY) stated, "We are looking forward to receiving the cash to start our expansion and investment program.

  • PR Newswire

    KinerjaPay Corp. Confirms Completion of a Substantial Amount of the Equity Funding From The Wahana Group's Subscription Agreements

    NEW YORK and JAKARTA, Indonesia, May 2, 2019 /PRNewswire/ -- KinerjaPay Corp. a Delaware corporation, (KPAY) (the "Company" or "KPAY"), a Digital Payment and e-Commerce Platform, today announced that the Company has received a SWIFT transfer in the value of US$100 million from the Investor's Bank as part of PT.

  • PR Newswire

    KinerjaPay Corp. Updates Investors About Equity Funding From Wahana Group and P2P License

    JAKARTA, Indonesia, April 18, 2019 /PRNewswire/ -- KinerjaPay Corp. a Delaware corporation, (KPAY) (the "Company" or "KPAY"), a Digital Payment and e-Commerce Platform, today announced that the SWIFT transfer in the value of US$100 million from PT. Investa Wijaya Pembangunan's (the Investor) Bank has been initiated and the proof of the banking instrument transmission has been received by the Company. This particular SWIFT message transfer will be part of the issuance and sale of $200 million of the Company's newly authorized shares of Series F and Series G Convertible Preferred Stock (the "Preferred Stock") for $200 million, which Preferred Stock is convertible at $1.80 per share and subject to a 9.99% beneficial ownership limitation provision.

  • PR Newswire

    KinerjaPay Welcomes Angela Wong as Its New Chief Corporate Strategist

    NEW YORK and JAKARTA, Indonesia, April 5, 2019 /PRNewswire/ -- KinerjaPay Corp. (KPAY) (the Company) today extended its warm welcome to Ms. Angela R. Wong as its new Chief Corporate Strategist. The Company strongly believes that this unparalleled appointment of Ms. Wong to its core Management team will help transform the Company into World class business structure. Ms. Wong is a seasoned and professional financial advisor, legal practitioner, ‎business woman, as well as a one-of-a-kind investment strategist.

  • PR Newswire

    Further KinerjaPay Corp. Update Regarding Its New Equity Funding

    JAKARTA, Indonesia, March 18, 2019 /PRNewswire/ -- KinerjaPay Corp, a Delaware corporation, (KPAY) (the "Company" or "KPAY"), a Digital Payment and e-Commerce Platform, today announced further progress to securing the subscription proceeds of $200 million in equity funding from Indonesian-based PT. As previously reported in the Company's Form 8-K filed on January 8, 2019, the Company entered into a binding commitment with Wahana Group for the issuance and sale of $200 million of the Company's newly authorized shares of Series F and Series G Convertible Preferred Stock (the "Preferred Stock") for $200 million, which Preferred Stock is convertible at $1.80 per share and subject to a 9.99% beneficial ownership limitation provision.

  • PR Newswire

    Further Notice From KinerjaPay Corp. Regarding Its New Investment

    KinerjaPay Corp., a Delaware corporation (KPAY), a digital payment and e-commerce platform, ("KinerjaPay" or the "Company") announced today that the Company has filed a Form 8-K report with SEC updating the disclosure in the Company's Form 8-K filed with the SEC on January 8, 2019. The Company reported on the January 8, 2019 Form 8-K its acceptance of a subscription from a major Indonesian investor, the Wahana Group, for $200 million for newly authorized shares of Series F and Series G Convertible Preferred Stock, convertible at $1.80 per share, subject to a 9.99% blocker.

  • PR Newswire

    KinerjaPay Corp. Comments on Recent Trading Activities and Promotional Activity Pursuant to OTC Markets Request

    NEW YORK, Jan. 22, 2019 /PRNewswire/ -- KinerjaPay Corp., a Delaware corporation (KPAY), a digital payment and e-commerce platform, ("KinerjaPay," "KPAY" or the "Company") is issuing this press release in response to an inquiry by the OTC Markets regarding promotional activity of the Company and its common stock which the Company first became aware of on January 16 and 17, 2019, during which the Company was one of the many public Companies making presentations at 2019 Wall Street Conference in Palm Beach, Florida.

  • PR Newswire

    KinerjaPay Corp. Signed Major Investment Agreement With PT. Investa Wahana Development (Wahana Group)

    KinerjaPay Corp., a Delaware corporation (KPAY), a digital payment and e-commerce platform, ("KinerjaPay" or the "Company") announced that it has received a signed commitment from PT. Investa Wahana Group, Indonesia to invest $200 million, subscribing for $100 million in shares of the Company's Series F and an addition $100 million in shares of the Company's Series G Convertible Preferred Stock.