JULO

PT. Julo Financial Technology is a fintech company based in Indonesia that specializes in providing digital credit solutions through its mobile platform, facilitating access to quick and secure loans for individual users. Founded in 2016 and headquartered in South Jakarta, Indonesia, PT. Julo Financial Technology focuses on providing accessible financial solutions through its mobile application.

The company has raised a total of USD 38. 20 mn in Series B funding as of June 30, 2022, with investments from various venture capital firms, including Credit Saison, AC Ventures, and MDI Ventures. Adrianus Hitijahubessy, one of the co-founders, serves as the CEO. PT JULO Teknologi Finansial offers digital credit solutions primarily through its mobile application, which provides users with access to quick and secure loans ranging from IDR 500,000 to IDR 50,000,000.

Launched in compliance with the regulations set forth by the Otoritas Jasa Keuangan (OJK), JULO's services cater to the Indonesian market, targeting individuals who may have difficulty obtaining traditional bank loans. The platform utilizes advanced technology, including big data and machine learning algorithms, to assess creditworthiness. Users can access various services such as cash loans, e-commerce payment options, utility bill payments, and educational expenses. The customer base consists of Indonesian citizens aged between 18 and 65 who possess a valid KTP (National Identity Card) and have a minimum monthly income of IDR 2,500,000.

JULO's revenue generation model revolves around the interest and fees charged on its loan products. The company facilitates transactions through its app, with repayment options ranging from 61 to 270 days and competitive interest rates starting from as low as 0. 1%. For example, a user borrowing IDR 8 million might have a structured repayment plan tailored to their financial capabilities, with clear monthly installments.

This direct-to-consumer approach enables JULO to establish a relationship with its end-users while promoting financial inclusivity in Indonesia's growing fintech landscape. In July 2026, JULO raised USD 5 million in venture funding from returning investors Credit Saison, Quona Capital, Skystar Capital, and East Ventures. The company will use the July 2026 funding to support its growth and expansion plans initiatives.