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JULO Launches Full Options of Digital Credit score, Empowers Indonesia to Reside Your Life

JAKARTA, Indonesia, Sept. 24, 2021 /PRNewswire/ — Established in Indonesia as expertise firm, PT. JULO Teknologi Finansial (JULO) launches digital credit score with complete options together with money and non-cash transactions. The official launch of JULO Digital Credit score is being launched by way of “Hidupkan Hidupmu” (Reside your Life) marketing campaign that empowers Indonesia to reside their life to the fullest with JULO Digital Credit score. As a totally licensed peer-to-peer lending participant, JULO is dedicated to offering credit score entry to hundreds of thousands of shoppers throughout Indonesia and driving monetary inclusion within the nation.

Indonesian Fintech JULO launches full options of digital credit score to encourage empowerment by way of monetary stability

With the launch of JULO digital credit score, customers can make the most of their – as much as 15 million IDR (1 thousand greenback USD) – restrict for numerous transactions, together with fund withdrawal, fund switch, telephone credit score prime up, utilities invoice cost, e-wallet top-up, e-commerce and QRIS cost. Newest JULO characteristic QRIS (Fast Response Indonesia Commonplace) permits customers to transact at any of 8 million QRIS enabled retailers nationwide. As well as, with the low rate of interest from 0.1% per day, customers will be capable of handle cashflow and fulfill their monetary wants simply from their smartphone.

JULO’s CEO & Co-founder, Adrianus Hitijahubessy states, “JULO product transformation is designed to cater digital transactions simply on prime of the common money mortgage. We consider JULO digital credit score wouldn’t solely present monetary entry to Indonesians but in addition empower them to extend their high quality of life.” “This yr, we have seen important will increase in client demand as we document greater than 100% development in disbursement from the yr of 2020 yr to this point,” provides Adrianus Hitijahubessy.

Puri, one among JULO customers, admits that JULO has been serving to her in fulfilling her important wants. “I take advantage of the JULO fund withdrawal characteristic to satisfy my wants. Furthermore, it has been such a breeze within the course of,” explains Puri. Ariyanto, one other JULO person says, “The digital credit score has actually helped me to step up throughout this hardship. I can purchase some requirements with it.”

Beside launching the brand new JULO credit score digital, JULO encourages Indonesians to be empowered in attaining life targets. The empowerment challenge began by inviting audiences to share their salutation to their environment on social media. This invitation is properly appreciated by the general public with greater than 100 individuals participating on this marketing campaign and posting their salutes throughout platforms. One of many participant @dr**ny gave her salutation to academics and tweetedSalute to academics who take on-line instructing to an entire new stage. You guys are my inspiration. #HidupkanHidupmu (#LiveYourLife)”.

Head of Advertising and marketing JULO, Mikhal Anindita states, “It is nice to see the keenness and participation in Hidupkan Hidupmu marketing campaign. By means of this marketing campaign, JULO desires to share appreciation to everybody who aspires to maneuver ahead and fulfill their life. On this unideal pandemic interval, we actually want the constructive vibes to empower ourselves to beat life challenges that we face.”

As one of many greatest growing nations worldwide, the 40% monetary literacy fee in Indonesia has turn into a problem to monetary practitioners (OJK Monetary Literacy Survey, 2020). One of many famend monetary literacy platforms, Overheard Keuangan shares his settlement. “Majority of Indonesians have a lack of awareness in using credit score amenities. A lot of them had been trapped into consumptive habits. In actuality credit score amenities might be useful when used correctly the place it may finally stimulate Indonesia financial development altogether. My salute goes to JULO who’s dedicated to spice up monetary literacy apart from doing its enterprise.” provides the content material creator.

Up to now, 70% of JULO digital credit score loans have been used for all times enchancment, resembling enterprise capital, home renovation, healthcare and schooling functions. JULO believes product transformation to digital credit score mixed with steady monetary schooling would allow prospects to make use of the digital credit score product successfully and finally prospects may empower themselves to reside their life to the fullest.

About JULO

JULO is a digital credit score firm that’s revolutionizing entry to financial merchandise for hundreds of thousands of rising shoppers in Indonesia. The corporate has developed the first digital data-driven credit score underwriting and threat evaluation platform to course of client credit score functions and decide their creditworthiness utilizing its cellular app.

Based on the finish of 2016, JULO has expanded nationwide. JULO is predicated in Jakarta and is backed by main enterprise capital firms. JULO has been formally licensed because the supplier underneath OJK circulation No KEP-16/D.05/2020 on 19 Could 2020.

JULO has been downloaded by greater than 5 million customers and facilitated credit score entry to tons of of 1000’s of consumers. JULO has gained a number of awards particularly; Winner of Indonesia Fintech Competition (2016), Winner of UN Fintech Problem (2018), and Winner of Inclusive Fintech 50 (2019). For extra data, please go to