JULO
Latest round
- Series B
Last raised
- Jun 2022
Total raised
- $53M
Investors
- 12
About JULO
PT.Founded in 2016 and headquartered in South Jakarta, Indonesia, PT. Julo Financial Technology focuses on providing accessible financial solutions through its mobile application.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.JULO's revenue generation model revolves around the interest and fees charged on its loan products.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.
Who invested in JULO
12 investors across 3 rounds
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Questions about JULO
Who invested in JULO?
JULO has 12 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has JULO raised?
JULO has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did JULO last raise money?
JULO's most recent round on record is a Series B, in Jun 2022.
What does JULO do?
JULO is a financial services company.
Where is JULO headquartered?
JULO is headquartered in Jakarta, Indonesia.
Which VCs invest in companies like JULO?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at JULO's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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