Dok/Bank Amar Indonesia Tbk

Amar Bank And JULO Are Working Together To Create Integrated Banking And Credit Services

Thursday, 16 Jan 2025

Amar Bank, a leader in digital banking innovation, has announced a strategic partnership with JULO Group, a top fintech lending platform in Indonesia. This collaboration allows 2.58 million JULO users to access embedded banking services from Amar Bank. As a result, JULO is evolving into a comprehensive financial platform that combines banking features and loan solutions in one seamless application.

This partnership highlights a shared commitment to promote financial inclusion and assist millions of Indonesians in accessing financial services. By integrating Amar Bank's innovative banking capabilities, JULO Group enhances its digital banking features, enabling users to not only obtain credit but also enjoy banking services tailored to various needs.

“At Amar Bank, our mission is to transform banking through technology and make it accessible to all,” said Vishal Tulsian, President Director of Amar Bank. “Partnering with JULO Group fulfills this mission, allowing us to reach underserved communities with limited access to banking, while also supporting JULO's growth as a platform that goes beyond credit solutions. Together, we are addressing significant gaps in financial services for millions of Indonesians.”

This integration strengthens JULO's position as a trusted financial partner for its users, including those from underserved communities. Users can now easily manage their financial needs—from accessing loans to utilizing essential banking services—all within a single application. This seamless experience reduces access barriers, builds trust, and promotes financial literacy, helping users create a stable financial future with flexible credit limits of up to 50 million rupiah.

JULO's mission is to empower millions of Indonesians through accessible financial solutions, said Adrianus Hitijahubessy, Director of JULO Group. "With the introduction of embedded banking services from Amar Bank, we are transforming our platform into a more comprehensive solution to meet a wider range of user financial needs. This collaboration strengthens our commitment to financial inclusion and adds greater value for our customers."

For JULO Group, this partnership marks a significant milestone in its journey. By integrating banking services from Amar Bank, JULO enhances its offerings while maintaining its core identity as a fintech lending service. This development positions JULO as a platform that supports financial empowerment, combining the flexibility of fintech lending with the added capabilities of embedded banking solutions.

This integration boosts customer satisfaction and loyalty by providing practical and convenient tools for managing everyday financial needs. Additionally, it increases JULO's appeal to new users seeking credit and banking solutions in a unified digital experience.

The collaboration between Amar Bank and JULO reflects a larger vision to address financial inequality and empower individuals through technology-based solutions. The impact of this partnership goes beyond convenience; it contributes to creating an inclusive financial ecosystem that opens opportunities for millions of Indonesians, enabling them to save, transact, and enhance their financial capabilities with ease.



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