Fintech Lending Industry Grows Rapidly, JULO Strengthens Credit Quality
Jakarta, Indonesia - The fintech lending or online lending (pindar) industry in Indonesia continues to show growth from year to year. Data from the Financial Services Authority (OJK) records outstanding loan values reaching Rp98.54 trillion as of January 2026, growing 25.52% year-on-year.
Alongside the industry’s growth, various fintech companies continue to strengthen their business fundamentals, particularly in risk management and credit quality. PT JULO Teknologi Finansial (JULO) has revealed several strategies implemented to maintain healthy development in 2026.
“We see there is still much room for growth in this industry. However, moving forward, credit quality will be a key factor. Therefore, we continue to refine our underwriting process to ensure appropriate and sustainable credit disbursement,” said Harri Suhendra, President Director of JULO.
In January 2026, JULO recorded a 90-day Repayment Success Rate (TKB90) of 99%, reflecting maintained credit quality amid increased financing disbursement. JULO also consistently fulfils reporting obligations to the Financial Information Service System (SLIK) as part of its commitment to transparency and governance.
As a digital credit platform, JULO continues to expand its service reach to communities across Indonesia. Up to 2025, the JULO app has been downloaded more than 25.6 million times on the Google Play Store and App Store.
Along with this growth, JULO continues to enhance various literacy programmes periodically, as well as various promotions to encourage responsible credit usage. With this approach, JULO has successfully maintained a balance between growth and credit quality, while supporting the development of a healthy and responsible digital financing ecosystem in Indonesia.
Andri S., a loyal JULO user since 2020, shared his experience using funding to improve quality of life. “I signed up for JULO when I wanted to start a small business. I used the limit to find clothing suppliers, buy a domain, and create attractive packaging. Within about six months, my business grew. Now I have a small office and have started exporting abroad.”
As a homegrown digital credit platform licensed and supervised by the OJK, JULO has been trusted by more than 3.29 million users across Indonesia, from Aceh to Papua, with more than 25% of loans disbursed outside Java. More than Rp27 trillion has been disbursed for business capital, education and health costs, to household needs. JULO offers limits up to Rp50 million with flexible tenors up to 12 months and competitive interest rates in accordance with OJK regulations.
The JULO app can be downloaded for free on the Google Play Store and App Store. New users can get a cashback of Rp50,000 on their first transaction if they register with the referral code MELESAT.
About JULO
JULO is an innovative homegrown financial technology company committed to providing digital credit access solutions via smartphone apps to the people of Indonesia. Easy and affordable credit access will help the community become more empowered in meeting financial needs, improving quality of life, increasing productivity, and driving the country’s economic circulation. JULO is also one of the first financial technology companies to provide a national digital-based credit underwriting process and risk assessment platform to process consumer credit applications and determine creditworthiness through smartphone apps.
Founded at the end of 2016, JULO loans are now accessible throughout Indonesia. The company is based in Jakarta and supported by leading venture capital firms including Credit Saison, Skystar Capital, Saratoga Investama, East Ventures, Quona Capital, Central Capital Ventura, MDI Ventures, and Gobi Partners. JULO officially holds a business licence for service providers in accordance with OJK letter number KEP-16/D.05/2020 dated 19 May 2020. Since entering the peer-to-peer lending industry in the country, JULO has secured various funding rounds, namely Series A funding of US$10 million in 2018 and Series B funding of US$80 million in 2022. This funding has opened opportunities for JULO to continue growing and providing practical and accessible digital credit services to all Indonesian people.
JULO has been downloaded more than 25.6 million times and has disbursed digital credit to more than 3 million customers across Indonesia. JULO has won several awards through its commitment to social development, business ecosystem, and business landscape, such as Winner of Indonesia Fintech Festival (2016), Winner of UN Fintech Challenge (2018), Winner of Inclusive Fintech 50 (2019), Financial Inclusion of the Year & Consumer Lending Product of the Year from Asian Banking and Finance Retail Banking Awards 2024, and Asia FinTech Awards 2024.