Online Loans Grow 25.52%, Credit Quality Becomes Key
The Indonesian fintech lending or online loan (pindar) industry continues to demonstrate year-on-year growth. Data from the Financial Services Authority (OJK) records the value of loans 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 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, going forward, credit quality will be a key factor. Therefore, we continue to refine the 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. The company also fulfils reporting obligations to the Financial Information Service System (SLIK) as part of its commitment to transparency and governance.
Andri S, a loyal Julo user since 2020, shared his experience using the funding to improve his quality of life. When starting a small-scale business, the provided limit was used to find clothing suppliers, purchase a domain, and create attractive packaging.
“In about six months, my business developed. Now I have a small office and have started exporting abroad,” he said.
With limits up to Rp50,000,000 that can be used repeatedly, Julo provides flexibility for users to manage various financial needs simultaneously.
OJK recorded more than 370,000 reports of financial transaction fraud from January to November 2025, with potential losses reaching Rp8.2 trillion.
OJK is increasing vigilance and preparing anticipatory measures to maintain financial system stability amid rising global uncertainties.
The Financial Services Authority (OJK) continues to strengthen law enforcement and cross-stakeholder synergies to maintain stability in the financial sector.
OJK notes that capital resilience is at a very strong level, providing room for expansion as well as adequate risk buffers.