Indonesia’s Julo Raises $10M to Expand Its P2P Lending Platform
Through its eponymous Android app, Julo provides loans of about $300 to users at aggressively competitive rate of 3-5% per month.
Through its eponymous Android app, Julo provides loans of about $300 to users at aggressively competitive rate of 3-5% per month.
Those cities are part of Julo’s plan to expands to all over Indonesia. it also expected to support OJK's target for financial inclusion.
Julo will use the capital to accelerate financial inclusion in Indonesia, focusing on 100 million underbanked people to obtain loans for their personal use.