About JULO
JULO is a company based in Jakarta (Indonesia) founded in 2016 by Adrianus Hitijahubessy.. JULO has raised $105 million across 6 funding rounds from investors including Saison Card, Quona and Saratoga. JULO offers products and services including Dana Tunai, Paylater, and Tagihan Online. JULO operates in a competitive market with competitors including WeLab, Kredivo Holdings, UangMe, Pendanaan and GoPay, among others.
- Headquarter Jakarta, Indonesia
- Founders Adrianus Hitijahubessy
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pt. Julo Teknologi Finansial
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$105 M (USD)
in 6 rounds
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Latest Funding Round
$50 M (USD), Debt – Conventional
Apr 13, 2022
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Investors
Saison Card
& 11 more
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Employee Count
Employee Count
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Products & Services of JULO
JULO offers a comprehensive portfolio of products and services, including Dana Tunai, Paylater, and Tagihan Online. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers cash loans for immediate financial needs via app.
Enables deferred payments for online shopping transactions.
Facilitates online payments for utilities and services.
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Funding Insights of JULO
JULO has successfully raised a total of $105M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $50.0M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series B - JULO | Valuation | Credit Saison | |
| Apr, 2022 | Amount | Debt – Conventional - JULO | Valuation |
investors |
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| Feb, 2022 | Amount | Series B - JULO | Valuation | Credit Saison |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in JULO
JULO has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Saison Card, Quona and Saratoga. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech startups are funded by Skystar Capital venture fund.
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Founded Year | Domain | Location | |
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Private equity investments in Indonesia are managed by the firm.
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Founded Year | Domain | Location | |
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by JULO
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - JULO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Julo Comparisons
Competitors of JULO
JULO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeLab, Kredivo Holdings, UangMe, Pendanaan and GoPay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products are offered through an online platform.
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| domain | founded_year | HQ Location |
A consumer lending platform for financial applications is provided.
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| domain | founded_year | HQ Location |
Personal loans are enabled via a P2P lending platform.
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| domain | founded_year | HQ Location |
Short-term mobile loans are facilitated through an automated platform.
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| domain | founded_year | HQ Location |
GoPay is recognized as a leading digital wallet in Indonesia.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Julo
Frequently Asked Questions about JULO
When was JULO founded?
JULO was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is JULO located?
JULO is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of JULO?
Adrianus Hitijahubessy is the current CEO of JULO. They have also founded this company.
Is JULO a funded company?
JULO is a funded company, having raised a total of $105M across 6 funding rounds to date. The company's 1st funding round was a Series B of $60M, raised on Jul 19, 2017.
What does JULO do?
Founded in 2016 and based in Jakarta, Indonesia, JULO operates as a fintech platform in the personal lending sector. User registration is handled through personal documents, email, and mobile number verification. Creditworthiness is assessed using machine learning algorithms. Services encompass bill payments, fund withdrawals, and transaction management, with the application accessible on the Android platform.
Who are the top competitors of JULO?
JULO's top competitors include WeLab, Kredivo Holdings and UangMe.
What products or services does JULO offer?
JULO offers Dana Tunai, Paylater, and Tagihan Online.
Who are JULO's investors?
JULO has 12 investors. Key investors include Saison Card, Quona, Saratoga, Skystar Capital, and East Ventures.