Credit Saison accelerates JULO’s ambition to re-envision traditional cash loans in Indonesia with US$80 mil investment
Julo’s digital lending business will be supercharged with fresh support and US$80 million in funding from Credit Saison to improve credit access for Indonesia’s underserved by traditional lenders and buy now pay later platforms.
Aims to become the region’s largest merchant network, insurtech policy provider and fintech lender, all within one platform in 2019.
Offers lending and insurance facilities for millions in Southeast Asia.
Round was led by Credit Saison and more than 10 institutional investors.
Singapore-based MatchMove Pay announced that it has completed an investment round, with Japan’s Credit Saison as the lead investor. The sum was undisclosed.