Heaptalk, Jakarta — Amar Bank has officially partnered with Julo Group, a fintech lending platform, to provide 2.58 million Julo users with access to embedded banking services, as reported by Kontan (01/14).
This partnership integrates Amar Bank’s banking capabilities and enhances digital banking features on the Julo platform. As a result, users can access credit while enjoying other banking services within a single application, with flexible credit limits of up to Rp50 million.
Vishal Tulsian, President and Director of Bank Amar Indonesia, stated that the company brings a mission to transform the banking sector through technology and to make it accessible to all layers of society. He said, “Collaboration with Julo Group realizes this mission, allowing us to reach underserved and underbanked communities while supporting the growth of Julo as a platform that goes beyond credit solutions.”
Adrianus Hitijahubessy, Director of Julo Group, is optimistic that the presence of Amar Bank’s embedded banking services will enable the Group to transform the platform into a more comprehensive service, meeting users’ broader financial needs. “This collaboration strengthens our commitment to financial inclusion and provides greater value to our customers,” Adrianus stated.
Furthermore, this collaboration is expected to address financial disparities and empower individuals through technology-based services. Moreover, Amar Bank and Julo also aim to create an inclusive financial ecosystem, opening opportunities for millions of Indonesians and enabling them to save, transact, and improve their financial capabilities easily.
