Tech Company Financing Transactions
JULO Funding Round
JULO closed a $80 million financing round on 4/13/2022. Investors included Central Capital Ventura, East Ventures and Gobi Partners.
Transaction Overview
Company Name
Announced On
4/13/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$80,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The $30 million in equity will be used to advance JULO's analytics, for product development, marketing, and customer acquisition plans by hiring additional talent across their developer, data scientist and business intelligence teams.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
88 Kasablanka Tower A Lantai 5 Jalan Raya South Jakarta
Jakarta, 12870
Indonesia
Jakarta, 12870
Indonesia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a peer-to-peer lending platform designed to connect institutional lenders to the underbanked through a smartphone application. The company's platform helps loan applicants to carry out the process by simply submitting pictures of personal documents and then receiving their loan within a day upon successful verification, enabling users to manage loans, due dates, and cashback bonuses with alerts and reminders in a hassle-free manner.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
ABRAHAM HIDAYAT
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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