JAKARTA – PT Bank Amar Indonesia Tbk (AMAR), one of Indonesia's digital banks, has officially partnered with JULO Group, a leading fintech lending platform in the country, to offer AMAR’s embedded banking services.

This strategic collaboration will provide comprehensive banking features and loan solutions within one application to JULO’s 2.58 million users.

The official statement also mentioned that the credit facility available to JULO users could reach up to IDR 50 million.

"With the introduction of Amar Bank’s embedded banking services, we are transforming our platform into a more comprehensive solution to meet the broader financial needs of our users," said Adrianus Hitijahubessy, Director of JULO Group.

The integration of banking services into the fintech platform is expected to strengthen JULO’s position as a trusted financial partner for users who are underserved by traditional banking.

“Together, we are addressing a critical gap in financial services for millions of Indonesians,” added Vishal Tulsian, President Director of Amar Bank.

AMAR had first launched its embedded banking services in December 2024. The bank has since partnered with seven platforms across various industries, including logistics, travel, and commerce, such as eFishery, Tokban, and SAHARA. (ZH)