Akulaku Targets Distribution of Funding Translucent 39,2 Trillion Rupiah This Year

Akulaku, a startup engaged in financing, is targeting loan disbursement of IDR 39,2 trillion this year, up 300% compared to the previous year. This increase will be carried out by expanding the city, launching new features, and improving existing features.

This quite ambitious target was set because it wanted to repeat the success of the previous year of IDR 9,8 trillion with an average of 1,8 million transactions occurring each month. Akulaku claiming last year's achievement also rose 300% in 2017.

"2018 was a good year for us. All the breakthroughs and developments that we have done, are currently doing, and will do are a form of commitment to support government programs in realizing financial inclusion," explained the Director of Corporate Affairs and Public Relations Akulaku Indonesia Anggie Setia Ariningsih, Wednesday (30/1).

Not only that, the company is also targeting the number of active users to reach 30 million people, from before 10 million people. User Akulaku, according to Anggie, spread throughout Java, Medan, Palembang and Padang.

Demographically, the majority of them are aged between 21-45 years old who work as employees and housewives. The product categories that users buy the most are gadgets and electronics, household appliances, baby & kids, fashion, and virtual services.

later Akulaku will be present in more than 10 cities by completing presence in Sumatra and Kalimantan. The company is also starting to look at the potential in eastern Indonesia. Application Akulaku has been downloaded more than 15 million times and have 120 thousand merchants.

"The challenge when going to the East is to know the demographics of the people there, what are their habits and so on. Research like this takes a little longer, but we continue to strive to continue towards eastern Indonesia."

Related investment rumors series D followed by Ant Financial, Anggie declined to comment further. He just gave that statement Akulaku has enough investors to support its business this year and next year.

Angie mentions 98% risk assessment di Akulaku performed by machine learning and various risk module to implement risk analysis and anti-fraud. This system aims to prevent and minimize manual, internal errors fraud, and other mistakes that often occur in conventional companies.

It is claimed that in this way the company can reduce the rate of bad loans. Although refusing to specify, Akulaku claim bad credit remains below 5%, in accordance with OJK regulations.

"From the beginning we have guarded from the front and back, so for action fraud can be detected from the start. Even if it is true that it is in arrears, we will continue to process the collection according to what is regulated by the OJK and associations."

product wise, Akulaku has four business lines. First, Sell ​​on Akulaku, a marketplace within the application that can be used for transactions at merchants and official stores. When users are interested in buying these products, they can be facilitated with credit services from Akulaku.

Second, Akulaku Pay for integrated payment systems on e-commerce platforms that have partnered with Akulaku. Next, Akulaku lending for cash loan services to users (both consumers and merchants) provided by Assetku, a subsidiary Akulaku.

The newest one is Akulaku Offline as a payment facility in offline merchant with barcode scanning.