Akulaku Finance secures Rp500 billion working-capital facility from Bank Danamon
What's the deal? PT Akulaku Finance Indonesia has secured a Rp500 billion (roughly $30M) funding facility from PT Bank Danamon IndonesiaDealroom has a profile for this one. Try Dealroom → to strengthen its working capital and expand digital lending services across Indonesia. The deal was signed in Jakarta on June 8, 2026.
The facility will fund Akulaku Finance's growing operations as demand for digital financing rises. Akulaku Finance is part of the Akulaku Group ecosystem and is a strategic partner of Danamon.
"This collaboration is part of our effort to strengthen the company's funding structure," said Perry Barman Slangor, president director of Akulaku Finance Indonesia. "The synergy with Danamon is expected to support the development of financing services that are increasingly relevant to public needs."
Why now? Indonesia's digital economy is expanding rapidly, and consumer demand for digital lending products is climbing alongside it. Akulaku Finance disbursed Rp7.44 trillion in financing throughout 2025 and is targeting Rp8.2 trillion in 2026 — growth that requires fresh working capital.
For Danamon, the deal aligns with the strategy of its parent company, MUFG BankDealroom has a profile for this one. Try Dealroom →, to drive growth across its financial group. Jin Yoshida, Danamon's director of global alliance strategy, called it "a strategic step in strengthening financing support for the technology-based multifinance sector in Indonesia."
What could go wrong? Digital lending in Indonesia has faced scrutiny over consumer protection and responsible lending practices. Rapid growth in loan disbursements can strain credit quality if risk management doesn't keep pace. Regulatory tightening in the multifinance sector could also affect expansion plans.
The signal: The deal reflects a broader trend of traditional banks partnering with digital finance companies rather than competing with them. As Indonesia pushes to extend formal financial services to its large underbanked population, these bank-fintech collaborations are becoming the preferred model — combining the capital strength of legacy institutions with the tech-driven reach of digital lenders.
Read more: Antara News
