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Leading Indonesian Fintech JULO Accelerates Insurance Inclusion with Financial Inclusion through JULO Protect Plus

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JAKARTA, Indonesia, May 28, 2024 /PRNewswire/ —  JULO, a leading Indonesian financial technology company, has successfully provided insurance coverage to over 200,000 customers in the form of existing gadget protection in just three months. JULO Protect Plus is a first-in-market collaborative insurance cover embedded within the core JULO virtual credit card solution. This benefit, launched under the JULO Cares platform, provides a unique gadget protection cover for customers’ smartphones to ensure that they never lose access to their JULO digital credit app.

Collaborating with Qoala as the Indonesian omnichannel insurtech company that provides insurance solutions through an integrated digital platform and Sompo Insurance – a global general insurer with a track record of more than 48 years in Indonesia, JULO Protect Plus has been conceived to empower Indonesians. It provides easy policy activation and protects customers’ existing smartphones against all forms of device damage, ranging from dropping their phone by accident to incidents of phone theft. Easy in-app activation in the JULO app makes the entire process convenient and hassle free for customers.

Chief Business Officer of JULO Group, Nimish Dwivedi, stated, “Along with our strategic partners, we launched JULO Protect Plus to ensure that our valued customers never lose access to their JULO app. It is gratifying to see so many customers already benefiting from this unique cover.”

The success of JULO Cares is further validated by testimonials from some of JULO’s over two million valued users. Reza, a JULO user and a driver in Jakarta, commented – “Frankly, I didn’t have any high expectations from this insurance service. However, the claim submission has been surprisingly hassle-free one and the related team was responsive in answering all of my queries. I’m happy with the overall process!” Another user from Tangerang, Mochamad, also shared his experience, “With an end-to-end online claim process, JULO Cares was such a lifesaver when my phone was damaged. It really helped me financially as it significantly reduced the repair cost. I’ve been using JULO for 2 years and this feature surely enhances the experience of using the app.”

“For rolling out JULO Protect Plus, our engineering team worked with a fintech plus insurtech perspective along with Qoala and Sompo to develop a smooth and hassle free in-app policy issuance and a convenient claim process.” said Manoj Awasthi, Chief Technology Officer of JULO.

Being in the fintech industry for the last 7 years, JULO has consistently launched a range of product innovations to promote financial inclusion among Indonesians, through the JULO virtual credit card. This product bridges the low penetration of conventional credit card in the country by offering a credit limit that can be used for cash and non-cash transactions, including e-wallet top-up, e-commerce payment, and utilities bill payment.  In the last one year, JULO also launched JULO Education, a financing service dedicated to supporting the advancement of education in Indonesia, covering more than 250,000 formal and non-formal educational institutions nationwide. Also, JULO Health, which offers a distinctive health care financing feature – covering all hospitals, clinics, dental care, pharmacies, to laboratories and diagnostic centers. 

About JULO

JULO is an Indonesian leading fintech company that is revolutionising access to financial products for millions of emerging consumers in Indonesia. Facilitating improved and practical digital credit access, financial empowerment has been the focus of JULO to improve the life quality of every Indonesian. The company is one of the first to develop a digital data-driven credit underwriting and risk assessment platform to process consumer credit applications and determine their creditworthiness using its mobile app.

Founded in 2016, JULO has expanded nationwide. JULO is based in Jakarta and is backed by leading investors including Credit Saison, Skystar Capital, Saratoga Investama, East Ventures, Quona Capital, Central Capital Ventura, MDI Ventures, Gobi Partners and others. JULO has been officially licensed as the provider under OJK circulation No KEP-16/D.05/2020 on 19 May 2020. Since then, JULO has been supercharged with rounds of funding to expand its services in providing accessible digital credit service across Indonesia.

JULO has been downloaded more than 10 million times and has facilitated credit access to more than 2 million customers. Our commitment and contribution to the society, business ecosystem and the business landscape have been recognized with numerous awards and recognitions. JULO has won several awards namely; Winner of Indonesia Fintech Festival (2016), Winner of UN Fintech Challenge (2018), Winner of Inclusive Fintech 50 (2019) and Gold Winner of Marketing Excellence Awards Indonesia 2023 – Excellence in Brand Awareness. For more information, visit https://www.julo.co.id

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SOURCE JULO

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Employer Ghosting Exposed: Virtual Vocations Survey Uncovers the Impact of Silence in the Hiring Process

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Discover how employer ghosting impacts remote jobseekers and what candidates want from hiring processes. Virtual Vocations’ latest survey reveals key insights into improving communication and transparency.

TUCSON, Ariz., Jan. 5, 2025 /PRNewswire-PRWeb/ — Virtual Vocations, a leading platform for remote jobseekers, has released the results of its latest survey uncovering a growing trend in the remote work hiring landscape: employer ghosting. The company’s Employer Ghosting Survey highlights how candidates navigating the increasingly competitive remote job market are being left in the dark by potential employers.

“Employer ghosting is more than just a missed connection—it’s a critical failure in communication that leaves jobseekers feeling undervalued and disillusioned. Our survey highlights the urgent need for employers to prioritize transparency.” –Laura Spawn, CEO and co-founder of Virtual Vocations.

This groundbreaking survey collected data from 529 respondents to identify the prevalence of employer ghosting, its impact on jobseekers, and actionable solutions for creating a more transparent and respectful hiring process. The findings reveal a startling disconnect between employers and jobseekers, especially where communication is concerned.

Laura Spawn, CEO of Virtual Vocations, emphasized the importance of addressing this issue, stating, “Employer ghosting is more than just a missed connection—it’s a critical failure in communication that leaves jobseekers feeling undervalued and disillusioned. Our survey highlights the urgent need for employers to prioritize transparency.”

These are key findings and statistics from the survey that illustrate the prevalence of employer ghosting and its effects on candidates navigating the remote job market.

Candidate Experiences with Employer Ghosting

Frequency of Ghosting: 57% of respondents reported being ghosted frequently or almost always during remote job searches.Timing of Ghosting: 67% of candidates felt ghosted after submitting applications, indicating that communication breakdowns are most common in the early stages of the hiring process.Impact on Candidates: 38% of jobseekers either withdrew or considered withdrawing from hiring processes due to poor communication, highlighting the emotional toll of ghosting.

Jobseeker Communication Preferences

Preference for Personalized Communication: 67% of respondents prefer personalized rejection emails, showing the importance of thoughtful engagement from employers.Impact of Application Status Updates: 82% of respondents believe that updates on their application status help reduce feelings of being ghosted.Desire for Specific Feedback: 69% of respondents want specific feedback on rejections, indicating a strong demand for constructive insights to aid in their professional growth.

The Impact of Employer Ghosting on Jobseekers

Negative Perception of Companies: 39% of respondents reported that employer ghosting negatively impacts their view of a company, with 26% reconsidering future applications to that company.Emotional Impact on Jobseekers: 41% of respondents felt frustrated but remained motivated to continue their job search, while 28% felt discouraged and unmotivated after being ghosted.Sharing Experiences on Social Media: 16% of respondents were very likely to share their ghosting experiences on social media, with an additional 20% somewhat likely to do so, potentially amplifying the negative impact on the company’s public image.

Candidate Suggestions for Improving the Hiring Process

Demand for Improved Communication: 29% of respondents want realistic timelines for feedback, 27% advocate for training hiring managers on communication best practices, and 25% highlight the need for better applicant tracking systems.Key Motivators Despite Ghosting: 30% of candidates are motivated by potential career growth, and 29% value flexibility, including remote work, as key factors for staying engaged despite being ghosted.Expectations for Timely Responses: 36% of respondents expect follow-ups within one week after an interview, while 32% find 3–5 days reasonable, emphasizing the importance of prompt communication in the hiring process.

To explore the full Employer Ghosting Survey results, visit the Virtual Vocations blog at https://www.virtualvocations.com/blog/annual-statistical-remote-work-reports/employer-ghosting-survey-results/.

ABOUT VIRTUAL VOCATIONS
Founded in 2007 by CEO Laura Spawn and her brother, CTO Adam Stevenson, Virtual Vocations is a small company with a big mission: to connect jobseekers with legitimate remote job openings. To date, Virtual Vocations has helped more than four million jobseekers in their quests for flexible, remote work.

In addition to providing a database of current, hand-screened, and 100% remote job openings, Virtual Vocations offers jobseekers a number of tools to aid in their job searches, including exclusive career courses, downloadable jobseeker content, and career coaching and resume writing services. Virtual Vocations also releases several data-driven reports each year on current trends in remote work.

Virtual Vocations, Inc. is a private, family-owned, and 100% virtual company incorporated in Tucson, Arizona.

Media Contact

Kimberly Back, Virtual Vocations, Inc., 1 (800) 379-5092 x. 703, kim@virtualvocations.com, https://www.virtualvocations.com

View original content to download multimedia:https://www.prweb.com/releases/employer-ghosting-exposed-virtual-vocations-survey-uncovers-the-impact-of-silence-in-the-hiring-process-302342586.html

SOURCE Virtual Vocations, Inc.

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Partnered with Kiztopia, Creta Class Celebrates the Success of Jumptopia™ Triple Adventure at Marina Bay Sands

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SINGAPORE, Jan. 6, 2025 /PRNewswire/ — The highly anticipated Jumptopia™ Triple Adventure has finally come to a successful close, and Creta Class is proud to reflect on the incredible journey that brought joy and excitement to families across Singapore during the festive season. From 26 November 2024 to 5 January 2025, Marina Bay Sands Expo & Convention Centre Hall C transformed into a vibrant world of adventure, creating unforgettable memories for all families who attended.

This year, Creta Class partnered with Kiztopia to bring a fresh twist to their annual Jumptopia™ event. Beyond exhilarating inflatable slides and challenging obstacle courses, Creta Class showcased its innovative math learning program through an engaging booth with fun-filled activities. Families discovered how Creta Class can bring engaging, interactive learning experiences to young minds, aligning perfectly with the event’s theme of family bonding and edutainment.

“At Creta Class, we’re all about creating experiences through Maths Learning that bring families closer, and Jumptopia™ Triple Adventure was a perfect reflection of that mission,” said Raigo Law, Event & Partnership Manager from Creta Class. “The response has been truly heartwarming, and it’s been an absolute pleasure to see so many families laughing, playing, and making lasting memories together.”

“We are delighted to bring Jumptopia™ back this year with a twist and even more excitement.” said Ms Heidi Tian, Founder and CEO of Kiztopia. “We know how much kids and families love spending time together at Jumptopia™, and this year’s Triple Adventure delivered an experience like never before.”

One of the participants, Cliantha Ooi won a pair of tickets through Creta Class’ lucky draw, and shared her excitement: “Jumptopia™ Triple Adventure was an absolute highlight for our family this holiday season. It was the perfect opportunity for us to bond and create unforgettable memories. We can’t thank Creta Class and Kiztopia enough for such a fun and engaging event!”

As the event concludes, Creta Class continues to stay true to its vision of integrating cutting-edge technology into its products and services, with the goal of creating enjoyable, enriching learning experiences for children around the world.

About Creta Class
Creta Class combines AI technology with educational expertise to deliver a fun and inspiring learning experience for children worldwide, with a presence in the United States, Singapore, Japan, Korea, India, and other regions.

For more information, visit www.cretaclass.com.

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SOURCE Creta Class

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Sharper, Sleeker, Smarter – DORCO Launches Premium Razor SLEEK

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DORCO declares “Shaving to Perfection” with the introduction of SLEEK razor, featuring the brand’s All-New Blade technology.  The new razor is set to be launched in the other countries in the first quarter of 2025.

SEOUL, South Korea, Jan. 6, 2025 /PRNewswire/ — DORCO, celebrating its 70th anniversary since its founding, has announced the launch of its premium razor line, SLEEK, encapsulating decades of expertise in razor technology.

SLEEK results from DORCO’s relentless R&D efforts, combining the innovative Thin Edge Blade technology with precision-engineered blades. Under the banner Shaving to Perfection, the product promises a flawless shaving experience that minimizes skin irritation while ensuring a close shave. Tailored to the preferences of the younger generation, SLEEK blends functionality with stylish design to serve as more than a grooming tool but a lifestyle essential.

SLEEK is equipped with DORCO’s sharpest blade yet, the Super Thin Blade, which is designed to  closely follow the contours of the face for easy and smooth shaves. Its patented coating technology enhances the blade’s lifespan, while the Thin Edge Blade improves cutting efficiency, providing a smoother shaving experience compared to DORCO’s previous models.

A standout feature is DORCO’s Double-Layer Lubricating Strip, which has 10% more lubrication compared to previous products, protecting the skin during shaving. Contained with Vitamin E and aloe, it helps minimize irritation.

SLEEK embodies premium craftsmanship through its sophisticated and innovative design. The Multi-Flex head perfectly adapts to contours for a more comfortable and precise shave, while the matte silver die-cast handle seamlessly blends functionality and sophistication. Utilizing low-center pivot axis technology, SLEEK delivers unparalleled closeness and comfort, offering a shaving experience that redefines precision and ease. These design elements elevate the grooming experience and enhance the product’s appeal.

SLEEK was crafted with careful attention to detail and features: 

DORCO’s Most Advanced Six Blade Cartridges. Thin Edge Blade Technology: Designed with thinner blades than other DORCO razor lineups, it ensures a smooth shave while reducing cutting force for enhanced comfort.Patented Coating Technology[1]: DORCO’s protective coating reinforces the thin edge from breaking.FlexMotion Head: Incorporates multi-flex technology and cushioning for improved skin contact, adapting seamlessly to facial contours to deliver a clean and comfortable shave.Open-Flow Sides Structure: Added to both sides for better sludge removal, ensuring hygienic and convenient use.Double-Layer SmoothShield Lubricating Strip: Delivers 30% more lubrication compared to DORCO’s previous model.Micro Rubber Fin Guard Bar: Aligns skin and hair during shaving to provide a smooth and comfortable experience. 

“This razor represents the pinnacle of our blade technology,” said the Head of Product Development Division at DORCO. “With Thin Edge Blade engineering and our patented coating, SLEEK delivers superior cutting performance and a shave that is both smooth and gentle. The redesigned cartridge structure further highlights DORCO’s craftsmanship and expertise.”

DORCO’s SLEEK design combines minimalist lines, signature elements like concentric button patterns and metal accents, and precise finishes to deliver sophistication and intuitive usability. These details establish a unique design identity while paving the way for future innovations.

“This new product goes beyond just addressing functionality. By considering customer lifestyle, the upgraded product design incorporates consumer-oriented ideas and values with contemporary and stylish elements. We expect a positive response from grooming trendsetters looking for innovative and fashionable solutions that align with their modern lifestyles,” said the Head of Product Design at DORCO.

SLEEK was officially launched in South Korea on November 11, 2024, earning widespread praise and enjoying strong sales performance shortly after its release. Global rollouts are planned for Q1 2025, as part of DORCO’s strategy to expand its footprint in the global premium razor market.

Since its founding in 1955, DORCO has built a reputation as a global leader in razor and manufacturing by offering trusted products to consumers in over 130 countries. Combining precise technology and innovation design, DORCO delivers a differentiated shaving experience through solutions tailored to meet the evolving needs of consumers.

[1] Patents filed in the U.S. and Korea.

About DORCO

Founded in 1955, DORCO has been a global leader in developing and manufacturing innovative razor products worldwide. We continue to push the boundaries of shaving technology. DORCO’s diverse range of safety razors combines cutting-edge blade innovation with ergonomic designs, delivering the smoothest, most comfortable shave on the market. With a commitment to quality, craftsmanship, and sustainability, DORCO enriches the shaving experience for millions of customers across 100+ countries.

Contact

Hoffman Agency Korea Dorco Team / DorcoPRKR@hoffman.com
Heesun Kim / hskim@hoffman.com
Junyong Lee / jlee@hoffman.com

Photo – https://mma.prnewswire.com/media/2590003/image.jpg

View original content:https://www.prnewswire.co.uk/news-releases/sharper-sleeker-smarter—dorco-launches-premium-razor-sleek-302342597.html

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