Startups

AdaKami

Startup

AdaKami runs a collateral-free consumer lending app, using data-driven credit scoring to approve small personal loans quickly for borrowers who lack a conventional bank credit history.

Adira Finance

Startup

Adira Finance is a long-established, publicly listed multifinance company financing new and used motorcycles and cars, plus multipurpose consumer loans for durables, home renovation and other household needs.

Ajaib

Startup

Retail stock and crypto investing app that became one of Indonesia's fintech unicorns.

Peer-to-peer lending marketplace licensed by Indonesia's OJK, channelling funds from retail and institutional lenders into working-capital loans for small and medium businesses.

Aktivaku runs an asset-backed peer-to-peer lending platform, matching people or businesses that pledge collateral for a loan with individual funders who lend against that collateral outside the banking system.

Akulaku

Startup

Consumer finance platform, instalments, digital banking and wealth, across Southeast Asia.

ALAMI

Startup

ALAMI runs a sharia-compliant peer-to-peer lending platform, matching retail funders with small and medium businesses that need working capital structured under Islamic finance contracts rather than interest-bearing loans.

Allo Bank

Startup

Allo Bank is CT Corp's digital banking arm, combining a savings and payments app with the Allo Prime and Allo Pay wallet products across CT Corp's retail network.

Amar Bank

Startup

Amar Bank runs a digital-only savings app, Senyumku, alongside its Tunaiku lending arm, serving Indonesia's unbanked and underbanked retail customers.

Amartha

Startup

Microfinance marketplace connecting rural women-led ultra-micro businesses with capital.

Artajasa

Startup

Artajasa built and still runs ATM Bersama, the interbank switching network that lets customers of dozens of Indonesian banks withdraw and transfer across each other's ATMs.

Asetku

Startup

Asetku is a consumer peer-to-peer lending platform operating under the Akulaku group, letting retail lenders fund short-term personal loans made to Akulaku's borrower base.

AwanTunai digitizes ordering for FMCG wholesalers and their warung customers and embeds inventory-purchase financing into that workflow, letting small retailers stock up on goods without paying suppliers upfront.

Ayoconnect

Startup

Ayoconnect runs one of Indonesia's largest open finance API platforms, letting banks, e-wallets and retailers plug into bill payments, account data and disbursement rails.

Bank Aladin Syariah

Startup

Bank Aladin Syariah is a fully digital Islamic bank offering app-based sharia savings, financing and payments, with retail partnerships to widen financial inclusion.

Bank Jago is a technology-driven digital bank offering app-only savings pockets, payments and lending, tightly integrated with the GoTo ecosystem for everyday transactions.

Bank Neo Commerce, backed by Akulaku, runs the neobank app offering digital savings, business loans and QRIS payments to Indonesia's mass and micro-business market.

Bank Raya

Startup

Bank Raya is BRI Group's digital banking subsidiary, built around app-based savings and micro-lending for gig workers and Indonesia's ultra-micro business segment.

Bank Saqu

Startup

Bank Saqu, backed by Astra Financial and WeLab, is a digital bank built for solopreneurs and small businesses, offering savings pockets and automated saving tools.

Indonesia's first online mutual-fund marketplace, letting investors compare and buy funds from multiple asset managers alongside government bonds and gold.

BFI Finance

Startup

BFI Finance is a publicly listed multifinance company financing cars, motorcycles and heavy equipment through a nationwide branch network, one of the longest-running non-bank lenders in the Indonesian market.

Bibit

Startup

Robo-advisor for mutual funds and bonds; sister product of stock community and brokerage Stockbit.

Bizhare

Startup

Bizhare runs an OJK-licensed securities crowdfunding platform where retail investors buy equity, bonds or sukuk in SMEs, franchises and property projects.

Brankas

Startup

Brankas builds open finance APIs that let banks, lenders and merchants plug into account aggregation, direct bank transfers and identity verification across Southeast Asia.

Brick

Startup

Brick is a Jakarta open finance API company giving businesses account aggregation, payment initiation and identity verification connected directly into Indonesian banks.

Broom

Startup

Automotive fintech giving used-car dealers inventory-backed working capital.

BukuKas offers Indonesian MSMEs a free digital cashbook app for tracking daily sales, expenses and customer debt, with WhatsApp payment reminders built in.

BukuWarung

Startup

Bookkeeping and payments app for millions of Indonesian micro-merchants.

Cashlez

Startup

Cashlez, an IDX-listed fintech now branded cashUP, sells mobile card readers and QRIS point-of-sale tools that let Indonesian merchants accept cashless payments anywhere.

CekAja

Startup

CekAja operates a financial products comparison site where users size up credit cards, personal loans, deposits and insurance from Indonesian banks side by side.

Cermati

Startup

Cermati runs a financial marketplace where Indonesians compare credit cards, loans, deposits and insurance products from partner banks before applying online.

Cicil finances Indonesian university students who lack a credit history or bank account, using non-traditional data for underwriting and letting them pay tuition and study-related costs in monthly installments.

DANA

Startup

Digital wallet used by tens of millions of Indonesians for everyday payments.

DanaBijak lends small, short-tenor unsecured cash loans to underbanked Indonesian consumers through its own app, and its team also built the embedded-lending infrastructure that now powers loans for partner platforms.

Danacita

Startup

Danacita lets university and course students split tuition and other education costs into monthly installments, partnering directly with the schools so the institution is paid in full while the student repays over time.

Danamas

Startup

Danamas is a peer-to-peer lending platform under the Sinar Mas group, one of the first to receive an OJK operating license, matching retail lenders with micro and small business borrowers seeking working capital.

DOKU

Startup

DOKU was Indonesia's first locally built payment gateway, and now issues e-money and runs remittance and biller-payment rails for tens of thousands of merchants.

Duitku

Startup

Duitku is a Jakarta payment gateway processing millions of monthly transactions across virtual accounts, e-wallets, cards and retail outlets for Indonesian online businesses.

Faspay

Startup

Faspay is an early Indonesian payment gateway connecting online merchants to bank transfers, cards, e-wallets and retail outlets under a Bank Indonesia payment-system licence.

Fazz

Startup

Fazz grew out of PayFazz's agent-banking network for Indonesian warungs and merged with Xfers to become a group offering merchant payments, disbursement and business banking.

FIFGROUP

Startup

FIFGROUP is Astra's financing arm and Indonesia's largest motorcycle-financing company, built around Honda motorcycle loans and now also offering multipurpose and sharia-compliant consumer financing.

Finansialku

Startup

Finansialku is a Bandung-based personal finance platform offering budgeting tools, investment tracking and access to certified financial planners through its app.

Finnet is Telkom Indonesia's payment subsidiary, aggregating bill payments and running electronic payment and payment-gateway services for banks and billers nationwide.

Flip

Startup

Consumer money movement, free interbank transfers, remittance and business disbursements.

GandengTangan is a community crowd-lending platform that pools money from individual lenders and channels it to micro and small businesses through partner cooperatives, which handle local vetting and collection.

Indodana

Startup

Indodana provides paylater installment financing and personal loans through a mobile app, splitting into separate fintech-lending and multifinance licensed entities to serve both e-commerce and offline checkout financing.

Indofund

Startup

Indofund.id operates a peer-to-peer lending marketplace offering micro-financing, working-capital loans and invoice financing to small businesses, funded by individual and institutional lenders on the platform.

IndoGold

Startup

Digital gold trading app tracing back to a family precious-metals business, now a BAPPEBTI-licensed platform for buying and storing Antam gold bars.

iPaymu

Startup

iPaymu aggregates virtual accounts, QRIS, retail outlets and e-wallets into one payment gateway for Indonesian online sellers, with a bundled invoicing and withdrawal dashboard.

Jalin

Startup

Jalin operates the switching network behind Indonesia's state-owned banks, routing ATM, debit and QRIS transactions under a Bank Indonesia switching licence.

JULO

Startup

Digital credit for underbanked Indonesians via a virtual credit card and loans.

Kasir Pintar

Startup

Kasir Pintar is a Surabaya-built cashier app for Indonesian MSMEs, covering point-of-sale transactions, inventory tracking, QRIS payments and bill top-up sales in one app.

Kitabisa

Startup

Indonesia's largest donation and mutual-aid platform, moving gotong royong online.

KoinWorks

Startup

KoinWorks started as a peer-to-peer lender to small and medium businesses and has since layered on invoice financing, business cards and budgeting tools, positioning itself as a credit-led neobank for Indonesian MSMEs.

Komunal

Startup

Komunal digitizes Indonesia's rural banks, running a marketplace where retail depositors buy BPR time deposits and a peer-to-peer lending line that channels funding into loans those rural banks make to local MSMEs.

Kredit Pintar

Startup

Kredit Pintar's app lends small, short-tenor cash loans without collateral, aiming at borrowers who need quick funds for daily needs, small business capital or tuition and repay over a matter of weeks.

Kredivo

Startup

Buy-now-pay-later and digital credit across Indonesia and Vietnam; the group behind Krom Bank.

Krom Bank

Startup

Krom Bank Indonesia, majority-owned by Kredivo Group, is a digital bank offering app-based savings and time deposits targeted at millennial customers.

Lakuemas

Startup

Digital gold platform from jewelry group Central Mega Kencana, pairing an online savings app with physical gold ATMs for cash-out.

LinkAja

Startup

LinkAja is the e-wallet backed by Indonesia's state-owned banks and Telkomsel, built to bring cashless payments, transfers and bill top-ups to a state-linked merchant network.

Mekar channels retail lenders' funds through partner microfinance cooperatives that in turn lend to small, mostly women-run businesses, with the partner cooperatives handling local borrower vetting and collection.

Midtrans

Startup

Midtrans is GoTo's payment gateway, giving Indonesian merchants a single integration for GoPay, QRIS, cards, bank transfers and other local payment methods.

SME digital financing platform, the Indonesian arm of Funding Societies. Southeast Asia's largest SME lender.

Modal Rakyat operates a peer-to-peer lending marketplace offering SME term loans, micro loans and invoice financing, letting retail lenders fund vetted small businesses in exchange for a fixed annual return.

Moduit

Startup

Digital wealth-management platform combining a mutual-fund and bond marketplace with human financial-advisory services for individual investors.

Moka is a Jakarta-built cloud point-of-sale system for cafes and retailers, now part of GoTo, bundling cashiering, inventory, loyalty and payment acceptance in one platform.

Moladin

Startup

Used-car financing and dealer platform digitising Indonesia's auto value chain.

Nanovest

Startup

Sinar Mas-backed app for fractional US stock investing, alongside crypto and gold, aimed at Indonesians starting with small amounts.

NICEPAY

Startup

NICEPAY is a Jakarta payment gateway processing cards, virtual accounts, direct debit and e-wallet transactions for online and offline merchants across Indonesia.

OVO

Startup

OVO is a Jakarta-based digital wallet used across Grab's ride-hailing, food delivery and retail partners for QRIS payments, transfers, points and savings products.

OY! Indonesia

Startup

OY! Indonesia runs a disbursement and collection platform that lets businesses send bulk payouts to over a hundred banks and collect payments through virtual accounts and links.

Pintek finances Indonesia's education sector from both sides of the ledger, offering tuition loans to students and working-capital or facility loans to schools, tutoring centers and other education businesses.

Pluang

Startup

Multi-asset investment app, gold, US stocks, crypto and funds, for first-time Indonesian investors.

Qasir

Startup

Qasir gives Indonesian micro and small businesses a free point-of-sale app for cashiering, inventory and QRIS payments, tailored to shops, cafes and salons.

SeaBank Indonesia

Startup

SeaBank Indonesia is Sea Group's digital bank, offering branchless savings accounts and small loans through an app tied into the Shopee shopping ecosystem.

Superbank is a digital bank backed by Emtek, Grab, Singtel and KakaoBank offering app-based savings, deposits and lending aimed at Indonesia's underbanked population.

TanamDuit

Startup

Investment app built by former bank mutual-fund platform builders, bundling funds, government bonds, gold and insurance for retail savers.

Treasury

Startup

BAPPEBTI-licensed digital gold trading app that lets Indonesians buy, sell and store certified physical gold starting from a few thousand rupiah.

Tunaiku

Startup

Tunaiku is the digital unsecured-lending brand of Amar Bank, letting borrowers apply for personal loans entirely online and get a same-day credit decision without visiting a branch.

VIDA

Startup

VIDA is an Indonesian digital identity company providing e-KYC facial verification, certified electronic signatures and passwordless authentication to banks and fintechs.

Xendit

Startup

Payments infrastructure for Southeast Asia, one API for accepting payments, disbursements and marketplace flows.