Best Banking Tech Companies in Indonesia
The 48 best Banking Tech companies in Indonesia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aladin Bank.
- IDC
Our analysis of 50 Banking Tech companies
$7.7b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Banking Tech companies in Indonesia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | App-install YoY | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Aladin Bank Digital bank for individuals | $77M | 43 mo ago | Public | Dyota Marsudi Chief Executive Officer | 1994 | — | 1 award |
| 2 | Superbank Digital native bank | $73M | 25 mo ago | Public | — | 2021 | — | 1 internship · 1 award |
| 3 | Ayoconnect Platform providing open banking API solutions | $40M | 30 mo ago | Series B | — | 2016 | — | — |
| 4 | Caxe Technologies Provider of financial services | $28M | 94 mo ago | Deadpooled | Stephanie Chung Co-Founder | 2006 | — | — |
| 5 | Komunal Internet-first bank offering digital banking services for rural communities | $16M | 31 mo ago | Series A | — | 2018 | — | — |
| 6 | Brick It provides open finance APIs and payment solutions | $8M | 54 mo ago | Seed | Gavin Tan Co-Founder & CEO | 2020 | — | — |
| 7 | Digiasia Financial technology and digitization solutions | $7M | 77 mo ago | Public | Prashant Gokarn Co-Founder | 2017 | — | — |
| 8 | UpBanx Digital bank for businesses | $5M | 55 mo ago | Seed | Alif Jafar Fatkhurrohman Co-Founder & CTO | 2021 | — | — |
| 9 | Cermati Comparison platform for financial products | $3M | 63 mo ago | Series C | Carlo Gandasubrata Co-Founder | 2014 | +51% | 2 job openings · 1 partnership |
| 10 | Nikel API-enabled lending and loan management solution for banks and financial institutions | $2M | 52 mo ago | Acquired | — | 2018 | — | — |
| 11 | Whiz App-based financial planner for teens | $125K | 47 mo ago | Seed | Muhammad Ghiffari Co-Founder | 2022 | — | — |
Top 12 Banking Tech companies in Indonesia
#1
Public · Jakarta, Jakarta · founded 2021 · 57 employees$73.2Mraised▾
Digital native bank
- Jul 2024Series C$73.2M
#2
Series B · Jakarta, Jakarta · founded 2016 · 272 employees$40.5Mraised▾
Platform providing open banking API solutions. Customized APIs offer solutions to direct debit by collecting recurring and one-off payments directly from customer bank accounts, recurring payment management for revenue operation with subscription billing solutions, virtual card numbers, and more.
- Jan 2024Series B$2.5M
- Oct 2022Series B$13M
- Jan 2022Series B$15M
- Sep 2021Series A$10M
#3
Series A · Surabaya, East Java · founded 2018 · 180 employees$16.1Mraised▾
Internet-first bank offering digital banking services for rural communities. It owns and offers two subsidiary products for its users that are DepositoBPR and Komunal P2P. It offers digital banking services, online deposits, savings, transfers, P2P lending for SMEs, and more to the underbanked rural population by partnering with rural banks.
- Dec 2023Series A$5.5M
- Jan 2023Series A$8.5M
- Sep 2021Series A$2.1M
#4
Public · Jakarta, Jakarta · founded 1994$76.7Mraised▾
Digital bank for individuals. Its services include savings accounts, prepaid cards for online/offline purchases, bill payments, money transfers, and more. It features mudharabah based contract management, financial goal planning, and more. The application is available on Android and iOS platforms.
- Dec 2022Post IPO$76.7M
- Apr 2022Post IPO—
#5
Seed · Jakarta, Jakarta · founded 2020 · 69 employees$8.5Mraised▾
It provides open finance APIs and payment solutions. It offers APIs for payment processing, money movement, financial data aggregation, and user verification. Its services include virtual accounts, payment links, and disbursement APIs. It also provides tools for identity verification and various financial data access options.
- Feb 2022Seed$8.5M
- Mar 2021Seed—
#6
Deadpooled · Jakarta, Jakarta · founded 2006 · 15 employees$28Mraised▾
Provider of financial services
- Sep 2018Series C—
- Sep 2018Series C—
- Jul 2018Series C$28M
- Mar 2017Series B—
#7
Seed · Jakarta, Jakarta · founded 2021 · 31 employees$5.2Mraised▾
Digital bank for businesses. It offers multiple digital financial services for creators, brands, freelancers, agencies, and more. It provides business accounts with returns, financing options, money management tools, and more. It features partnerships with creators, digital asset launching, investment raising, and more.
- Jan 2022Seed$5.2M
#8
Acquired · Jakarta, Jakarta · founded 2018 · 38 employees$2.5Mraised▾
API-enabled lending and loan management solution for banks and financial institutions. Its products include Nikel Lend enabling banks and technology businesses to lend to end customers with credit analysis, origination, underwriting, eKYC, and signatures using APIs, Nikel Market for a B2B marketplace enabling banks to onboard customers by connecting with technology businesses, Nikel Fund enabling businesses to create customized investment funds, and more.
- Apr 2022Series A$2.5M
#9
Public · Jakarta, Jakarta · founded 2017 · 89 employees$7Mraised▾
Digiasia provides financial technology and digitization solutions. Its product includes KasPro, KreditPro, and Remit Pro. KasPro provides an app for money transfers, bill payments, online payments, and more. KreditPro offers a P2P lending platform for various business loans including working capital loans and invoice financing. RemitPro provides money transfer services across the borders.
- Mar 2020Series B—
- 2019Series A$7M
#10
Series C · Jakarta, Indonesia · founded 2014 · 382 employees$2.9Mraised▾
Cermati provides a comparison platform for financial products. It offers comparisons for loans such as personal & home loans, insurance such as car & health insurance, credit cards, savings accounts, and more. It also provides an app-based platform for making utility bill payments. App is available on Android devices.
- May 2021Series C—
- Sep 2018Series B—
- Nov 2017Series A$1M
- Feb 2017Series A—
#11
Seed · Jakarta, Jakarta · founded 2022 · 39 employees$125Kraised▾
App-based financial planner for teens. It provides news, research articles, and training programs for teens. Its features include connecting children and parent accounts, teaching saving plans, and managing children's pocket money. Its app is available across both Android and iOS platforms.
- Aug 2022Seed—
- Apr 2022Seed$500K
#12
Seed · Jakarta, Jakarta · founded 2024—raised▾
Provider of AI-driven platform for credit risk analysis and fraud detection. The platform accelerates data extraction and analysis of potential borrowers' e-statements. It helps identify patterns and trends indicative of financial misrepresentation. Services include web-based software, API integration, and tailored system customization.
- Jul 2025Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Banking Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding flat · growth rising
How research on Fintech is moving in Indonesia
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,824 Indonesia-affiliated papers.
- Binus University102
- Universitas Patria Artha72
- Diponegoro University40
- University of Indonesia33
- Institut Agama Islam Negeri Bengkulu33
- Financial services12
- Database transaction5
- Financial inclusion4
- Financial literacy4
- Payment4
- Financial services3→338
- Payment3→141
- Sharia1→68
- Service (business)1→48
- Technology acceptance model2→42
- Financial services1→211
- Government (linguistics)2→37
- Database transaction1→26
- Financial innovation1→13
- Qualitative research2→12
Where fintech is researched across Indonesia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.