Best Banks Companies in Indonesia
The 55 best Banks companies in Indonesia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bank Index.
Banks in Indonesia don't get enough credit for how fast the digital layer is moving. Our directory tracks 55 companies with $413M in total disclosed funding, and the concentration is striking: Bank Index alone accounts for $283M of that, with Allo Bank pulling $83M and Bank Fama International adding $35M. So three names are doing most of the heavy lifting.
What's driving this? Median app install growth across 1,003 banking apps is running at roughly +23% year-on-year, which tells you mobile adoption isn't slowing. The hot themes right now are next-gen banking platforms, digital banking innovations, and cloud-based infrastructure, and if you follow how institutions are managing rate exposure or watch trade finance evolve in parallel markets, the same pressures are reshaping Indonesian banks too. I'd watch the platform banking buildout especially closely this quarter, given that investors like Grab and Bank Central Asia are already in the mix here, bringing both capital and distribution muscle to the sector.
Ranked: Best Banks companies in Indonesia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | App-install YoY | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Bank Index Commercial bank | $283M | 52 mo ago | Series C | — | 1992 | — | — |
| 2 | Allo Bank Commercial bank | $83M | 54 mo ago | Series C | — | 1992 | — | — |
| 3 | Bank Fama International Retail bank | $35M | 53 mo ago | Acquired | Itjang Wibisono Managing Director | 1993 | — | — |
| 4 | Koperasi Mitra Dhuafa Microfinance bank | $13M | 48 mo ago | Funding Raised | Siamet Riyadi Chairman & CEO | 2004 | — | — |
| 5 | Bank Victoria Commercial bank | — | 55 mo ago | Public | Daniel Budirahayu CEO & Director | 1992 | — | — |
| 6 | Bank Mega Commercial bank with presence in indonesia | — | 66 mo ago | Public | — | 1997 | — | 2 awards |
| 7 | Bank Negara Indonesia Commercial bank with international presence | — | 66 mo ago | Public | Andy Yusdiman Regional CEO | 1946 | +38% | 3 job openings |
| 8 | NOBU Bank Commercial Bank | — | 68 mo ago | Public | Adrianus Mooy Chairman & CEO | 1990 | — | 1 award |
Top 12 Banks companies in Indonesia
#1
Series C · Jakarta, Indonesia · founded 1992 · 161 employees$283Mraised▾
Commercial bank
#2
Funding Raised · Jakarta, Jakarta · founded 2004$12.6Mraised▾
Provider of financial services intended to help low-income women to fulfill their business capital needs. The company provides financial and non-financial assistance in the form of health training, motivating education for members' children and managing family finances, enabling clients to avail of the required short-term loans.
- Jul 2022Conventional Debt$3.1M
- Jul 2021Venture Debt$7.1M
- Feb 2019Conventional Debt$2.4M
#3
Series C · Jakarta, Jakarta · founded 1992 · 386 employees$83Mraised▾
Commercial bank
#4
Acquired · Bandung, West Java · founded 1993$34.9Mraised▾
Retail bank
#5
Public · Jakarta, Jakarta · founded 1992 · 694 employees—raised▾
Commercial bank
#6
Public · Jakarta, Jakarta · founded 1997 · 4774 employees—raised▾
Commercial bank with presence in indonesia
#7
Public · Jakarta, Jakarta · founded 1946 · 27803 employees—raised▾
Bank Negara Indonesia is a commercial bank with an international presence. Provide financial services such as personal, business, and net banking offers transactional banking services, industrial sectors, funding, lending, loan, credit card and ATM. Their clientele includes individuals and business. In 2022, the company recorded annual revenues of $5.02B and a net profit of $1.23B.
#8
Public · Jakarta, Jakarta · founded 1990 · 1198 employees—raised▾
Commercial Bank
#9
Public · Jakarta, Indonesia · founded 1989 · 2831 employees—raised▾
Commercial bank
#10
Public · Jakarta, Indonesia · founded 1971 · 10832 employees—raised▾
Commercial bank with presence in indonesia
#11
Public · Bandung, West Java · founded 1960 · 7326 employees—raised▾
Commercial bank
#12
Late Stage · Jakarta, Jakarta · founded 1958—raised▾
Commercial Bank
Funding & investor landscape
Notable founders
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.