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Radar · Finance & Accounting Tech in Indonesia

Best Finance & Accounting Tech Companies in Indonesia

The 63 best Finance & Accounting Tech companies in Indonesia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Fazz.

63companies tracked
$514.2Mdisclosed funding
0unicorns
14have raised
Sources & further reading
  • ResearchAndMarkets.com
  • Grand View Research
FLIAR INTELLIGENCE · FINANCE & ACCOUNTING TECH × INDONESIA

Our analysis of 100 Finance & Accounting Tech companies

$11.4b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.

100companies analysed
98%cloud-native stacks
2021funding peak (by rounds)
9unicorns
2018median founding year
251kcombined LinkedIn audience
75%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best Finance & Accounting Tech companies in Indonesia

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Fazz
Provider of SaaS-based accounting and finance management solutions
$155M39 mo agoSeries CJefriyanto
Co-Founder
2016WordPressMySQLPHP+21—
2LummoSHOP
Provider of storefront solution for online businesses
$149M53 mo agoSeries CLorenzo Peracchione
Co-Founder
2019——
3BukuWarung
Bookkeeping software for businesses
$80M60 mo agoSeries AChinmay Chauhan
Co-Founder and President
2019Cart FunctionalityWordPressApple iCloud Mail+35—
4Mekari
HR management and accounting solution
$71M49 mo agoSeries ESuwandi Soh
CEO
2015WordPressApple iCloud MailGoogle Workspace+29—
5OnlinePajak
Tax reporting application for SMEs
$37M59 mo agoSeries C—2014WordPressMySQLPHP+27—
6Paper
Provider of digital invoicing, payment processing, and business credit card services
$12M24 mo agoSeries BYosia Sugialam
Co-Founder & CEO
2016BootstrapGoogle CloudNginx+26—
7CrediBook
App-based bookkeeping solution for consumers and businesses
$10M50 mo agoSeries AChristian Lie
Co-Founder & COO
2019Node.jsAnimate.cssReact+16—
8Delegasi
Provider of personal finance management solutions
$500K46 mo agoSeedYudha Pratama
Co-Founder
2020SentryNode.jsChakra UI+8—

Top 12 Finance & Accounting Tech companies in Indonesia

#1
Series C · Jakarta, Jakarta · founded 2016 · 907 employees
$154.9Mraised
▾

Provider of SaaS-based accounting and finance management solutions. It offers solutions such as bill payments, money transfers, inventory management, loans and cards, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 4.0% of this cohort's audience
Activity: 1 partnerships (incl. PT Bank Danamon Indonesia Tbk) announced in 12 mo
Funding rounds
  • Mar 2023Series C$5.3M
  • Sep 2022Conventional Debt$25M
  • Sep 2022Series C$75M
  • Jan 2020Series B$53M
Founders & team
JefriyantoCo-Founder
Investors
DST Global, Tiger Global Busines, Y Combinator, Insignia Ventures Partners, Vertex Ventures, Convergence Ventures
Tech stack
CdnjsCloudflareCloudflare Browser InsightsCore-JsElementorFacebook Pixel
#2
Series C · Jakarta, Jakarta · founded 2019 · 308 employees
$149Mraised
▾

Provider of storefront solutions for online businesses. It offers an online store application for online businesses to target online customers. Its features include an order management system, payment, product management, marketing, and more. The company offers mobile applications for Android and iOS platforms.

Funding rounds
  • Jan 2022Series C$80M
  • May 2021Series B$50M
  • Jan 2021Series A$10M
  • Aug 2020Seed$9M
Founders & team
Lorenzo PeracchioneCo-FounderKrishnan MenonCo-Founder & CEO
Investors
Peak XV Partners, Endeavor, Saison Capital, January Capital, FBC, Cambium Grove Capital
Tech stack
CloudflareHttp/3
#3
Series B · Jakarta, Jakarta · founded 2016 · 125 employees
$12Mraised
▾

Provider of digital invoicing, payment processing, and business credit card services. It offers tools for creating and managing invoices, processing payments from clients, and paying suppliers. The platform provides options for business credit cards and integrates with accounting software. It aims to streamline financial transactions for businesses.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 53k LinkedIn followers — 21.0% of this cohort's audience · 8 engagements/post (1.8× cohort median)
Activity: 2 product launches · 1 partnerships (incl. Ocean by BCA, PT Bank Central Asia Tbk (BCA) platform) announced in 12 mo
Funding rounds
  • Jun 2024Series B—
  • Dec 2022Series B$12M
  • Oct 2019Series A—
  • Aug 2017Seed—
Founders & team
Yosia SugialamCo-Founder & CEOJeremy LimmanCo-Founder
Investors
Golden Gate Ventures, Modalku, Square Peg Ventures, SMBC Asia Rising Fund, Argor Capital Management, Skystar Capital
Tech stack
Amazon CloudfrontAmazon Web ServicesAosAppsflyerBootstrapCloudflare
#4
Series E · Jakarta, Jakarta · founded 2015 · 1316 employees
$71Mraised
▾

HR management and accounting solution. It offers talenta for HR and payroll management, Jurnal for accounting and bookkeeping solutions, Klikpajak for online tax payment and reporting, and Sleekr which is an employee administration solution.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 98k LinkedIn followers — 39.1% of this cohort's audience · 30 engagements/post (6.4× cohort median)
Funding rounds
  • May 2022Series E$50M
  • May 2021Series D$21M
  • 2020Series C—
  • 2020Series C—
Founders & team
Suwandi SohCEO
Investors
Money Forward, MidPlaza, East Ventures, Mandiri Capital Indonesia, PT Prasetia Dwidharma, Beenext
Tech stack
ActivecampaignAlpine.JsApple Icloud MailBootstrapCdnjsCloudflare
#5
Series A · Jakarta, Jakarta · founded 2019 · 299 employees
$80Mraised
▾

Bukuwarung provides bookkeeping software for businesses. It features solutions for transaction management, report management, payment management, credit monitoring, and more. It allows businesses to manage records for accounts payable, accounts receivable, sales, and expenses. The app is available on both Android and IOS platforms. It serves multiple business sectors including groceries, food stalls, store building, car rentals, etc.

Funding rounds
  • Jun 2021Series A$60M
  • Feb 2021Seed—
  • Sep 2020Seed—
  • Jul 2020Seed—
Founders & team
Chinmay ChauhanCo-Founder and PresidentAbhinay PeddisettyCo-Founder & CEO
Investors
Soma Capital, GMO Venture Partners, DST Global, The Twenty Minute, VentureSouq, HOF Capital
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailAppsflyerBootstrapCart Functionality
#6
Series C · Jakarta, Jakarta · founded 2014 · 84 employees
$37Mraised
▾

OnlinePajak is a tax reporting application developed by Achilles Systems for SMEs. The company provides SaaS-based online platform for Income Tax Article 23 and VAT modules. It offers online tax calculation along with tax reporting for personal and business use.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 37k LinkedIn followers — 14.7% of this cohort's audience
Funding rounds
  • Jul 2021Series C$12M
  • Oct 2018Series B$25M
  • Nov 2017Series A—
Investors
Alpha JWC Ventures, Endeavor, Global Innovation Fund, Warburg Pincus, Primedge Technology Holdings, Peak XV Partners
Tech stack
BabelBootstrapCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCloudflare Rocket Loader
#7
Series A · Jakarta, Jakarta · founded 2019 · 76 employees
$9.7Mraised
▾

App-based bookkeeping solution for consumers and businesses. It features solutions for debt record management, accounts payable and receivable transactions record, personal debt and credit management, multiple debt book management, debt billing via WhatsApp or SMS, and more. It offers an app-based platform that is available on Android devices.

Funding rounds
  • Apr 2022Series A$8.1M
  • Feb 2022Seed$500K
  • Jan 2021Seed$1.5M
  • Aug 2020Seed—
Founders & team
Christian LieCo-Founder & COOGabriel FransCo-Founder & CEODekha AnggareskaCo-Founder & CTO
Investors
Monk's Hill Ventures, Insignia Ventures Partners, Wavemaker Partners, Alpha JWC Ventures, Y Combinator, Fazz
Tech stack
Animate.CssCdnjsCloudflareCore-JsFacebook PixelFont Awesome
#8
Seed · Jakarta, Jakarta · founded 2020 · 43 employees
$500Kraised
▾

Provider of personal finance management solutions. It uses AI technology to provide and assist users in preparing financial reports and analyzing their businesses monthly. It offers financial statements in the form of income statements, cash flow statements, and balance sheets to monitor assets, debts, and owned capital.

Funding rounds
  • Aug 2022Seed—
  • 2022Seed$500K
Founders & team
Yudha PratamaCo-FounderAnshorimuslim SyuhadaCo-Founder
Investors
Beenext, Y Combinator
#9
Seed · Jakarta, Jakarta · founded 2023
$51.8Kraised
▾

ArkoPay offers payment and financing solutions for businesses within the construction supply chain ecosystem. Their goal is to create a sustainable and efficient supply chain ecosystem for the construction industry in Indonesia.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 558 LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Junior Business Development professional
Funding rounds
  • Apr 2024Seed$51.8K
Founders & team
Laura LukitoCo-Founder & CEO
Investors
Tenity, Antler
#10
Series A · Jakarta, Jakarta · founded 2012 · 22 employees
$35Kraised
▾

Sleekr is Cloud HR Management Software helping small to medium sized businesses and startups manage their staff. Features include Employee Central, New Hire On-boarding, Performance Management, Time Off and Calendar, Off-boarding, Report and Importing. Pricing starts from $29 per month.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Jan 2018Series A—
  • Dec 2014Seed$35K
Founders & team
Suwandi SohCEO
Investors
Money Forward
Tech stack
BootstrapCdnjsCloudflareCloudflare Bot ManagementGoogle AnalyticsGoogle Tag Manager
#11
Seed · Jakarta, Indonesia · founded 2013
—raised
▾

Cloud-based bookkeeping, and tax solutions for businesses. It offers features for bookkeeping, tax, and reporting solutions. Its AI-based solutions automate the bookkeeping process. It also offers features like bank reconciliation, cash flow reports, profit and loss reports, and balance sheet reports.

Funding rounds
  • Feb 2026Seed—
  • Feb 2023Seed—
Founders & team
Adrian YasinCo-Founder & Chief Technology OfficerRey KamalCo-Founder & CEO
Investors
init 6, Investible, Skystar Capital, Incubate Fund India
#12
Seed · Kebayoran Baru, Jakarta · founded 2018 · 37 employees
—raised
▾

Cloud-based POS cash register and accounting software. It features solutions for inventory management, invoicing management, customer relationship management, and more. Available for Android and iOS platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Hiring: 5 hiring posts in 12 mo (public) · hiring: Sales_Nama_Area, Back End Developer
Funding rounds
  • Oct 2023Seed—
Founders & team
Abdullah LewisCo-Founder & CEOIrianto SiahCo-Founder And Coo
Investors
TNB Aura, Seedstars, 1982 Ventures, Century Oak Ventures, PT Prasetia Dwidharma, Boleh Ventures
Tech stack
Ant DesignCloudflareCloudflare Browser InsightsCloudinaryGoogle AnalyticsGoogle Font Api

Funding & investor landscape

$514.2Mtotal disclosed funding
10companies funded
23disclosed rounds
0rounds last 90 days
Most active investors
Mandiri Capital Indonesia4 rounds
PT Prasetia Dwidharma4 rounds
Y Combinator4 rounds
AC Ventures3 rounds
East Ventures3 rounds
1982 Ventures2 rounds
Alpha JWC Ventures2 rounds
B Capital2 rounds
Beenext2 rounds
DST Global2 rounds

Notable founders

Jefriyanto
Co-Founder · Fazz
Lorenzo Peracchione
Co-Founder · LummoSHOP
Krishnan Menon
Co-Founder & CEO · LummoSHOP
Yosia Sugialam
Co-Founder & CEO · Paper
Jeremy Limman
Co-Founder · Paper
Suwandi Soh
CEO · Mekari
Chinmay Chauhan
Co-Founder and President · BukuWarung
Abhinay Peddisetty
Co-Founder & CEO · BukuWarung
Christian Lie
Co-Founder & COO · CrediBook
Gabriel Frans
Co-Founder & CEO · CrediBook
Yudha Pratama
Co-Founder · Delegasi
Anshorimuslim Syuhada
Co-Founder · Delegasi
Prism market signals · Indonesia · country-scoped Prism corpus, 492,433 docs

Market landscape — 10 sub-themes by coverage

Share of Finance & Accounting Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Indonesia

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.

research sentiment over time
201820222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 36% → 44% across 2018–2026.
top research entities
  • Binus University102
  • Universitas Patria Artha72
  • Diponegoro University40
  • University of Indonesia33
  • Institut Agama Islam Negeri Bengkulu33
leading researchers
Halim, Erwin · Nurbaiti Nurbaiti · Budi Setiawan · Mercurius Broto Legowo · Steph Subanidja · Florentina Kurniasari · Cory Vidiati · Suwinto Johan
▲ Breakthroughs28 · 2%
▲ 0%→1% share
0 median citations89% since 2021mostly methods-led
Breakthroughs are rising (0%→1% of field), led by Financial services.
rising sub-themes (early→recent)
  • Financial services12
  • Database transaction5
  • Financial inclusion4
  • Financial literacy4
  • Payment4
Newly emergingFinancial services 0→9
Landmark Financial Technology and Innovative Financial Inclusion · 30 cites
◆ Advancements886 · 49%
▲ 0%→51% share
0 median citations96% since 2021mostly empirical
Advancements are rising (0%→51% of field), led by Financial services.
rising sub-themes (early→recent)
  • Financial services3→338
  • Payment3→141
  • Sharia1→68
  • Service (business)1→48
  • Technology acceptance model2→42
Newly emergingFinancial literacy 0→330 · Financial inclusion 0→188 · Islam 0→93
Landmark User Innovativeness and Fintech Adoption in Indonesia · 224 cites
▼ Concerns466 · 26%
▲ 0%→24% share
0 median citations87% since 2021mostly empirical
Concerns are rising (0%→24% of field), led by Financial services.
rising sub-themes (early→recent)
  • Financial services1→211
  • Government (linguistics)2→37
  • Database transaction1→26
  • Financial innovation1→13
  • Qualitative research2→12
Newly emergingPayment 0→83 · Financial literacy 0→82 · Islam 0→79
Landmark Challenges and Trends of Financial Technology (Fintech): A Systematic Literature Review · 330 cites
RESEARCH HOTSPOTS · Indonesia

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.

Jakarta191 · +0.23
Hot · Unified theory of acceptance and use of technologyAdvancing · Social influenceOpportunity · Structural equation modelingConcern · Expectancy theory
Makassar121 · +0.38
Hot · Accounting managementAdvancing · Strategic financial managementOpportunity · Financial literacyConcern · Sustainability
Bandung117 · +0.15
Hot · Financial servicesAdvancing · Business modelOpportunity · IslamConcern · Loan
Surabaya117 · +0.24
Hot · Financial riskAdvancing · Credit riskOpportunity · Accounting managementConcern · Big data
Semarang105 · +0.18
Hot · Legal certaintyAdvancing · Financial institutionOpportunity · Financial inclusionConcern · Consumer protection
Yogyakarta95 · +0.15
Hot · Financial servicesAdvancing · Stock (firearms)Opportunity · Financial literacyConcern · Islamic finance
Medan91 · +0.20
Hot · IslamAdvancing · Small and medium-sized enterprisesOpportunity · Financial literacyConcern · Normative
Depok72 · +0.18
Hot · Banking industryAdvancing · Stock (firearms)Opportunity · Financial literacyConcern · Marketing
Malang63 · +0.19
Hot · Asset (computer security)Advancing · MicrofinanceOpportunity · Financial literacyConcern · Statutory law
Padang21 · +0.30
Hot · Financial literacyAdvancing · Financial inclusionOpportunity · PaymentConcern · Financial services

Common questions

How many Finance & Accounting Tech companies are there in Indonesia?
Radar tracks 63 indexable Finance & Accounting Tech companies headquartered in Indonesia that meet our profile-completeness bar.
What is the total funding raised by Finance & Accounting Tech companies in Indonesia?
The Finance & Accounting Tech companies in Indonesia on this list have raised a combined $514.2M in disclosed equity funding across 10 funded companies.
Which is the highest-funded Finance & Accounting Tech company in Indonesia?
Fazz is the highest-funded Finance & Accounting Tech company in Indonesia, with $154.9M in disclosed equity funding.
How many Finance & Accounting Tech companies in Indonesia are funded?
10 of the 63 Finance & Accounting Tech companies in Indonesia on this list have disclosed at least one equity funding round.
How many Finance & Accounting Tech unicorns are there in Indonesia?
None of the Finance & Accounting Tech companies in Indonesia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indonesia Finance & Accounting Tech companies?
The most active investors in Indonesia Finance & Accounting Tech companies on this list include Mandiri Capital Indonesia, PT Prasetia Dwidharma, Y Combinator, AC Ventures, East Ventures.
Rohit KhannaTrends & Stories

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.

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