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Radar · Investment Tech in Indonesia

Best Investment Tech Companies in Indonesia

The 138 best Investment Tech companies in Indonesia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ajaib.

138companies tracked
$657.6Mdisclosed funding
1unicorns
34have raised

Indonesia's Investment Tech scene has a clear hierarchy, and this directory maps it: 138 companies tracked, $658M in disclosed funding, and one unicorn already in the mix. Ajaib leads at $245M raised, followed by Bibit at $175M and Pluang at $113M. Those three alone account for the bulk of the capital. The global market these companies are swimming in sat at roughly $127B in 2022 and is expanding at a 15.6% CAGR, driven by demand for affordable financial access and the steady push from regulators to modernize compliance infrastructure. Data security pressures are real here too, and Indonesia's evolving regulatory environment means the compliance cost isn't going away.

What I find telling is the app-layer momentum: median install growth is running at about +25% YoY across investment and asset management apps. So the retail appetite is there, and you can see it in how investors are betting. 500 Global, East Ventures, Y Combinator, and Mandiri Capital Indonesia keep showing up on cap tables across the directory. Globally, the conversation is moving fast too, with Nordic tech exchange dynamics and cross-sector ROI debates reshaping how institutional money thinks about fintech infrastructure. Indonesia's trajectory fits right into that current.

Sources & further reading
  • IDC Financial Insights
FLIAR INTELLIGENCE · INVESTMENT TECH × INDONESIA

Our analysis of 229 Investment Tech companies

$28.6b in tracked funding; 94% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

229companies analysed
94%cloud-native stacks
2025funding peak (by rounds)
23unicorns
2019median founding year
679kcombined LinkedIn audience
75%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best Investment Tech companies in Indonesia

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityRecent signals
1Ajaib 🦄
Online investing platform for stocks and mutual funds
$245M56 mo ago460Yada Piyajomkwan
Co-Founder & CPO
WordPressMySQLPHP+35Top 500k3 job openings
2Bibit
App-based mutual funds investment platform
$175M48 mo ago490Johny Susanto
Chief Technology Officer & Co-founder
TurbopackNode.jsVisx+22Top 500k—
3Pluang
App-based investment platform for gold, crypto, and mutual funds
$113M1 mo ago264Richard Chua
Co-Founder
Apple iCloud MailGoogle WorkspaceNode.js+18Top 500k1 award
4Ekta
NFT-based trading platform for the real world
$60M48 mo ago20Berwin Tanco
Founder
———
5Mapan
Online reselling platform to buy household products
$15M47 mo ago675————
6Crowde
P2P lending platform connecting investors with farmers for agricultural financing
$10M56 mo ago294————
7FUNDtastic
App-based financial planning & advisory platform
$8M63 mo ago38Harry Hartono
CEO
PHPYouTubeCodeIgniter+15Top 10M—
8Snowseed
NFT crowdfunding platform that connects real-world assets to NFT utilities
$5M27 mo ago—Anang Prayudi Mkk
CEO
———
9Moduit
Provides a robo advisory platform for investors
$4M55 mo ago49Charles J
Co-Founder & CTO
Firebasestyled-componentsChart.js+20Top 5M—
10Bareksa
Online trading platform focused on mutual funds
$4M54 mo ago171Karaniya Dharmasaputra
Co-Founder
SentryNode.jsRecharts+23Top 500k—
11DopeWarZ
Online marketplace for trading NFTs and digital assets
$3M54 mo ago—Spencer Tarring
Founder & CEO
———
12PINA
App-based financial management and savings platform for individuals
$3M47 mo ago28Fajar Kuntoro
Co-Founder & CTO
Node.jsTailwind CSSReact+16Top 5M—
13tanamduit
Financial planning & advisory platform for individuals
$3M93 mo ago35Muhammad Hanif
Co-Founder
WordPressMySQLPHP+16Top 5M—
14Finku
App-based personal finance management platform for individuals
$3M49 mo ago60Reinaldo Tendean
Co-Founder
WebflowMicrosoft ClarityAdjust+16Top 10M—
15SerMorpheus
Online marketplace for NFTs and tickets
$2M45 mo ago—Kenneth Tali
Co-Founder
———
16Djoin
Solutions for microfinance institutions
$1M22 mo ago70Indra Suputra
CEO
Google MapsYouTubeReact+10Top 50M1 internship · 1 partnership
17GORO
Online platform to invest in real estate rental properties through fractional investing
$1M34 mo ago—Andryan Gouw
Co-Founder
LeafletGoogle Sign-inElement UI+17Top 1M—
18Demuzo
Online platforms allow investors to invest in music
$600K15 mo ago—Mark Feldman
Co-Founder & CEO
———
19Bizhare
Equity-based crowdfunding platform
$514K30 mo ago50Heinrich Vincent
Founder/CEO
SentryNode.jsZoho+17Top 500k10 job openings
20Duckie Land
Developer of Play-To-Earn NFT games for PC and console
$315K52 mo ago8Febrian Pottanobu
Co-Founder & CEO
———
21iGrow
Agriculture investment and crowdfunding platform
$125K119 mo ago52—Node.jsAmazon ALBAmazon Web Services+15Top 10M—
22Artpedia
Blockchain-based NFT-marketplace
$100K48 mo ago5Joko Sunaryo
Co-Founder
———

Top 12 Investment Tech companies in Indonesia

#1
Series C · Jakarta, Jakarta · founded 2018 · 264 employees
$113Mraised
▾

Pluang provides an app-based online investment platform for gold, crypto, and mutual funds. It features gold investment tips, market prices, and more. It offers a gold price comparison and monitoring platform. App is available for iOS and Android devices.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 55k LinkedIn followers — 8.1% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · hiring: Transaction Monitoring, Sr. IT & Infrastructure Partner
Activity: 1 awards announced in 12 mo
Funding rounds
  • May 2026Series C$10M
  • Jan 2022Series C$55M
  • Sep 2021Series B$35M
  • Mar 2021Series A$20M
Founders & team
Richard ChuaCo-FounderClaudia KolonasCo-Founder
Investors
Square Peg Ventures, SIG, UOB, GO VC, Gojek, SIG Venture Capital
Tech stack
AkamaiAkamai MpulseAmazon S3Amazon SesAmazon Web ServicesApple Icloud Mail
#2
Ajaib 🦄
Series B · West Jakarta, Jakarta · founded 2018 · 460 employees
$245.2Mraised
▾

Ajaib is an online investing platform for stocks and mutual funds. It provides tools to assist in risk management, rebalancing, portfolio management, financial goals management, stock alerts, and more. The app is available for Android and iOS devices.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 217k LinkedIn followers — 31.9% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: IT Support, Finance Operations Staff
Funding rounds
  • Oct 2021Series B$153M
  • Mar 2021Series A$65M
  • Jan 2021Series A$25M
  • Jan 2019Seed$2.1M
Founders & team
Yada PiyajomkwanCo-Founder & CPOAnderson SumarliCo-Founder & CEO
Investors
Y Combinator, Ribbit Capital, Iconiq Capital, Bangkok Bank, Horizons Ventures, Alpha JWC Ventures
Tech stack
AmplitudeAppsflyerBootstrapCloudflareCloudflare Bot ManagementCore-Js
#3
Acquired · Jakarta, Indonesia · founded 2019 · 490 employees
$175Mraised
▾

Bibit provides an app-based mutual funds investment platform. It is an automatic portfolio manager which manages investment based on age, income and risk tolerance capacity. It features auto risk profiling, funds allocation, portfolio management, and monitoring.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 236k LinkedIn followers — 34.8% of this cohort's audience
Funding rounds
  • May 2022Series C$80M
  • May 2021Series B$65M
  • Jan 2021Series A$30M
Founders & team
Johny SusantoChief Technology Officer & Co-founder
Investors
Prosus, Tencent, Harvard Management Company, East Ventures, AC Ventures, Peak XV Partners
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAngularAppsflyer
#4
Deadpooled · Bali, Bali · founded 2021 · 20 employees
$60Mraised
▾

NFT-based trading platform for the real world. It allows organizations and creators can tokenize and sell assets through a metaverse. It also offers NFT marketplace and wallets for users.

Funding rounds
  • Jun 2022Series C$60M
Founders & team
Berwin TancoFounder
Investors
Global Emerging Markets
#5
Seed · Ubud, Bali · founded 2023
$600Kraised
▾

Online platforms allow investors to invest in music. It is a digital marketplace that enables individuals to invest in music copyrights, allowing them to purchase shares of future hits and earn profits. The platform connects artists, producers, and investors.

Funding rounds
  • Feb 2025Seed$600K
  • Apr 2024Seed—
Founders & team
Mark FeldmanCo-Founder & CEOAlexander PogorelskiyCo-Founder & CFORinat NasyrovCo-Founder & COO
#6
Seed · Denpasar, Bali · founded 2020 · 70 employees
$1Mraised
▾

Solutions for microfinance institutions

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Activity: 1 partnerships (incl. OJK Fintech Startup Accel) announced in 12 mo
Funding rounds
  • Aug 2024Seed—
  • Jul 2022Seed$1M
Founders & team
Indra SuputraCEO
Investors
500 Global, Katalys Partners
Tech stack
CloudflareCloudflare Browser InsightsGoogle AnalyticsGoogle Font ApiGoogle MapsGoogle Workspace
#7
Series A · Jakarta, Jakarta · founded 2023
$5Mraised
▾

NFT crowdfunding platform that connects real-world assets to NFT utilities. It allows individuals to invest in tangible assets associated with specific companies and projects. Upon generating profits from the invested company and project, investors receive a certain portion of dividends.

Funding rounds
  • Mar 2024Series A$5M
Founders & team
Anang Prayudi MkkCEO
Investors
BUCKINGHAM INVEST LIMITED
#8
Acquired · Jakarta, Jakarta · founded 2009 · 675 employees
$15Mraised
▾

Online reselling platform to buy household products. Its features include second-hand price management, managing goods gatherings, selling on credit, and more. Its mobile application is available on the Android platform.

Funding rounds
  • Jun 2022Series A$15M
  • Jun 2015Seed—
  • 2014Seed—
Investors
Endeavor, Patamar Capital, Astra Digital, BRI Ventures, SMDV, Blibli.com
#9
Series B · Jakarta, Jakarta · founded 2015 · 294 employees
$10.1Mraised
▾

P2P lending platform connecting investors with farmers for agricultural financing. This platform facilitates access to capital for farmers, offering loans for essential resources and expert guidance during cultivation. Investors can support farmers through a secure lending scheme, fostering optimal returns. The platform also creates an ecosystem for buying and selling agricultural produce, connecting farmers with potential buyers and suppliers. It supports farmers by providing raw materials, facilitating project proposals, and ensuring fair pricing. This fintech platform offers a social impact by empowering farmers, promoting sustainable agriculture, and driving economic growth in rural communities. It is a B2B and B2C platform.

Funding rounds
  • Oct 2021Series B$9M
  • Sep 2019Seed$1M
  • Oct 2018Seed—
  • 2016Seed$70K
Investors
Monk's Hill Ventures, Mandiri Capital Indonesia, Great Giant Foods, Crevisse, STRIVE, Digitaraya
Tech stack
Node.JsAnt DesignReactNext.JsGoogle Tag ManagerGoogle Analytics
#10
Series A · Jakarta, Jakarta · founded 2018 · 38 employees
$7.7Mraised
▾

FUNDtastic is an app-based financial planning & advisory platform. It allows users to invest in mutual funds, gold, insurance, and SBN investments for retirement. Provides tools to develop financial goals for the future, recommendations, cash flow maintenance, and portfolio management solutions. The application can be accessed on iOS and Android devices.

Funding rounds
  • Feb 2021Series A$7.7M
  • 2019Seed—
Founders & team
Harry HartonoCEO
Investors
Ascend Capital Group, Indivara
Tech stack
CdnjsCloudflareCodeigniterCore-JsFacebook PixelFont Awesome
#11
Seed · Jakarta, Jakarta · founded 2018 · 49 employees
$4.5Mraised
▾

Moduit provides an online platform for goal-based wealth management. It helps in investment planning for car, house, education, vacation, and more. It enables users to invest in mutual funds and other fixed-income securities.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Nov 2021Seed$4.5M
Founders & team
Charles JCo-Founder & CTOJeffry LomantoCo-Founder & CEO
Investors
Reciprocus, Helicap, Purpose Venture Capital, 33 Capital
Tech stack
BabelCdnjsChart.JsCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#12
Seed · Jakarta, Jakarta · founded 2021 · 28 employees
$3Mraised
▾

App-based financial management and savings platform for individuals. The app lets users manage their personal finances, create or join savings and investment plans, and decide investment assets. It lets users Integrate their savings, BPJS, and investments to get a comprehensive picture of your financial situation, provides a comprehensive overview of all their asset holdings and liabilities/debts in one place.

Funding rounds
  • Jul 2022Seed$3M
  • Sep 2021Seed—
Founders & team
Fajar KuntoroCo-Founder & CTOChristian HermawanCo FounderHendry ChouCo-Founder
Investors
AC Ventures, Vibe Capital, Y Combinator, XA Network, 1982 Ventures, PT Prasetia Dwidharma
Tech stack
CloudflareCore-JsFacebook PixelGoogle AnalyticsGoogle WorkspaceHotjar

Funding & investor landscape

$657.6Mtotal disclosed funding
22companies funded
35disclosed rounds
1rounds last 90 days
Most active investors
500 Global6 rounds
East Ventures6 rounds
Mandiri Capital Indonesia6 rounds
Y Combinator4 rounds
AC Ventures3 rounds
BRI Ventures3 rounds
Beenext3 rounds
Digitaraya3 rounds
500 Durians2 rounds
Alpha JWC Ventures2 rounds

Notable founders

Richard Chua
Co-Founder · Pluang
Claudia Kolonas
Co-Founder · Pluang
Yada Piyajomkwan
Co-Founder & CPO · Ajaib
Anderson Sumarli
Co-Founder & CEO · Ajaib
Johny Susanto
Chief Technology Officer & Co-founder · Bibit
Berwin Tanco
Founder · Ekta
Mark Feldman
Co-Founder & CEO · Demuzo
Alexander Pogorelskiy
Co-Founder & CFO · Demuzo
Indra Suputra
CEO · Djoin
Anang Prayudi Mkk
CEO · Snowseed
Harry Hartono
CEO · FUNDtastic
Charles J
Co-Founder & CTO · Moduit
Prism market signals · Indonesia · country-scoped Prism corpus, 894,841 docs

Market landscape — 10 sub-themes by coverage

Share of Investment 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
Financial services research is newly emerging — 9 brand-new papers signal Indonesia's first breakthrough-level fintech contributions.
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
Financial literacy research exploded — 330 new papers make it Indonesia's dominant fintech advancement sub-topic.
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
Financial services concern papers surged 1→211 — risk scrutiny is intensifying sharply across Indonesian fintech research.
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 Investment Tech companies are there in Indonesia?
Radar tracks 138 indexable Investment Tech companies headquartered in Indonesia that meet our profile-completeness bar.
What is the total funding raised by Investment Tech companies in Indonesia?
The Investment Tech companies in Indonesia on this list have raised a combined $657.6M in disclosed equity funding across 22 funded companies.
Which is the highest-funded Investment Tech company in Indonesia?
Ajaib is the highest-funded Investment Tech company in Indonesia, with $245.2M in disclosed equity funding.
How many Investment Tech companies in Indonesia are funded?
22 of the 138 Investment Tech companies in Indonesia on this list have disclosed at least one equity funding round.
How many Investment Tech unicorns are there in Indonesia?
1 Investment Tech company in Indonesia on this list is valued at $1B or more.
Who are the top investors in Indonesia Investment Tech companies?
The most active investors in Indonesia Investment Tech companies on this list include 500 Global, East Ventures, Mandiri Capital Indonesia, Y Combinator, AC 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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