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101 Top Indonesia Financial Services Companies and Startups of 2021

This article showcases our top picks for the best Indonesia based Financial Services companies. These startups and companies are taking a variety of approaches to innovating the Financial Services industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

Top Indonesia Financial Services Startups

Data sourced from Crunchbase and SemRush.

BukuKas

BukuKas

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BukuKas provides a digital ledger app designed to assist micro and small businesses in their cash management.

Amartha

Amartha

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Amartha is a financial technology company that connects micro and SME business partners with investors.

Amartha

FinAccel

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FinAccel is a credit risk and consumer lending platform.

Amartha

Xendit

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Xendit is a fintech company that provides end-to-end digital payment solutions for SMBs and e-commerce startups to large enterprises.

Amartha

Bibit.id

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Bibit.id is a Robo-investing app developed to provide assistance on smart mutual fund investments.

Amartha

Ajaib

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Ajaib is an investing platform that allows Indonesians to buy and sell stocks, ETFs, and mutual funds.

Amartha

LinkAja

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LinkAja is an electronic-based service that makes your financial transactions more exciting.

Amartha

PAYFAZZ

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PAYFAZZ is an agency-based financial platform that facilitates digital transactions and payments.

Amartha

Akulaku

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Akulaku aims to improve the quality of life for partners and consumers by presenting a complete and reliable financial ecosystem.

Amartha

Pt Pintu

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Pintu is an application for buying and selling and investing in bitcoin and digital assets easily.

Amartha

KoinWorks

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Koinworks is an Indonesia Super Financial App that provides both investment and liabilities products under single platform

Amartha

Kredivo

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Kredivo provides an online credit card with payment methods and installments in 30 days or in installments within months.

Amartha

PasarPolis

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PasarPolis is an insurtech startup that provides an online insurance comparison platform for individuals.

Amartha

ALAMI

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ALAMI is a sharia-based peer-to-peer (P2P) lending platform that helps people fund small businesses.

Amartha

Stockbit

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Stockbit is an Indonesian investment community platform for investors and traders to share information and their ideas.

Amartha

Cermati

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Cermati are a technology startup that engages in the Indonesian financial technology area.

Amartha

Pluang

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Pluang is a financial technology application that opens public access opportunities to financial products easily and affordably.

Amartha

Investree

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Investree is a B2B SME Marketplace Lending in Indonesia

Amartha

Pintek

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Pintek is a financial technology company aiming to democratise access to education in Indonesia through affordable and flexible credit.

Amartha

Jago

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Jago provides banking and financial services.

Amartha

Ayoconnect

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Ayoconnect is an Indonesian fintech company focusing in building Indonesia’s largest financial APIs platform.

Amartha

UangTeman

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UangTeman is an online lending service that provides instant short-term microcredit to Indonesian consumers.

Amartha

JULO

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Provides affordable unsecured personal loan.

Amartha

AwanTunai

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AwanTunai is digitizing the traditional FMCG supply chain for micro SME merchants with online inventory ordering and digital payments.

Amartha

Bank Mandiri

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Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in term of assets, loans and deposits.

Amartha

GajiGesa

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GajiGesa is a financial wellness platform helping Indonesians achieve financial dignity and security from their work.

Amartha

INDODAX

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INDODAX is the largest digital asset exchange in Indonesia, previously known as Bitcoin.co.id (Bitcoin Indonesia)

Amartha

Akseleran

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Akseleran is a peer-to-peer lending platform.

Amartha

Batumbu

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Batumbu presents information technology-based money lending services.

Amartha

Modalku

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Modalku is online marketplace based in Jakarta, Indonesia for small businesses to acquire loans & for lenders to fund small business loans.

Amartha

CROWDE

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Agriculture-focused fintech startup that empowers farmers across Indonesia with technology and capital

Amartha

AC Ventures

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AC Ventures is an early-stage technology venture fund that focuses on investing in Indonesia’s digital disruptors.

Amartha

Danacita

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Danacita is a loans to fund their tertiary education and training in Jakarta.

Amartha

Cashlez

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Cashlez operates as a financial technology company that provides value propositions for traders, and mobile payment players.

Amartha

Tanamduit

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Tanamduit is a digital platform that helps customer comprehensively in financial planning.

Amartha

Taralite

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Taralite is a financial technology startup that focuses on lending money to the unbankables.

Amartha

WalletKu

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WalletKu is a company which offers prepaid mobile phones credit top up, bill payments and sports ticket bookings and payments.

Amartha

NeoNesia

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Fintech solution and platform provider for prepaid top-ups targeting Indonesia

Amartha

Cicil

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Cicil.co.id is a new-age financing platform in South East Asia.

Amartha

Bitwyre

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Cryptocurrency Spot and Derivative Exchange

Amartha

Bank Index

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Bank Index provides lending services to small and medium enterprise.

Amartha

Reliance Capital Management

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Reliance Capital Management an integrated financial services company, provides financial service products in Indonesia.

Amartha

Radana Bhaskara Finance

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Radana Finance is an Indonesia-based company engaged in motorcycle financing and multipurpose financing.

Amartha

Indosurya Inti Finance

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Indosurya Inti Finance is a multi-finance company based in indonesia.

Amartha

SuperAtom

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SuperAtom is a technology company that provides financial services.

Amartha

Pundi Pundi

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Pundi Pundi provides financial service solution that allows virtual credit payments through mobile phone.

Amartha

DANA Wallet Indonesia

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DANA is a Fintech company focused on delivering inclusive financial services (payment) to the whole of Indonesia

Amartha

PT. Astra International Tbk

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Astra International is a company doing various activities include trading, industrial, mining, transportation, agriculture and construction.

Amartha

OY!

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OY! is a fintech application that simplifies the management of finances.

Amartha

kandang

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Kandangin is Project Financing Platform Focus to help Farmers in Indonesia

Amartha

Bank Maspion

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Bank Maspion conducts banking business, securities business, and other related businesses.

Amartha

Flip

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Flip operates as a platform that helps to send money securely without any transaction fee.

Amartha

PT Wallezz Finansial Teknologi

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Wallezz Finansial Teknologi is an indonesia fintech startup that focus to create many front end solution to serve many transaction mnodels.

Amartha

Bank Yudha Bhakti

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Bank Yudha Bhakti provides various commercial banking services.

Amartha

Brick

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Brick is a financial data application programming interface (API) that allows developers to offer in-app financial services.

Amartha

Go-Ventures

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Go-Ventures is an investment company by Go-Jek.

Amartha

Finantier

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Finantier provides the infrastructure and data products required by businesses to build the next generation of financial services in SEA.

Amartha

Brankas

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Brankas is a fintech company that provides financial software and solutions.

Amartha

LABABOOK

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Record Keeping Mobile App for SMEs in Indonesia

Amartha

Lifepal

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Lifepal is the #1 online marketplace in Indonesia for insurance.

Amartha

Bareksa

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Bareksa is an Indonesia-based investment platform for online mutual fund investments, state bonds, and Umrah plans.

Amartha

Invermay Ventures

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Invermay Ventures is a venture capital that actively contributes to providing funding to micro or SME businesses in Indonesia

Amartha

Bank Negara Indonesia

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BNI offers integrated financial services to its customers.

Amartha

Kredit Pintar

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Kredit Pintar is a financial technology company that provides easy access to short term loans.

Amartha

Teman Usaha

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Teman Usaha is a micro-financing application that connects lenders in Indonesia with high quality loan applicants.

Amartha

Bank Central Asia

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Bank Central Asia is an Indonesian private bank that provides financial solutions to achieve optimal satisfaction for customers.

Amartha

Transfez

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Transfez is a cross-border money transfer service.

Amartha

EMPAT KALI INDONESIA

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EMPAT KALI INDONESIA is a financial services company located in South Jakarta.

Amartha

Adira

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Adira Finance provides credit facility for people to make their dreams come true by today, without waiting for tomorrow.

Amartha

Angel Investment Network Indonesia (ANGIN)

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Indonesia’s first and largest tech-enabled investment platform committed to building Indonesia’s entrepreneurial ecosystem

Amartha

Futuready

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Futuready.com is the first online insurance broker in Indonesia that has an official license from OJK

Amartha

Infradigital

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We connect Indonesian schools with digital & financial services

Amartha

CekAja.com

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CekAja.com is an online portal that offers information services enabling individuals to make smart financial decisions.

Amartha

Gradana

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Gradana is a property FinTech company that addresses the issues of limited funding alternatives.

Amartha

amalan international

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Fintech for distressed consumer loans in Southeast Asia

Amartha

Danabijak

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Danabijak is an online lending platform that offers microloans.

Amartha

Jenius

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Jenius is a way to manage finances and live easily on your smartphone.

Amartha

MNC Group

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MNC Corporation began in the financial service industry as a brokerage house and has evolved to become Indonesia’s leading investment group.

Amartha

Bank Indonesia

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Bank Indonesia is the central bank of the Republic of Indonesia that establishes and maintains rupiah’s stability.

Amartha

PandaCredit

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Pandacredit is a data-driven consumer fintech company that focuses on developing emerging markets.

Amartha

Gunung Sewu Group

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Over the years Gunung Sewu Group has thrived through visionary leadership recognizing unique growth opportunities.

Amartha

Amar Bank

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Amar Bank offers banking and financial services.

Amartha

Moduit

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Moduit is Wealth Management and Advisory platform for individual investors and financial professionals

Amartha

BeeCash

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BeeCash operates as a financial management application that helps stores in managing sales tracking, cash flow, and accounts.

Amartha

DANAdidik

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DANAdidik is a fundraising company that specializes in student loans.

Amartha

DigiAsia Bios

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DigiAsia Bios is a financial services information technology company located in Jakarta .

Amartha

Kartuku

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Kartuku is a third party processor and payment service provider delivering end-to-end, mission critical payment solutions in Indonesia.

Amartha

CT Corp

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CT Corp is a rapidly growing, diversified Indonesian-based holding company.

Amartha

Bank Rakyat Indonesia

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Bank Rakyat Indonesia specialises in small scale and microfinance.

Amartha

Duithape

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Duithape is a mobile payment and remittance platform that is designed to transact without a bank account.

Amartha

TaniFund

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TaniFund is a financial services company located in Jakarta Selatan.

Amartha

Finmas

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Finmas is a Financial services company that provides mobile technology, mobile lending, and credit scoring services.

Amartha

Espay

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Espay offers an e-commerce payment solution with the only B2C2B concept in Indonesia.

Amartha

Finansialku

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Finansialku.com is a portal for Individual and Family Financial Planners in Indonesia.

Amartha

PT Bank HSBC Indonesia

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PT Bank HSBC Indonesia serves as a commercial banking institution in Indonesia.

Amartha

Indodana

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Indodana is a financial service company located in Jakarta Pusat.

Amartha

PT Saratoga Investama Sedaya

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PT Saratoga Investama Sedaya is an active Indonesian investment firm with a unique track record of profitable investments across key sectors

Amartha

Kanmo Retail Group

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The Group’s has interests across Asia in industry, trading, real estate and financial markets.

Amartha

Bank BKE

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Bank BKE provides all banking facilities and financial services.

Amartha

Paprika

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A mobile payment app that allows users to pay at offline stores and monthly utility bills.

Amartha

Instamoney

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Instamoney develops a platform of payment infrastructures that allows users to transfer money quickly and effectively at scale.

Written by Mark Fitz

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