Tags:AppB2CCorporateE-commerceFinTechInvestmentITPlatformProductUtilities
Ayoconnect is Indonesia's largest API platform. It enables developers to choose from a wide range of financial white-label products on Ayoconnect’s API platform and quickly launch them to their users. Ayoconnect remains in the background, focused on building and operating the necessary infrastructure while allowing their clients to monetize and expand their business in a fast and massive way. Founded in 2016, Ayoconnect’s API stack has seen rapid adoption. It is trusted by more than 100+ Indonesian companies as clients, including leading banks, retailers, e-commerce, fintechs, and e-wallets such as Bank BRI, Bank Mandiri, DANA, Indomaret, Bukalapak, Home Credit, Pegadaian and connects more than 1,000 institutions through its network of APIs. Ayoconnect’s APIs process more than 300 million API hits annually. Ayoconnect has raised a total of US$15 million from leading local and international institutional investors. Ayoconnect's investors include Mandiri Capital Indonesia, Bank Mandiri’s corporate venture capital unit; BRI Ventures, Bank BRI's corporate venture capital unit; Indonesia’s AC Ventures, headed by Chairman of the Indonesian Fintech Association Pandu Sjahrir; Patamar Capital, Southeast Asia’s leading impact venture capital; Kakaku, a public company listed on the Tokyo Exchange (TYO); and Finch Capital among others. Ayoconnect continues expanding its ecosystem to accelerate financial inclusion and adoption of embedded finance throughout Indonesia.
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Location: Indonesia, Jakarta Special Capital Region
Member count: 201-500
Total raised: $15M
Founded date: 2016

Investors 3

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
27.01.2022Series B$15M-incubees.c...

Mentions in press and media 17

DateTitleDescriptionCategoryAuthorSource
15.10.2022Indonesian...In a series B+ round headed by...--incubees.c...
13.10.2022Open finan...Focused on Southeast Asia, Ayo...Ayoconnect...Catherine ...techcrunch...
10.05.2022Indonesia’...Bank Rakyat Indonesia (BRI), o...--fintechnew...
01.03.2022As API-fir...When GGV Capital reached out a...API startu...Alex Wilhe...techcrunch...
01.02.2022To introdu...Tiger Global sponsored a US $1...--incubees.c...
31.01.2022Indonesian...---vcbay.news...
27.01.2022Indonesian...Premium Ayoconnect, an Indone...-Mars W. Mo...dealstreet...
26.10.2021Ilham Habi...Ilham Habibie is an experience...--en.prnasia...
01.09.2021Indonesian...Premium Indonesian fintech pl...-Cindy Silv...dealstreet...
01.09.2021Indonesian...Indonesian B2B fintech startup...NewsKhamila Mu...kr-asia.co...
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