Market Share of Indonesia Financial Technology Services Industry
The Indonesian financial technology services market is becoming highly competitive, with multiple vendors expanding their product lines to offer a broad portfolio of Financial solutions. Vendors have been rolling out advanced technology-based financial services through collaborations, expansions, and partnerships. Key players in the market are PT Ajaib Teknologi Indonesia, PT Investree Radhika Jaya, Grab Holdings Limited, PT GoTo Gojek Tokopedia Tbk, and PT Akulalu Silvrr Indonesia, among others.
- June 2024: Indonesian digital banking service provider Superbank launched its services on the Grab platform, which will allow the super-app’s users and partners to open bank accounts and use it as a direct payment app for all Grab services without installing an additional app. This development shows the collaboration between a digital banking provider and the market vendor, Grab Holdings Limited.
Indonesia Financial Technology Services Market Leaders
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PT Ajaib Teknologi Indonesia
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PT Investree Radhika Jaya
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Grab Holdings Limited
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PT GoTo Gojek Tokopedia Tbk
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PT Akulalu Silvrr Indonesia
*Disclaimer: Major Players sorted in no particular order