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Top 50 Payments VC Funds & Investors in Indonesia (August 2026)

The most active venture capital funds investing in Indonesia Payments startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia Payments startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Insignia Ventures Partners
VC Fund
5 Indonesia, Singapore, Vietnam Seed, Series A, Series B Financial Services, FinTech, Software $50k–$63M
Convergence Ventures
VC Fund
5 Indonesia, Singapore, Taiwan Series A, Seed, Series B Financial Services, Internet, FinTech $120k–$60M
Pegasus Tech Ventures
VC Fund
4 United States, Japan, Indonesia Seed, Series B Software, Artificial Intelligence, Health Care $560k–$142M
AC Ventures
VC Fund
4 Indonesia, Singapore, India Seed, Series A, Series B E-Commerce, Financial Services, Software $963k–$87M
East Ventures
VC Fund
4 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $473k–$35M
Global Founders Capital
VC Fund
3 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $500k–$32M
Global Brain Corporation
VC Fund
3 Japan, United States, United Kingdom Series A, Series B Software, Information Technology, Artificial Intelligence $2.4M–$109M
Intudo Ventures
VC Fund
3 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $845k–$66M
IVC
VC Fund
3 United States, Singapore, Philippines Seed, Pre-Seed Blockchain, Gaming, Cryptocurrency $480k–$9M
Lightspeed Venture Partners
VC Fund
3 United States, India, Israel Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $2.5M–$125M
Coinbase Ventures
VC Fund
3 United States, Singapore, India Seed, Series A Blockchain, Cryptocurrency, Financial Services $2M–$41M
Mandiri Capital Indonesia (MCI)
VC Fund
3 Indonesia Series B, Series A, Seed FinTech, Financial Services, Information Technology $500k–$65M
HTX
VC Fund
2 United States, Singapore, China Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, Financial Services $1M–$100M
Pantera Capital
VC Fund
2 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Financial Services $2M–$50M
BRI Ventures
VC Fund
2 Indonesia, Singapore, Taiwan Seed, Series A, Series B Financial Services, FinTech, B2B $2M–$100M
OCBC Ventura
VC Fund
2 Indonesia, Singapore Seed, Series B, Series A Real Estate, FinTech, Finance $1.5M–$36M
Golden Gate Ventures
VC Fund
2 Singapore, Indonesia, United States Seed, Series A, Series B FinTech, Software, Financial Services $473k–$60M
International Finance Corporation
VC Fund
2 India, Brazil, United States Debt Financing, Post-IPO Debt Financial Services, Finance, Banking $20M–$420M
Kejora Capital
VC Fund
2 Indonesia, Singapore, Malaysia Seed, Series B E-Commerce, Financial Services, FinTech $15k–$170M
AC Capital
VC Fund
2 United States, Singapore, China Seed, Pre-Seed, Series A Blockchain, Gaming, Cryptocurrency $150k–$9M
Genesia Ventures
VC Fund
2 Japan, Vietnam, Indonesia Seed, Series A Information Technology, Software, Health Care $691k–$29M
Alameda Ventures
VC Fund
2 United States, Israel, Singapore Seed, Series A Blockchain, Cryptocurrency, FinTech $320k–$35M
Two Culture Capital
VC Fund
2 United States, Mexico, India Seed, Series A, Pre-Seed FinTech, Financial Services, Artificial Intelligence $350k–$25M
Alto Partners Multi-Family Office
VC Fund
2 Indonesia, Singapore, India Seed, Series A, Series B FinTech, Financial Services, SaaS $1.1M–$50M
Skystar Capital
VC Fund
2 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, FinTech $850k–$60M
Castle Island Ventures
VC Fund
2 United States, India, China Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, FinTech $125k–$50M
STRIVE
VC Fund
2 Japan, India, Indonesia Seed, Series A Software, E-Commerce, SaaS $800k–$142M
XA Network
VC Fund
2 Singapore, Indonesia, United States Seed, Pre-Seed, Series A FinTech, Information Technology, Software $681k–$10M
ACE & Company
VC Fund
1 United States, Switzerland, United Kingdom Seed, Series A Software, Financial Services, FinTech $1M–$24M
Amasia
VC Fund
1 United States, Singapore, Indonesia Seed, Series A, Series B Software, E-Commerce, FinTech $622k–$65M
Cakra Ventures
VC Fund
1 Indonesia Seed, Pre-Seed, Series A FinTech, Trading Platform, Food and Beverage
Modalku
VC Fund
1 Indonesia Series A, Debt Financing, Corporate Round Financial Services, Banking, FinTech
Plum Ventures
VC Fund
1 China, United States, Hong Kong Series A, Angel, Seed E-Commerce, Manufacturing, Software
Enjinstarter
VC Fund
1 Canada, Turkey, Indonesia Seed, Initial Coin Offering Blockchain, Gaming, Software
Number Capital
VC Fund
1 Indonesia, India Seed, Pre-Seed SaaS, FinTech, Software $500k–$7.7M
Emtek Group
VC Fund
1 Indonesia, Singapore, Malaysia Series A, Seed, Series B E-Commerce, Internet, Apps
Jianpu Technology
VC Fund
1 Indonesia Seed, Corporate Round Financial Services, FinTech, Software
ZhenFund
VC Fund
1 China, United States, Singapore Series A, Seed, Series B Artificial Intelligence, Software, E-Commerce
Zero2IPO Ventures
VC Fund
1 China, India, Taiwan Series A, Series B, Angel E-Commerce, Internet, Education
Capikris Foundation
VC Fund
1 Israel, Indonesia, Singapore Series C, Series A, Seed Health Care, Artificial Intelligence, Biotechnology
Financial 360 Investment
VC Fund
1 Indonesia Seed FinTech, Software, E-Commerce
Battery Road Digital Holdings
VC Fund
1 Singapore, Egypt, India Seed, Series A E-Commerce, Transportation, Payments
DAAL
VC Fund
1 Tunisia, Egypt, United Arab Emirates Seed, Series A, Convertible Note Software, E-Commerce, Information Technology
Init 6
VC Fund
1 Indonesia, Pakistan, Singapore Seed, Pre-Seed, Series A Financial Services, Information Technology, E-Learning
Openspace Capital
VC Fund
1 Singapore, Indonesia, Philippines Series A, Series B, Seed E-Commerce, Financial Services, Artificial Intelligence
Future Shape
VC Fund
1 United States, Indonesia, France Series B, Series A, Series C Information Technology, Software, Health Care
Cyber Creation Ventures (CCV)
VC Fund
1 China, Taiwan, Nigeria Series A, Series B, Seed Artificial Intelligence, Manufacturing, Software
01vc
VC Fund
1 China, Hong Kong, Indonesia Series A, Seed, Angel E-Commerce, Information Technology, Logistics
PT Buckingham Holdings
VC Fund
1 Indonesia Seed Blockchain, Cryptocurrency, Non-Fungible Token (NFT)
Spiral Ventures
VC Fund
1 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Internet, Information Technology
Access all 125 VC funds in Indonesia Payments startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Insignia Ventures Partners
VC Fund · Singapore, Central Region, Singapore · 5 investments in Indonesia Payments startups

Insignia Ventures Partners is a venture capital firm that specializes in startup investment. Insignia Ventures Partners is an investment firm managed by a former Sequoia Asia partner, Yinglan Tan.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 152
  • Round size: Seed $50k–$13M; Series A $4.3M–$26M; Series B $12M–$63M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Diaflow — The ultimate intelligent platform for business processes automation via internal tools & apps
  • Konvy — Konvy.com is a beauty e-commerce platform that provides cosmetics and skincare products. Konvy.com products include skin creams, makeup accessories, perfume, food supplements, and many more. L'Oréal, Shiseido, Sulwhasoo, Eucerin, and La Roche-Posay are among its brands.
  • IMCOCO Group — IMCOCO Group engaged in the entire coconut water industry chain business, Its business covers four major sectors: the cultivation of aromatic coconuts, cross-border trade of coconut fruits, R & D and production of coconut water raw materials, and the processing of coconut water beverages.
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Convergence Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 5 investments in Indonesia Payments startups

Convergence Ventures is an early stage technology venture fund focused on investing in Indonesia. Led by their partners Adrian Li and Donald Wihardja who are seasoned entrepreneurs with extensive operating experience in Internet businesses in emerging markets. They seek to back exceptional founders by leveraging their experience, network andresources to empower them to build long lasting and impactful businesses for Indonesia and the South East Asia region. Their Advisory Board and Limited Partners from the US, China and Indonesia have backed hundreds of technology businesses in the past decade and bring deep local networks and resources in media and related industries to their founders.

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Investment focus

  • Industry: Financial Services, Internet, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 55
  • Round size: Seed $120k–$3M; Series A $1.3M–$21M; Series B $7.5M–$60M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2016

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Danacita — Solusi pembiayaan, pendanaan & pinjaman dana pendidikan | Berizin & diawasi OJK | Cicilan kuliah dan kursus pelajar indonesia | Student Education Loan & Financing
  • Pandemic Insights — Know and Manage Health Risk Anywhere
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Pegasus Tech Ventures
VC Fund · San Jose, California, United States · 4 investments in Indonesia Payments startups

Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley, offering intellectual and financial capital to exceptional emerging technology companies around the world.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series B
  • Geography: United States, Japan, Indonesia

Investor stats

  • Total investments: 247
  • Round size: Seed $560k–$6.2M; Series B $3.1M–$142M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • ABIVIN — Operate your business more efficiently, manage fleets in real-time, save up to 30% logistics costs with Abivin vRoute - Transportation Management System.
  • StradVision — Vision AI for all
  • Blue Frog Robotics — Build innovative and differentiating solutions, services and applications for enhanced customer / user experience creation for Education, Elders, Healthcare, Real Estate, I.O.T, Services.
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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 4 investments in Indonesia Payments startups

Founded in 2014, AC Ventures is a Southeast Asian venture capital firm that invests in early-stage startups focused on Indonesia and ASEAN, with over US$500 million in assets under management across five funds. The firm’s areas of investment focus on a variety of industries, including digital enablement, financial technologies, agriculturetechnologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions.

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Investment focus

  • Industry: E-Commerce, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 126
  • Round size: Seed $963k–$10M; Series A $5M–$35M; Series B $14M–$87M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Blostem — Blostem provides fintech solutions, focusing on seamless fixed deposit integration for financial services platforms. The company offers an embedded investment platform and white-label solutions, catering to fintechs, wealth tech platforms, investment advisors, and digital companies. Blostem aims to enhance customer experience through innovativefinancial growth and security solutions.
  • Shiok Burger — Shiok Burger is a food and beverages company that provides baked buns and an innovative burger menu.
  • ASTRO — Situs Belanja Kebutuhan Harian Online dengan Harga Terjangkau dan Kualitas Terbaik. Pesan Kebutuhan Harian di ASTRO Pasti Sampai dalam Hitungan Menit
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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Indonesia Payments startups

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 522
  • Round size: Seed $473k–$13M; Series A $2M–$35M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Reject — Reject is an esports firm that focuses on management of its team REJECT, players, apparel business, and event management services.
  • Holo-X — Holo-X provides augmented, virtual, and mixed realities services and products.
  • Sisuta — Sisuta is a purpose-driven organization committed to addressing fundamental social issues by seamlessly integrating human insight with advanced technology, creating innovative solutions that empower individuals, strengthen communities, and unlock the full potential of both people and digital tools to drive sustainable social impact.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 3 investments in Indonesia Payments startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 971
  • Round size: Seed $1.5M–$9.2M; Pre-Seed $500k–$5M; Series A $5M–$32M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.
  • Cambridge Aerospace — Our mission is to eliminate the risk of existential war in Europe.
  • Arrakis Technologies — Arrakis partners with ambitious companies to deploy secure AI in production, taking them from experimentation to real-world impact at warp speed.
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Global Brain Corporation
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Indonesia Payments startups

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups. Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain hasmanaged a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 677
  • Round size: Series A $2.4M–$63M; Series B $4.3M–$109M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Eyeota — Engage your best customers with trusted audience data | enrich insights, enhance personalization and transform audience targeting.
  • Moi — Moi Corporation was founded to deliver on the promise of the Twitcasting social live streaming platform. We developed Twitcasting to enable people to stream and share live video anytime, anywhere - connecting the world in real-time. TwitCasting provides a live streaming social platform that enables real-time chat between broacasters andviewers, through apps or desktop. Users can follow their favorite broadcasters and receive notifications when new a new live stream is about to start. Broadcasters can save and publish their live streams for later viewing.In early 2014 we added "Collabo" to Twitcasting, enabling as many as 6 users to broadcast together, in a single display. Viewers can join a broadcast that is already streaming live and broadcast together. It is the first app to support multi-device broadcasting in a single stream on mobile and PC. Our user base has doubled every year, and hit 7.5 million in September, 2014. While the largest part of our base is in Asia, users in US, Brazil, Mexico and other Latin American countries are now growing rapidly. About 70% of our users are under 25 years old, & approximately 95% of broadcasters shoot on mobile. 
  • Deeping Source — Real-time Video Analytics based on Data Anonymization. High-accuracy computer vision for large-scale spaces: hypermarkets, shopping malls, convention centers, hospitals, logistics warehouses, construction sites, etc.
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Intudo Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Payments startups

Intudo Ventures is an "Indonesia-only" venture capital firm with a concentrated portfolio approach capitalizing on the rapid growth of private consumption and the rising middle class in Indonesia.

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Investment focus

  • Industry: FinTech, Financial Services, Marketplace
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Hong Kong

Investor stats

  • Total investments: 53
  • Round size: Seed $845k–$3.8M; Series A $4M–$31M; Series B $4.3M–$66M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $115M in 2021

Portfolio highlights

  • Banyu — Banyu is a seaweed company that handles difficulties such as low-quality inputs, labor-intensive agricultural practices, and fluctuating market prices. It sells seaweed for food production, biofertilizers, and bioplastics.
  • Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
  • Kozystay — Indonesia's largest short term rental property management Group. Managing high end rental premium apartments & luxury villas in Jakarta, Bali, Bandung, Surabaya & beyond!
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IVC
VC Fund · Taipei, T'ai-pei, Taiwan · 3 investments in Indonesia Payments startups

Who we are We are investors and entrepreneurs helping define the next generation of Blockchain startups. Our Focus Passionate founders. Disruptive models. Borderless markets. Exponential effects. Our Geography Starting from...

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, Philippines

Investor stats

  • Total investments: 288
  • Round size: Seed $1.7M–$9M; Pre-Seed $480k–$4.5M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $70M in 2022

Portfolio highlights

  • Wizzwoods — 1st pixel farm game integrates interchain capabilities with a SocialFi twist.
  • SuperIntent — SuperIntent is a cryptocurrency AI app that streamlines on-chain earning tactics. Developed on a multi-agent framework with abundant yield sources.
  • SuperGaming — At SuperGaming, we are putting India on the global gaming map.
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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 3 investments in Indonesia Payments startups

Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 2032
  • Round size: Seed $2.5M–$30M; Series A $7.5M–$90M; Series B $15M–$125M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.4B in 2022

Portfolio highlights

  • Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
  • Aquantia — At Aquantia, all three elements are present in abundance. Aquantia benefits from team members with a depth of diverse technology development expertise, signal processing innovation and an adherence to lean and agile management practices. Their engineers were at the forefront ofthe Fast Ethernet and Gigabit Ethernet product deployments, and areamong the best in production silicon design.Meet their leadership team, or the board and investors to see their guidance, financial backing and the company they've built.
  • Eightfold AI — Eightfold AI provides the most comprehensive AI recruiting and talent management solutions in the market. We make it easy for businesses to find, screen, and hire the best talent.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Coinbase Ventures
VC Fund · San Francisco, California, United States · 3 investments in Indonesia Payments startups

Coinbase Ventures is an investment arm of Coinbase that aims to invest in seed-stage cryptocurrency and blockchain startups. The company was founded in 2018 and is based in San Francisco, California, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, India

Investor stats

  • Total investments: 606
  • Round size: Seed $2M–$15M; Series A $6.7M–$41M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2018

Portfolio highlights

  • D3 — D3 - DNS Domains for Web3
  • Stablecorp — Stablecorp is igniting a "step-function" improvement in financial services with our suite of products.
  • Subzero Labs — Subzero Labs is developing Rialo, a developer-first Layer 1 blockchain built for internet-scale decentralized applications.
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Mandiri Capital Indonesia (MCI)
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Payments startups

Mandiri Capital Indonesia (MCI) is a Corporate Venture Capital arm of Bank Mandiri, the largest integrated financial service group in Indonesia with US$70 B+ Assets, 20 M+ Retail Customers, 5 K+ outlets, and more than 7 international offices.MCI is highly strategic and agile investors predominantly within financial service industry in Indonesiaby facilitating enterprise partnerships between portfolio startup and Bank Mandiri Group network of 20+ strategic subsidiaries and business units in assist startups to be the next global players.

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Investment focus

  • Industry: FinTech, Financial Services, Information Technology
  • Stage:Series B, Series A, Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 37
  • Round size: Seed $500k–$7.7M; Series A $1M–$35M; Series B $5M–$65M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2015

Portfolio highlights

  • Ayoconnect — API pulsa, token listrik, e-money, dan PPOB terlengkap. Ayoconnect menghubungkan 50+ platform ke 3.000 produk digital.
  • FishLog — FishLog is fisheries supply chains ecosystem. Our vision is to transform fragmented fisheries supply chains into an integrated and efficient ecosystem with reliable solutions that create value along fisheries network. Our mission is to be the largest fisheries network in Indonesia. Offer complete fisheries post-harvest management services. Creatinga transparant, fair-trade and sustainable transaction along fisheries ecosystem with all stakeholders in our network.
  • PT FitAja Digital Nusantara — PT FitAja Digital Nusantara operates in the information technology industry, focusing on health and fitness. The company offers a digital health application, FitAja, which is integrated with various health insurances. The application provides a range of healthcare services, including doctor consultations and an online pharmacy. The company alsooffers mobile application services. The FitAja app is available for both iPhone and iPad users, and it requires iOS 11.0 or later. The company has a team of 13 employees.
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HTX
VC Fund · Beijing, Beijing, China · 2 investments in Indonesia Payments startups

HTX serves its 10 million+ users worldwide with secure and stable trading services. Here at HTX, you can buy Bitcoin, Ethereum, Dogecoin, SHIB, and over 500 quality cryptocurrencies anywhere, anytime.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 48
  • Round size: Seed $2.1M–$18M; Series A $1M–$45M; Venture - Series Unknown $2.5M–$100M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • BabylonChain — Babylon is a VC-backed blockchain project founded by Claude. E. Shannon Award recipient, Professor David Tse from Stanford University. The project’s mission is to bring Bitcoin’s unparalleled security to all PoS blockchains in the world. To this end, we are building, as the bridge between Bitcoin and the PoS world, a new public Cosmos-based PoSblockchain called Babylon with a native token.
  • Lombard — Every onchain Bitcoin journey starts with Lombard.
  • Camp Network — Camp Network provides online camp registration and camp management software for all types of events across the United States.
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Pantera Capital
VC Fund · Menlo Park, California, United States · 2 investments in Indonesia Payments startups

Pantera Capital is an investment firm focused exclusively on Bitcoin, other digital currencies, and companies in the space. The company believes that Bitcoin has the potential to transform the way people use money and that it will do for payments what the Internet has done for communications and commerce.Until 2014, Pantera focused on globalmacro hedge fund investments. The firm was founded in 2003 by Dan Morehead, who was a chief financial officer and head of Macro Trading at Tiger Management. The firm has since shifted its investment advisory services to focus exclusively on Bitcoin, other digital currencies, and companies in the space.Shareholders include Benchmark, Fortress Investment Group, and Ribbit Capital.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 335
  • Round size: Seed $2M–$19M; Series A $5.5M–$50M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Polkadot — Products for People.
  • World Foundation — World is a new standard of trust for the internet - private proof of human, powerful financial infrastructure & the human-first experiences they enable.
  • Solana Company — Building the Preeminent Solana Treasury $HSDT
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BRI Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Payments startups

Beyond Funding: Building Indonesia's Digital Ecosystem and Fostering Local Champions

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Investment focus

  • Industry: Financial Services, FinTech, B2B
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 45
  • Round size: Seed $2.3M–$10M; Series A $2M–$35M; Series B $5M–$100M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2020

Portfolio highlights

  • Materee — Simplifying construction materials procurement in Indonesia
  • DayaTani — Leveling Up Farming At Scale. From small plots to big estates, we design tech that levels up agricultural practitioners.
  • Bang Jamin — Bang Jamin offers all-encompassing services and an AI-powered insurance buying and claims process.
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OCBC Ventura
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Payments startups

Venture Capital arm of Bank OCBC NISP focusing on early stage investment in Indonesia

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Investment focus

  • Industry: Real Estate, FinTech, Finance
  • Stage:Seed, Series B, Series A
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 26
  • Round size: Series A $1.5M–$19M; Series B $6M–$36M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • FTL — Lebih dari sekadar tempat ngegym! Berbagai kelas kebugaran, fasilitas lengkap seperti Pilates+ hingga Les Mills ada di sini! join sekarang!
  • Jendela360 — Jendela360 provides details on the apartment search process with 360-degree virtual tours of the apartments. They also provide customer service and make offline visits. Additionally, they provide customers with the option of processing payments over a 12-month period.
  • Kopitagram — Kopitagram is a café franchise that focuses on not just coffee but also creating a cozy, welcoming atmosphere for customers could really stand out.
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Golden Gate Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Payments startups

Golden Gate Ventures is a venture capital firm investing across Southeast Asia. Since 2011, the firm has launched four funds, managed US$250M AUM, and invested in 60+ companies in over 7 countries in Asia. The firm focuses on investing in technology companies driven by the rising consumer class in Southeast Asia.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Singapore, Indonesia, United States

Investor stats

  • Total investments: 143
  • Round size: Seed $473k–$6.4M; Series A $1.5M–$17M; Series B $10M–$60M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • Sampingan — Sampingan is an Indonesian company that connects businesses through their platform with selected and trained freelancers for easily doable task-based jobs that provides agents with temporary work. The company was founded in 2018 and is based in Jakarta, Indonesia.
  • FlowAccount — FlowAccount.com accounting software is easy to use online form For business startups. Easy to use even with no background in accounting to help - the Bills - Save costs - issuance of withholding
  • Triangle — We route, produce and promote tours across the region.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 2 investments in Indonesia Payments startups

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 642
  • Round size: Post-IPO Debt $45M–$420M; Debt Financing $20M–$400M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Kuku FM — Discover the most popular audiobooks & podcasts on Kuku FM. Listen to trending shows, most-played content, and viral audio series everyone is loving.
  • Vicentin — Vicentin S.A.I.C., through its subsidiaries, operates as an agroindustrial company that manufactures and exports cereals and oilseeds.
  • Cube Highways Trust — Cube roadways Trust is utilizing the public-private partnership (PPP) model in the roadways sector to operate and manage highway projects in collaboration with the federal and state governments.
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Kejora Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Payments startups

We are the catalyst for Asia’s brightest founders to build successful, high-growth leading companies across the region. Founded in 2014, Kejora is the leading venture capital firm that operates in the largest tech ecosystem in Southeast Asia. Since operating, Kejora has invested in over 35 startups in Asia and created more than 91,000 jobsglobally. We are continuously focused on investing, building, and growing highly scalable businesses.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Seed, Series B
  • Geography: Indonesia, Singapore, Malaysia

Investor stats

  • Total investments: 37
  • Round size: Seed $15k–$8.2M; Series B $30M–$170M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2020

Portfolio highlights

  • Bizhare — Situs investasi bisnis Securities Crowdfunding / Equity Crowdfunding atau urun dana terpercaya di Indonesia. Berizin & diawasi oleh OJK. Yuk, Investasi sekarang juga
  • Unravel Carbon — Unravel Carbon provides a platform for enterprises to measure, reduce, and report on their carbon emissions, promoting a zero carbon economy. The company focuses on integrating climate-driven decisions into business practices to ensure sustainability for future generations. Unravel Carbon combines technology and expert support to guideorganizations in their sustainability journey.
  • Sicepat Express — Sicepat Express provides several services to support businesses and puts forward practical solutions for e-commerce. SiCepat Ekspres has branches and outlets spread across cities in Indonesia. The company currently provides last-mile, warehousing and fulfillment, commerce-enabling services, online distribution, and middle-mile logistic.It wasfounded in 2004 and headquartered in Jakarta Pusat, Jakarta Raya.
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AC Capital
VC Fund · Grand Cayman, Midland, Cayman Islands · 2 investments in Indonesia Payments startups

AC Capital is a venture firm focusing on block-chain and fin-tech Industry, dedicated to discovering unicorns and expanding the development and adoption of block-chain technology through investments and marketing services.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 22
  • Round size: Seed $150k–$6M; Series A $1.8M–$9M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Infinitar — Experience the next generation of #MOBA and #eSports with Infinitar: a revolutionary 1v1, 3v3, and 5v5 game with three lanes! https://t.co/rXlPWb0V0T
  • Fandom Studio — Fandom Studio is a South Korean based company child of Flask, that creates bespoke NFT content forging powerful connections between creators/artists and their fans. Its platform is the official NFT service partner of TikTok, users of fandom can convert TikTok content into NFTs and trade it. Using NFT, Fandom designs interactive and qualitycontent with existing brands, artists and productions to let fans to have in-depth communication with creators and have more special content experiences, which will lead to create a new wave of fan culture.
  • UniLive — Meet the Unique You. Launch the largest #Web3 #shortvideo live streaming social platform https://t.co/3PmU5qnAej
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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Indonesia Payments startups

Genesia Ventures is a venture capital firm focused on seed/early stage startups in Japan and Southeast Asia. Since it's inception in Dec 2016, Genesia Ventures has invested in over 90 companies in Japan, Indonesia, Vietnam, Singapore and the US. Genesia Ventures invests in various sectors: SaaS, marketplace, Media, Finance, Insurance,RealEstate, Healthcare, Medical, Travel, Education, Manufacturing, Construction, HR, Agriculture, Sports, Retail, Entertainment, etc.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Seed, Series A
  • Geography: Japan, Vietnam, Indonesia

Investor stats

  • Total investments: 229
  • Round size: Seed $691k–$14M; Series A $1.5M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $589M in 2017

Portfolio highlights

  • Taian — Taian, which specializes in bridal industry services and software. They also provide ''Concept Marry,'' which allows couples to design invites and seating charts that match their wedding theme, as well as display guest information on Oiwaii.
  • AI Mage — AI Mage is an IT company that provides AI solutions for anime production business industries.
  • Umami United — Umami United is a plant-based food brand with unique focus on Japanese food technologies and traditional ingredients to make delicious and healthy food to unite people at one table. The wide lineups are designed to be vegan-friendly, buddhist friendly, and halal friendly for all.
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Alameda Ventures
VC Fund · 2 investments in Indonesia Payments startups

investor

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Israel, Singapore

Investor stats

  • Total investments: 27
  • Round size: Seed $1M–$5M; Series A $320k–$35M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Kollider — Kollider build tools and services to make financial markets available to everyone, across borders, instantly and simply using Bitcoin’s Lightning Network.
  • Coinshift — Coinshift provides a smart treasury management platform that helps businesses and decentralized autonomous organizations manage their crypto assets easily and empowers users to collaborate, approve transactions, and execute mass payouts. Their treasury management solution includes cash management, asset management, risk management, and reporting.
  • Infludesk — Infludesk works with leading brands all over the world and creates influencer marketing campaigns that speak directly to their target audience.
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Two Culture Capital
VC Fund · Dublin, Dublin, Ireland · 2 investments in Indonesia Payments startups

The art and science of entrepreneurship

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Investment focus

  • Industry: FinTech, Financial Services, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Mexico, India

Investor stats

  • Total investments: 84
  • Round size: Seed $1.1M–$10M; Pre-Seed $350k–$7.9M; Series A $7M–$25M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Captur — Captur helps companies make smarter decisions, at the speed of capturing a photo. We use expert triaging and visual AI to identify and action tasks instantly for companies managing in-field operations.
  • AscendArc — Discover innovative, cost-effective small geostationary satellites that enhance bandwidth and deployment speed, revolutionizing satellite communications.
  • LGND — We make Earth data accessible and useful for people and AI.
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Alto Partners Multi-Family Office
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Payments startups

Alto Partners is the first Multi-Family Office founded by and for Asia’s entrepreneurs.​​ Since our establishment in 2013, we have invested in dozens of Southeast Asia's leading founders. ​Many entrepreneurs we backed with our financial and strategic capital have become Asia's most celebrated success stories.​​As we achieve exitsalongside founders, we become the family office of choice for new entrepreneurial wealth, which is often re-invested into next generation start-ups. ​This entrepreneur-focused cycle of venture funding, exits and re-investment underpins the growth of our family office, which today includes the founders of Gojek, Bank Jago, Kopi Kenangan, ​Jobstreet, Northstar and others from Asia's venture ecosystem. ​​

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Investment focus

  • Industry: FinTech, Financial Services, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 80
  • Round size: Seed $1.1M–$7.7M; Series A $1.9M–$35M; Series B $10M–$50M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • IDfy — Secure Customer Onboarding | Smarter Fraud Detection | DPDP Compliance & Privacy Governance made Easy for Banks, E-Commerce, and Logistics.
  • KLAR Smile — KLAR Aligner merupakan solusi tepat untuk mendapatkan gigi rapi yang aman, cepat, tidak sakit, dan terjangkau tanpa mengganggu penampilanmu.
  • Nafas — Nafas creates an air quality sensor network to monitor the quality of outdoor air. Nafas collects data from real sensors that are designed to be installed outside and withstand the elements. To provide the most accurate local data, Nafas has installed over 30 sensors throughout Jakarta.
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Skystar Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Payments startups

We are Skystar Capital, an early-stage VC firm committed to supporting tech entrepreneurs to create a lasting and profound positive difference in Southeast Asia and Indonesia.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 61
  • Round size: Seed $850k–$5M; Series A $3M–$11M; Series B $6M–$60M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Ledgerowl — From bookkeeping to tax, Ledgerowl is the all-in-one AI powered financial solution that your business can trust.
  • Rekosistem — Rekosistem is a Clean- & Climate-Tech Company that enables circular economy implementation in the waste supply chain by leveraging proprietary waste management operation systems to transform waste into recycled materials and renewable resources.
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Castle Island Ventures
VC Fund · Cambridge, Massachusetts, United States · 2 investments in Indonesia Payments startups, 11 in the past 12 months

Castle Island Ventures is a Cambridge, MA based early stage venture firm investing in startups building in the public blockchain industry.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, China

Investor stats

  • Total investments: 139
  • Round size: Seed $1.9M–$11M; Pre-Seed $125k–$8M; Series A $6M–$50M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • XFX — Powering international settlement
  • Cyclops.io — Cyclops is the only crypto and stablecoin platform exclusively for payments companies. Cyclops enables payment service providers to accept crypto, do stablecoin settlement, and manage digital assets with enterprise-grade security. We provide PSPs, Card Networks, Acquirers, PayFacs and otherws with compliant crypto solutions without building in-house. Cyclops is chain agnostic, supporting Bitcoin, Ethereum, USDC, USDT, and multi-chain stablecoin settlement. White-label and turnkey offerings.
  • Birdai Labs — Birdai operates at the base of the chain, measures where value leaks between an order and its fill, and is built to return it to the people who create the order flow.
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STRIVE
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Indonesia Payments startups

STRIVE focuses on investing in early-stage (Seed to Series A) internet and mobile companies. It seeks out companies in Japan, Southeast Asia, and India with top-notch management teams and strong market potential. It is not tied to strategic investments for GREE Inc. and leverages its pan-Asia expertise for guiding its portfolio in an engaged,hands-on role.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 143
  • Round size: Seed $800k–$33M; Series A $2M–$142M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $10B in 2019

Portfolio highlights

  • ASUENE — Asuene involves in clean power retail business, retail SaaS business, etc.
  • Recompound — Recompound is a financial services startup that acts as a personal investment advisor for individuals to grow their stock market portfolios.
  • Testsigma — Powerful cloud-based test automation platform that lets you automate tests for web, mobile, desktop apps, and APIs in minutes. Sign up now!
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XA Network
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Payments startups

XA Network is a highly selective, invitation-only global community for senior technology executives, founders, and investors shaping the future.

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Investment focus

  • Industry: FinTech, Information Technology, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, Indonesia, United States

Investor stats

  • Total investments: 61
  • Round size: Seed $1.3M–$7.2M; Pre-Seed $681k–$2M; Series A $1.8M–$10M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Datakrew — Datakrew delivers real-time EV battery analytics and AI-powered fleet intelligence. Smarter, safer fleets start here. Explore our solutions.
  • Elita — Store your dog's stem cells with Elita. One-time opportunity to protect their future health and avoid costly surgeries later in life.
  • Mito Health — An AI-Powered medical team dedicated to optimising your health. Focusing on in-depth diagnostics and evidence-based strategies across 5 key pillars of nutrition, sleep, exercise, supplements and mental well-being.
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ACE & Company
VC Fund · Geneva, Geneve, Switzerland · 1 investments in Indonesia Payments startups

ACE & Company is a Geneva-based private equity and venture capital firm with more than $2.0 billion in assets under management and over 20 years of experience.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Switzerland, United Kingdom

Investor stats

  • Total investments: 186
  • Round size: Seed $1M–$6.4M; Series A $3.4M–$24M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Roofr — The complete sales toolbox for roofers. From roof measurement reports to project-winning proposals.
  • Vennre — Build wealth through vetted private market opportunities from $5k. GCC-first, globally accessible. Regulated, Sharia-compliant, digital-first.
  • DiPonio Contracting — DiPonio Contracting is an infrastructure maintenance and construction company. It offers new and replacement upgrades for aged and existing water, wastewater, and storm sewer systems.
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Amasia
VC Fund · Burlingame, California, United States · 1 investments in Indonesia Payments startups

Amasia is a thesis-driven, global venture capital firm currently focused on sustainability and climate. Using a nuanced framework designed around behavior change, we invest in founders with global ambitions, from the Seed to Series B stages, across the United States, Southeast Asia, India, Europe and Latin America. We facilitate their growth withaccess to global markets, global best practices, and global knowledge.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, Singapore, Indonesia

Investor stats

  • Total investments: 99
  • Round size: Seed $622k–$7.9M; Series A $5M–$12M; Series B $6.1M–$65M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2020

Portfolio highlights

  • Topanga.io — We enable businesses and institutions to launch and manage reusable packaging programs.
  • EvolutionIQ — EvolutionIQ is the leading insurance claims guidance platform, providing faster recoveries and smarter decisions for carriers
  • Hive Health — Hive Health is a digital platform that provides access to easy-to-use, affordable, and quality HMO plans for SMEs in the Philippines.
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Cakra Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Payments startups

Cakra Ventures is an independent venture capital and advisory firm.

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Investment focus

  • Industry: FinTech, Trading Platform, Food and Beverage
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mangkokku — Welcome to the home of no. 1 Rice Bowl in Indonesia! Bersih, Merakyat, Nikmat Nyata. A culinary startup founded by Chef Arnold Poernomo, Randy J Kartadinata, Kaesang Pangarep, and Gibran Rakabuming. See our menu, locations, promos, and more!
  • NOBI — Nobi provides a cryptocurrency investment platform designed with multiple product offerings for users worldwide. Its mission is to make it easy for people to own crypto and earn yields. The company was founded in 2017 and is headquartered in Jakarta Barat, Indonesia.
  • Djoeragan Food — Djoeragan Food is a producer of frozen ready-to-eat foods that carry authentic foods from Indonesia
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Modalku
VC Fund · Kebon, Jawa Timur, Indonesia · 1 investments in Indonesia Payments startups

Platform pinjaman dana usaha dan pendanaan dari Modalku untuk UMKM di Indonesia. Ajukan dana usaha tunai atau mulai danai UMKM sekarang.

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Investment focus

  • Industry: Financial Services, Banking, FinTech
  • Stage:Series A, Debt Financing, Corporate Round
  • Geography: Indonesia

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Paper.id — Atur tempo pembayaran bisnis serta kirim & terima pembayaran dengan kartu kredit, invoice juga langsung sah dengan e-Meterai. Coba Sekarang!
  • Bank Index — Bank Index provides working capital and investment loans by prioritizing the expansion of market share in the small and medium enterprises segment as well as establishing joint financing with financial institutions like rural banks and finance companies.Established in 1993, Bank Index’s physical footprint includes 42 branches and offices, 24 ofwhich are located in Jakarta while the rest are in major cities. Bank Index is majority owned by Setiawan family, a prominent Indonesian family, whose business interests range from financial services, sugar and flour refinery, and property.
  • Broom — Broom ID memberikan pelayanan terbaik untuk pengalaman Jual Beli Mobil Bekas Anda, banyak pilihan Variasi merek dan tipe Mobil Bekas yang berlimpah
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Plum Ventures
VC Fund · Changzhou, Zhejiang, China · 1 investments in Indonesia Payments startups

Plum Ventures is a venture capital company that aims to encourage young people to become entrepreneurs. It specializes ins providing seed and early-stage investments in the technology, new media, and telecommunications industry. The firm was founded in May 2014 and is based in Changzhou, China.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Software
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 193
  • Lead/follow: no public data

Portfolio highlights

  • Huimaiche — Huimaiche is a company that provides full-chain solutions for new retail in the automotive industry. It is an Internet-based high-tech company that combines online system development, brand management, full-brand automobile sales, aftermarket integration, and new retail in life.
  • HPY Sorting — HPY Sorting manufactures environmentally friendly, cost-cutting, efficient intelligent ore sorting machines. HPY Sorting focuses on applications of machine vision technology to improve and provide innovation in ore sorting.
  • MEDSINGLONG — MEDSINGLONG is engaged in the medical equipment supply chain business.
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Enjinstarter
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Payments startups

Web 3.0 Entertainment, Sports, Fashion, Metaverse, Social, Gamefi & Gamified Utility

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Investment focus

  • Industry: Blockchain, Gaming, Software
  • Stage:Seed, Initial Coin Offering
  • Geography: Canada, Turkey, Indonesia

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Edu3Labs — Edu3Labs combines education and blockchain technology to create a platform where content creators, learners, and NFE token holders can all benefit. Edu3Labs is a new and innovative way to make learning more engaging and rewarding for everyone.Also, Edu3Labs is a brand-new blockchain ecosystem aimed at the education sector, with the mission ofboth giving ownership and rewarding all parties in the ecosystem. The Edu3Labs ecosystem, which currently has an education and publishing-focused NFT marketplace and metaverse platform, is also planning to provide blockchain solutions to educational institutions.A short description of Edu3Labs; A new learning experience created by the integration of the online education sector and the blockchain technology.
  • AlterVerse — Discover AlterVerse, an immersive free-to-play game coming to the Epic Store. Explore endless possibilities in our boundless sandbox environment where survival skills are key. Join the adventure today!
  • Smobler Studios — Smobler Studios is a multimedia design agency headquartered in Singapore with offices in Canada, USA and Bhutan. We specialize in creative ideation, design thinking, storyboarding, 3D, graphic & technical design, animation, video production and metaverse development.
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Number Capital
VC Fund · 1 investments in Indonesia Payments startups

Number Capital is an investment firm.

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Investment focus

  • Industry: SaaS, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia, India

Investor stats

  • Total investments: 7
  • Round size: Seed $715k–$7.7M; Pre-Seed $500k–$5.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Proglix — Proglix is ​​a goods procurement platform for raw materials and finished industrial goods.
  • Fieldproxy — Fieldproxy is the best field service management software to automate your field teams. Click here to get a free trial
  • Fresh Factory — Fresh Factory runs a web of hyperlocal cold-chain fulfilment centers in Indonesia.
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Emtek Group
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Payments startups

Emtek, Elang Mahkota Teknologi

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Investment focus

  • Industry: E-Commerce, Internet, Apps
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Malaysia

Investor stats

  • Total investments: 28
  • Lead/follow: no public data

Portfolio highlights

  • AMILI — Asian Microbiome Library microbiome company and a stool bank serving as a hub for gut microbiome therapy.
  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
  • Mangkokku — Welcome to the home of no. 1 Rice Bowl in Indonesia! Bersih, Merakyat, Nikmat Nyata. A culinary startup founded by Chef Arnold Poernomo, Randy J Kartadinata, Kaesang Pangarep, and Gibran Rakabuming. See our menu, locations, promos, and more!
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Jianpu Technology
VC Fund · Beijing, Beijing, China · 1 investments in Indonesia Payments startups

Jianpu Technology Inc. is the independent open platform for discovery and recommendation of financial products in China, according to the iResearch Report*. By leveraging our deep data insights and proprietary technology, we provide users with personalized search results and recommendations that are tailored to each user’s particular financialneeds and credit profile. We also enable financial service providers with sales and marketing solutions to reach and serve their target customers more effectively through online and mobile channels, and enhance their competitiveness by providing them with tailored data, risk management and end-to-end solutions. We are committed to maintaining an independent open platform, which allows us to serve the needs of users and financial service providers impartially.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Corporate Round
  • Geography: Indonesia

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Cashcash — Cashcash is the largest financial intelligence platform in Indonesia. It can purchase various commodities like supermarkets. Here, you can choose financial products.
  • Quantum Trust — Quantum Trust provides custody and settlement services to institutional and high-net-worth clients across all major asset classes.
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ZhenFund
VC Fund · Beijing, Beijing, China · 1 investments in Indonesia Payments startups

ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 349
  • Lead/follow: no public data

Portfolio highlights

  • ChatCut — ChatCut lets you edit videos using natural language. Remove repeated takes, restructure content, and cut down for social media with simple prompts. Perfect for interviews and documentaries.
  • Yunwang Innovation — Yunwang Innovation is formed by marathon runners, rehabilitation therapist, industrial designers creating solutions for recovery.
  • Cornerstone Robotics — Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.
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Zero2IPO Ventures
VC Fund · Beijing, Beijing, China · 1 investments in Indonesia Payments startups

Zero2IPO Ventures is the venture investment arm under Zero2IPO Group targeted at high-potential, high-growth China enterprises. Leveraging Zero2IPO's vast network in China, Zero2IPO Ventures does not compete with other venture funds, but rather pursue a two-prong investment strategy, i.e. to co-invest with active venture capital firms ingrowth and late stage companies and to lead or co-lead in early stage startups in China. The industry focus includes Internet, mobile and wireless applications, digital media, healthcare, green-tech, consumable products and services, as well as other emerging sectors. We intend to leverage the extensive network that has been created by Zero2IPO Group, a leading venture capital and private equity market research and financial advisory company, to seek out potential investment opportunities and provide a strong value-add to our portfolio companies. Through its venture capital and private equity surveys, investment forums, training programs, and investment advisory services, Zero2IPO Group has developed a strong reputation in the China market for helping entrepreneurs connect with investors.

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Investment focus

  • Industry: E-Commerce, Internet, Education
  • Stage:Series A, Series B, Angel
  • Geography: China, India, Taiwan

Investor stats

  • Total investments: 82
  • Lead/follow: no public data

Portfolio highlights

  • AlpsenTek — AlpsenTek is a company engaged in the research and development of machine vision sensors and algorithms.
  • HanchorBio — HanchorBio is a Biotechnology Research firm that is working to revolutionize the treatment of people with cancer.
  • Reistone Biopharma — Reistone Biopharma is a clinical stage biopharmaceutical company. It is focused on rapidly developing innovative medicines through global collaborations within Research and Development
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Capikris Foundation
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Payments startups

This foundation supports causes that provide aid to alleviate suffering. In particular, we focus on action in philanthropy which helps address: 1. Aging in place 2. Allergies - raising awareness, education for service providers and providing solutions for sufferers 3. Aid for those in the path of adversity - providing emergency preparedness anddisaster prevention

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Biotechnology
  • Stage:Series C, Series A, Seed
  • Geography: Israel, Indonesia, Singapore

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Polymateria — Welcome to the Polymateria website. We are a British business, developing a new standard in biodegradable & compostable plastics, called Biotransformation.
  • Biofourmis — Biofourmis partners with risk-bearing organizations and life science companies to provide solutions that help expand the delivery of care to everyone, everywhere.
  • Envelop Risk — Envelop is a reinsurance firm, specialising in cyber and other emerging risks. Providing market-leading returns with our proprietary risk estimation and capital management system.
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Financial 360 Investment
VC Fund · 1 investments in Indonesia Payments startups

At 360 Financial is one of the world's best financial investment firm. We are dedicated to providing comprehensive Financial investment management and strategic wealth planning. Call us today.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Cashcash — Cashcash is the largest financial intelligence platform in Indonesia. It can purchase various commodities like supermarkets. Here, you can choose financial products.
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Battery Road Digital Holdings
VC Fund · Mumbai, Maharashtra, India · 1 investments in Indonesia Payments startups

Battery Road Digital Holdings is a venture capital and private equity firm that focuses on frontier and emerging markets.

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Investment focus

  • Industry: E-Commerce, Transportation, Payments
  • Stage:Seed, Series A
  • Geography: Singapore, Egypt, India

Investor stats

  • Total investments: 18
  • Lead/follow: no public data

Portfolio highlights

  • zypl.ai — We help financial institutions, government entities make more accurate decisions
  • AwanTunai — AwanTunai seek to reinforce Indonesian needs and productivity by providing digital loan for a better financial freedom and capability to micro-entrepreneurs
  • IMAN — One-stop shop for Halal investing
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DAAL
VC Fund · Al Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Indonesia Payments startups

The aim of Daal is to create excellent opportunities for investment by providing mentorship and business development insights to companies within the IT space.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Convertible Note
  • Geography: Tunisia, Egypt, United Arab Emirates

Investor stats

  • Total investments: 19
  • Lead/follow: no public data

Portfolio highlights

  • Pulppo — Pulppo is the first Tech Enabled broker for Latin America. We partner with the best brokers in the region and empower them with tools, technology and resources to create a simple and transparent buying process. Pulppo was founded by Agustin Iglesias, former GM of Inmuebles24 and founder of Tokko Broker (Acquired by Navent) and Matias Gath, formerGM of Glovo in Argentina and founder of Kadabra (acquired by Glovo).
  • Kamioun — Kamioun is a mobile platform that connects FMCG manufacturers to local retail shops by fast free delivery of inventory.
  • Paper.id — Atur tempo pembayaran bisnis serta kirim & terima pembayaran dengan kartu kredit, invoice juga langsung sah dengan e-Meterai. Coba Sekarang!
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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Payments startups

Init 6 is an early-stage startup fund that looks for technical founders with a passion to solve big problems. They understand their challenges and they are not afraid of helping them. The firm was founded in 2020 by co-founders Achmad Zaky and Nugroho Herucahyono (Xinuc) after leaving the company Bukalapak.

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Investment focus

  • Industry: Financial Services, Information Technology, E-Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Pakistan, Singapore

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

Portfolio highlights

  • Gently — Gently adalah brand personal care bayi dan anak yang mengedepankan khasiat dan formula yang lembut
  • Qiscus — Qiscus provides an Omnichannel Marketing, Sales and Support Platform for Customer Engagement. A complete solution for Omnichannel, CRM, ChatBot and other software. We are Official Partner for WhatsApp Business API.
  • Setoko — Setoko provides Online Ordering Platform for Local Businesses & Brands
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Openspace Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Payments startups

Openspace Ventures is a leading venture capital firm finding and backing Southeast Asian companies creating a transformative impact where tech meets life.

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Investment focus

  • Industry: E-Commerce, Financial Services, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: Singapore, Indonesia, Philippines

Investor stats

  • Total investments: 119
  • Lead/follow: no public data

Portfolio highlights

  • Every Half Coffee Roasters — Roasting & Brewing finest quality of specialty coffee bean from Vietnam and the world. We believe that every half bean has its soulmate. Let's find yours
  • Jiwa Group — PT Luna Boga Narayan
  • Octopus — Octopus.co.id adalah portal berita dan informasi terbaru yang memiliki visi untuk memberikan informasi yang akurat, terkini, dan bermanfaat.
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Future Shape
VC Fund · Paris, Ile-de-France, France · 1 investments in Indonesia Payments startups

Out of the lab and into our lives.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Series B, Series A, Series C
  • Geography: United States, Indonesia, France

Investor stats

  • Total investments: 32
  • Lead/follow: no public data

Portfolio highlights

  • Lumafield — Lumafield's easy-to-use CT scanner and cloud-based software give engineers the ability to see their work clearly, inside and out.
  • Edda — Software Suite for Venture Capital, Corporate Venture Private Equity, Family Offices & Investment Bank Manage your dealflow, support your portfolio companies, track your performances in real-time and raise your next fund with edda.
  • Ambient Photonics — Ambient's low-light solar PV cells harness power from ambient light, eliminating batteries & reducing connected IoT device carbon footprints.
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Cyber Creation Ventures (CCV)
VC Fund · Beijing, Beijing, China · 1 investments in Indonesia Payments startups

China Creation Ventures (CCV) was founded by the former KPCB China Managing Partner, Wei Zhou, and his TMT investment team of many years in KPCB China. With the majority of members from KPCB China, CCV has developed deep domain expertise and insight in the TMT industry. The companies they invested at early stage include JD.com (NASDAQ:JD),CreditEase (NYSE:YRD), Rong360 (NYSE:JT), ID5.com, Himalaya FM, Tan Tan Mobile Social (acquired by Momo, NASDAQ: MOMO), VenusTech (SZ:002439), Manzuo.com (acquired by SuNing), Miaopai Mobile Video (Yixia.com), ULUCU (NEEQ:837110), Miaozhen Systems, Asia Innovation Group, Meican.com, Scinor Water (acquired by TRCE:300332), KJY Water (NEEQ:835159), Arrail Dental, etc. Many of the CCV’s portfolio have seen significant business growth and closed a new round of financing, including JD Digit, Wanka Online (HKSE:1762), Perfect Corp, Perfect, Ice Kredit, Zuzuche, Veer VR, Menya, Bizvane, Joyrun, Cowa Robot, Lomotif, Dingdong Class, Shukun Technology, Yunhu Health, etc.

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Software
  • Stage:Series A, Series B, Seed
  • Geography: China, Taiwan, Nigeria

Investor stats

  • Total investments: 72
  • Lead/follow: no public data

Portfolio highlights

  • Elu.AI — Elu.AI specializes in the design, manufacture, and deployment of intelligent robots and AI agent solutions.
  • Green Voltis — Green Voltis is an AI-powered virtual power plant aggregation operator. It offers intelligent, efficient, and flexible trading and operation solutions for power market participants such as energy storage and other new energy asset holders, industrial and commercial customers, and power sales agents using AI native technology for electricity spottrading and participation in grid ancillary services.
  • WeZhi Airlines — WeZhi Aviation focuses on medium and large general unmanned transport aircraft , and the company aspires to be a global provider of intelligent aviation-related technological goods and services.
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01vc
VC Fund · Shanghai, Shanghai, China · 1 investments in Indonesia Payments startups, 7 in the past 12 months

01vc is a venture capital firm focused on making early-stage investments in mobile internet and marketplace startups such as trading platforms, enterprise service, SaaS, logistics, mobile internet-related finance, e-commerce, and B2B. The firm also invests in the Southeast Asia market. 01vc was established in 2014 and is based in Shanghai, China.

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Investment focus

  • Industry: E-Commerce, Information Technology, Logistics
  • Stage:Series A, Seed, Angel
  • Geography: China, Hong Kong, Indonesia

Investor stats

  • Total investments: 62
  • Lead/follow: no public data

Portfolio highlights

  • RoboScience — RoboScience is a developer of embodied intelligence technology, focusing on the research and development of Cross Embodiment AI.
  • Starlink Future — Starlink Future is a company that brings breakthrough smart wearable technologies to the pet industry, redefining truly intelligent pet hardware solutions, and developing a holistic scientific pet-raising solution that combines hardware, data, and ecology.
  • Skyland Innovation — Skyland Innovation is an intelligent hardware company specializing in spatial intelligence, focusing on comprehensive capabilities from spatial perception, positioning and mapping to intelligent control.
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PT Buckingham Holdings
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Payments startups

PT Buckingham Holdings is an investment firm.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Non-Fungible Token (NFT)
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • SnowSeed — Connecting real assets with NFT utility
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Spiral Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Payments startups

Our former entity “IMJ Investment Partners” was established in 2012 by IMJ Corporation (“IMJ”), a major digital marketing company, as an independent venture capital subsidiary in Japan. After IMJ was acquired by Culture Convenience Club (“CCC”) in 2013, we continued our investment activities independently, and eventually relocated our office toSingapore to change our strategy and start a venture capital fund for the Southeast Asia market. In 2015, we established the Japan office and started a venture capital fund for the Japanese market.In tandem with the expansion of our business, we left the CCC Group, changed our name to “Spiral Ventures” in 2017, and made a fresh start as an independent venture capital firm.taken from https://spiral-ventures.com/en/group-info/

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Investment focus

  • Industry: E-Commerce, Internet, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 99
  • Lead/follow: no public data

Portfolio highlights

  • Fragaria — Discover innovative farming practices and high-quality, year-round fruits in India with Fragaria's advanced agricultural technology.
  • VeXeRe.Com — Founded in 2013, VeXeRe.com is the largest online bus ticket platform in Vietnam. They help passengers book bus tickets conveniently thanks to their 1,000+ bus companies network and coverage for trips within Vietnam and from Vietnam to neighbor countries. Their payment channels include online payment, payment at 24/7 convenience stores, banktransfers, and other channels that provide customers with convenient booking experience.
  • Instapay Technologies — Instapay is the only e-wallet in Malaysia to offer a corporate portal. It enables you to self-manage the salary payment process with greater visibility. It serves to streamline payroll processing within organizations while promoting finances.
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Payments VC funding in Indonesia at a glance

Stats across 77 deals from 125 investors.

125
investors
in Indonesia Payments startups
77
deals
in Indonesia Payments startups
$45M
median round
in Indonesia Payments startups
42%
lead investors
lead at least one round
17%
Series A
most common funding stage

Access all 125 VC funds in Indonesia Payments startups.

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