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Overview
Ayoconnect is Southeast Asia’s largest financial API platform. It enables developers to choose from a wide range of white-label financial 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 its clients to monetize and expand their business quickly and effectively.
Founded in 2016, Ayoconnect’s API stack has seen rapid adoption. More than 200 companies trust it as clients, including leading banks, retailers, e-commerce, fintech, 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 Southeast Asia.
About
Enterprise Software, Internet, Financial Services, FinTech, Developer APIs, B2B, Billing
2016
101-250
Headquarters locations
Jakarta, Jakarta Raya, Indonesia, Asia
Social
Profile Resume
Ayoconnect headquartered in Asia, operates in the Enterprise Software, Internet, Financial Services, FinTech, Developer APIs, B2B, Billing sector. The company focuses on Enterprise Software and has secured $10.2B in funding across 224 round(s). With a team of 101-250 employees, Ayoconnect is actively contributing to advancements in Enterprise Software. Their latest funding round, Seed Round - Ayoconnect, raised $1.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
8
3
0
$45.5M
Details
7
Ayoconnect has raised a total of $45.5M in funding over 7 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2022 | Early Stage Venture | 15.0M | ||
2022 | Early Stage Venture | 13.0M | ||
2016 | Seed | |||
2017 | Seed | 1.0M |
Investors
Ayoconnect is funded by 38 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
STRIVE | - | FUNDING ROUND - STRIVE | 1.0M |
Aakrit Vaish | - | FUNDING ROUND - Aakrit Vaish | 1.0M |
Ayoconnect | - | FUNDING ROUND - Ayoconnect | 1.0M |
Miten Sampat | - | FUNDING ROUND - Miten Sampat | 1.0M |
Recent Activity
News
Aug 12, 2024
Paypers - PT Wibmo Services Indonesia partners with Ayoconnect
News
Jan 22, 2024
Dailysocial - MCI Dikabarkan Kembali Berikan Pendanaan ke Ayoconnect
Funding Round
Jan 22, 2024
Ayoconnect raised $2500000 on 2024-01-22 in Venture Round
Funding Round
Oct 13, 2022
Ayoconnect raised $13000000 on 2022-10-13 in Series B
Funding Round
Jan 27, 2022
Ayoconnect raised $15000000 on 2022-01-27 in Series B
Funding Round
Sep 01, 2021
Ayoconnect raised $5000000 on 2021-09-01 in Series B