Ayoconnect

Ayoconnect

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Organization

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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

Industries

Enterprise Software, Internet, Financial Services, FinTech, Developer APIs, B2B, Billing

Founded

2016

Employees

101-250

Headquarters locations

Jakarta, Jakarta Raya, Indonesia, Asia

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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.

Employees

imagePlace Jakob Rost

Jakob Rost

CEO & Founder

imagePlace Alex Jatra

Alex Jatra

CFO

Funding Rounds

Funding rounds

8

Investors

3

Lead Investors

0

Total Funding Amount

$45.5M

Details

7

Ayoconnect has raised a total of $45.5M in funding over 7 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2022Early Stage Venture15.0M
2022Early Stage Venture13.0M
2016Seed
2017Seed1.0M

Investors

Ayoconnect is funded by 38 investors.

Investor NameLead InvestorFunding RoundPartners
STRIVE-FUNDING ROUND - STRIVE1.0M
Aakrit Vaish-FUNDING ROUND - Aakrit Vaish1.0M
Ayoconnect-FUNDING ROUND - Ayoconnect1.0M
Miten Sampat-FUNDING ROUND - Miten Sampat1.0M