Indonesia’s tech and fintech ecosystem continues to accelerate. Waterhub secured seed funding to scale its clean water innovation, while Flip and Bank Aladin Syariah launched an LPS-guaranteed sharia savings account. SeaBank posted annual profit increase, but challenges persist as scam losses surged in 2025. At the same time, Danantara starts executing strategic investments, and Komdigi’s sends out ultimatum to Roblox.
Looking ahead, QRIS remains the backbone of Indonesia’s payment system, now reaching 57M users in 2025. Cross-border corridors with Malaysia, Thailand, and Singapore contributed significantly to QRIS’s growth, while expansion to Japan is already live, with China, Saudi Arabia, and South Korea on the horizon. These developments reinforce QRIS as a model for regional payment integration, boosting both inbound tourism and outbound digital commerce.
Indonesia’s sovereign-linked Danantara realized Rp 179.05T (~USD 11B) in investments in H1 2025, channeling funds into infrastructure, sustainability, and the digital economy. The capital deployment underscores the state’s growing role as both investor and market shaper in key strategic sectors. Read more
Waterhub raises seed funding 💧 Indonesian water-tech startup Waterhub has secured seed investment from Archipelago VC and The Radical Fund. The fresh capital underscores growing investor appetite in climate-tech solutions, with Waterhub positioned to scale innovations that tackle Indonesia’s chronic water access and sustainability challenges—an area with strong regulatory backing and rising demand from both urban and rural markets. Read more
Flip x Bank Aladin launch sharia savings 🏦 Payment platform Flip and Bank Aladin Syariah have rolled out Super Flip Tabungan Syariah, a sharia-compliant savings account guaranteed by LPS (Indonesia Deposit Insurance Corporation). Beyond expanding Flip’s embedded finance play, the partnership highlights how neobanks are leveraging collaboration to build trust and extend financial inclusion in Indonesia’s large Muslim population—one of the world’s fastest-growing Islamic finance markets. Read more
SeaBank profit up 18% 📈 Sea Group’s SeaBank Indonesia posted IDR 214B (~USD 13M) profit in H1 2025, an 18% increase YoY. The results reflect successful monetization of its ecosystem (Shopee, Garena) while sustaining operational efficiency, proving that digital banks in Indonesia are not just scaling user numbers but also delivering profitability in an increasingly competitive neobank landscape. Read more
Rising scam losses ⚠️ Public losses from scams in Indonesia reached Rp 4.6T (~USD 280M) in 2025, raising concerns about consumer protection in the digital era. This highlights a dual challenge: scaling financial access while safeguarding trust. Expect tighter oversight and collaboration between fintech players and regulators in fraud prevention. Read more
Komdigi vs Roblox regulation 🎮 Indonesia’s Kominfo Digital (Komdigi) has given Roblox two compliance requirements to avoid a ban, signaling rising scrutiny on global platforms. The case illustrates Indonesia’s tightening stance on content regulation, user safety, and data governance—issues with far-reaching implications for international platforms seeking to operate in the country. Read more
What’s Exciting
Nusatrip IPO on Nasdaq ✈️ Travel platform Nusatrip successfully listed on Nasdaq, making it one of the few Indonesian startups to go public on an international exchange. The IPO signals strong confidence in post-pandemic travel-tech growth and opens the door for more Southeast Asian startups to pursue U.S. listings as a pathway to global visibility and capital access. Read more
📌 TOPINDIATOURS Hot startup: Waterhub seed funding 💧, SeaBank profit up 📈, DigiAsi
Dear Subscriber,
Indonesia’s tech and fintech ecosystem continues to accelerate. Waterhub secured seed funding to scale its clean water innovation, while Flip and Bank Aladin Syariah launched an LPS-guaranteed sharia savings account. SeaBank posted annual profit increase, but challenges persist as scam losses surged in 2025. At the same time, Danantara starts executing strategic investments, and Komdigi’s sends out ultimatum to Roblox.
Looking ahead, QRIS remains the backbone of Indonesia’s payment system, now reaching 57M users in 2025. Cross-border corridors with Malaysia, Thailand, and Singapore contributed significantly to QRIS’s growth, while expansion to Japan is already live, with China, Saudi Arabia, and South Korea on the horizon. These developments reinforce QRIS as a model for regional payment integration, boosting both inbound tourism and outbound digital commerce.
Indonesia’s sovereign-linked Danantara realized Rp 179.05T (~USD 11B) in investments in H1 2025, channeling funds into infrastructure, sustainability, and the digital economy. The capital deployment underscores the state’s growing role as both investor and market shaper in key strategic sectors. Read more
Waterhub raises seed funding 💧 Indonesian water-tech startup Waterhub has secured seed investment from Archipelago VC and The Radical Fund. The fresh capital underscores growing investor appetite in climate-tech solutions, with Waterhub positioned to scale innovations that tackle Indonesia’s chronic water access and sustainability challenges—an area with strong regulatory backing and rising demand from both urban and rural markets. Read more
Flip x Bank Aladin launch sharia savings 🏦 Payment platform Flip and Bank Aladin Syariah have rolled out Super Flip Tabungan Syariah, a sharia-compliant savings account guaranteed by LPS (Indonesia Deposit Insurance Corporation). Beyond expanding Flip’s embedded finance play, the partnership highlights how neobanks are leveraging collaboration to build trust and extend financial inclusion in Indonesia’s large Muslim population—one of the world’s fastest-growing Islamic finance markets. Read more
SeaBank profit up 18% 📈 Sea Group’s SeaBank Indonesia posted IDR 214B (~USD 13M) profit in H1 2025, an 18% increase YoY. The results reflect successful monetization of its ecosystem (Shopee, Garena) while sustaining operational efficiency, proving that digital banks in Indonesia are not just scaling user numbers but also delivering profitability in an increasingly competitive neobank landscape. Read more
Rising scam losses ⚠️ Public losses from scams in Indonesia reached Rp 4.6T (~USD 280M) in 2025, raising concerns about consumer protection in the digital era. This highlights a dual challenge: scaling financial access while safeguarding trust. Expect tighter oversight and collaboration between fintech players and regulators in fraud prevention. Read more
Komdigi vs Roblox regulation 🎮 Indonesia’s Kominfo Digital (Komdigi) has given Roblox two compliance requirements to avoid a ban, signaling rising scrutiny on global platforms. The case illustrates Indonesia’s tightening stance on content regulation, user safety, and data governance—issues with far-reaching implications for international platforms seeking to operate in the country. Read more
What’s Exciting
Nusatrip IPO on Nasdaq ✈️ Travel platform Nusatrip successfully listed on Nasdaq, making it one of the few Indonesian startups to go public on an international exchange. The IPO signals strong confidence in post-pandemic travel-tech growth and opens the door for more Southeast Asian startups to pursue U.S. listings as a pathway to global visibility and capital access. Read more
