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Founded Year

2016

Stage

Series B - IV | Alive

Total Raised

$47.85M

Last Raised

$13M | 1 yr ago

About Ayoconnect

Ayoconnect enables developers to connect on its application programming interface (API) to develop financial services. Its offerings include recurring payment management (RPM), digital products, virtual card numbers (VCN), income verification, bank statements, and e-wallet disbursement. Ayoconnect was formerly known as Ayopop. The company was founded in 2016 and is based in Jakarta Selatan, Indonesia.

Headquarters Location

Graha Binakarsa, Jl. HR Rasuna Said Kav. C-18, Karet Kuningan, Setiabudi

Jakarta Selatan, 12940,

Indonesia

+622140011091

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Ayoconnect's Products & Differentiators

    Open Banking

    Access to customers bank transaction data, account balance, assets and liabilities. Requires consumer consent.

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Expert Collections containing Ayoconnect

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Ayoconnect is included in 3 Expert Collections, including Payments.

P

Payments

2,978 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

F

Fintech

12,418 items

Excludes US-based companies

D

Digital Banking

97 items

The open banking ecosystem is facilitated by three main categories of startups including those focused on banking-as-a-service, core banking, and open banking startups (i.e. data aggregators, 3rd party providers). These are primarily B2B companies, though some are also B2C.

Latest Ayoconnect News

Ecosystem Roundup: Modalku, Bukalapak lay off staff; Endowus raises US$35M; SoftBank’s Vision Funds make a recovery

Aug 11, 2023

Dear Pro member, Amid a global market slowdown, Indonesian firms Modalku and Bukalapak have followed Qoala and Ayoconnect in reducing their workforce within a short two-week span. This trend is largely attributed to the ongoing repercussions of the global financial crisis. The job cuts underscore the prevailing challenges faced by Indonesian businesses, prompting a series […] The post Ecosystem Roundup: Modalku, Bukalapak lay off staff; Endowus raises US$35M; SoftBank’s Vision Funds make a recovery appeared first on e27.

Ayoconnect Frequently Asked Questions (FAQ)

  • When was Ayoconnect founded?

    Ayoconnect was founded in 2016.

  • Where is Ayoconnect's headquarters?

    Ayoconnect's headquarters is located at Graha Binakarsa, Jl. HR Rasuna Said Kav. C-18, Karet Kuningan, Setiabudi, Jakarta Selatan.

  • What is Ayoconnect's latest funding round?

    Ayoconnect's latest funding round is Series B - IV.

  • How much did Ayoconnect raise?

    Ayoconnect raised a total of $47.85M.

  • Who are the investors of Ayoconnect?

    Investors of Ayoconnect include CE Innovation Capital, SIG Venture Capital, PayU, Tiger Global Management, FinTech Innovation Lab and 17 more.

  • Who are Ayoconnect's competitors?

    Competitors of Ayoconnect include Finantier and 3 more.

  • What products does Ayoconnect offer?

    Ayoconnect's products include Open Banking and 4 more.

  • Who are Ayoconnect's customers?

    Customers of Ayoconnect include Bank Mandiri, Bank BRI and 3 more.

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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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Compare Ayoconnect to Competitors

B
Brick

Brick develops a unifying application programming interface (API) layer. It offers to connect banks to financial service applications and financial technologies. It empowers the next generation of fintech companies with the Open Finance API technology infrastructure that is easy to integrate, cost-effective, and inclusive. It was founded in 2020 and is based in Jakarta, Indonesia.

Finantier Logo
Finantier

Finantier provides an open finance platform. It collects datasets from various banks and financial companies and passes them to other companies through an application programming interface (API). The company offers account aggregation, verification, credit score, and more. It was founded in 2020 and is based in South Jakarta, Indonesia.

Brankas Logo
Brankas

Brankas operates as a financial technology company. It provides financial software and solutions, large-scaling payment, transaction, and cash management. The company was founded in 2016 and is based in Singapore, Singapore.

B
Brankas

Brankas is an open-finance technology company. It provides application programming interface (API) based solutions, data, and payments solutions for financial service providers such as banks, lenders, and e-wallets, as well as online businesses. The company was founded in 2016 and is based in Central Singapore, Singapore.

F
Finverse

Finverse develops data infrastructure (APIs) for open banking. The company enables consumers and businesses to access financial data, by providing open banking API solutions, linking their bank, payment, credit card, and investment accounts, so that they can access their financial data anywhere. It was founded in 2020 and is based in Sheung Wan, Hong Kong.

Plaid Logo
Plaid

Plaid offers a financial technology data network programming platform. It develops infrastructure intelligence tools to create financial products and helps to connect with users' bank accounts. The company offers services including personal finances, lending, wealth, open finance, consumer payments, digital banking, business finances, and more. It was founded in 2013 and is based in San Francisco, California.

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