Indonesia

Grab Holdings Limited will consolidate PT Super Bank Indonesia Tbk (Superbank) after GXS Bank, its digital banking subsidiary jointly owned with Singapore's Singtel, receives a shareholding transfer from Singtel Alpha Investments.

VinFast, the electric vehicle maker under Vietnam’s conglomerate Vingroup, has launched an early booking program in Indonesia for three battery-swapping electric motorcycle models — the VinFast Evo, VinFast Feliz II, and VinFast Viper.

Indonesia-based investment platform Pluang has raised $10 million in funding while launching Indonesian equities on its app, as the company expands its position in the country’s growing retail investment market.

Indonesia’s buy now pay later (BNPL) firm Kredivo has acquired nearly 100 percent of Timo Digital Bank, a Vietnamese digital banking platform developed in cooperation with Vietnamese major lender BVBank.

Under the guidance of Bank Indonesia and the People’s Bank of China, Indonesia and China have launched a cross-border QR payment linkage connecting Indonesia’s QRIS payment system with Chinese payment platforms through Alipay+ and UnionPay International.

Princeton Digital Group said it has secured approximately $856 million in financing to support the development of its 120-MW JC3 data center campus in Indonesia

TipTip, an Indonesia-based technology company operating in the entertainment and experiences sector, has reached company-wide EBITDA profitability in early 2026, marking a key milestone in its development toward a more sustainable and capital-efficient business model.

Recompound, an Indonesia-based investment advisory startup, has introduced a performance-based fee model for retail investors, adopting a structure more commonly used in institutional investing.

Indonesian tech giant GoTo Group, known for Gojek and Tokopedia, reported a net profit of Rp171 billion for the first quarter of 2026, alongside a 63% year-on-year increase in gross transaction value (GTV) to Rp236 trillion, marking a turnaround($12.7 million) from a net loss of Rp367 billion a year earlier.

Indonesia-based Baskit, a technology and financial services platform focused on digitizing offline distribution networks in Southeast Asia, has secured $4.4 million in a Series A funding round.