Ayoconnect Raises Funding to Scale Financial APIs Across Indonesia
Ayoconnect, a Jakarta-based fintech infrastructure company, announced a new funding round led by Finch Capital in late September 2025. The company provides financial APIs that enable Indonesian enterprises to embed financial services such as payments, lending, and insurance into their platforms. The specific funding amount was not disclosed, but the investment is intended to support Ayoconnect's push toward profitability.
As one of Indonesia's leading BaaS-adjacent API providers, Ayoconnect serves as a critical middleware layer connecting banks and enterprises in Southeast Asia's largest economy. The deal reflects continued investor interest in financial API platforms operating in high-growth emerging markets. Finch Capital, a European fintech-focused VC, has been active in backing infrastructure plays across APAC.
The raise positions Ayoconnect to deepen enterprise penetration and expand its product suite across the Indonesian market.
- Validates financial API infrastructure as a bankable category in Southeast Asian markets
- Signals growing maturity of embedded finance in Indonesia with investor focus shifting to profitability