Ayoconnect logo — Empowering Financial Integration Across Southeast Asia with...

Ayoconnect

Empowering Financial Integration Across Southeast Asia with a Robust API Ecosystem

Founded 2016 201-500 employees Venture round Total: $45.50M API, B2B +4

General Information

Company Name Ayoconnect
Founded Year 2016
Employees 201-500
Industries API, B2B, Enterprise Software +3
Funding Stage Venture round
Social

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About Ayoconnect

Ayoconnect is a leading financial API platform in Southeast Asia, offering a diverse range of white-label financial products through its API platform for rapid deployment to end-users. The company has gained significant traction since its establishment in 2016, with over 200 companies, including banks, retailers, e-commerce, fintech, and e-wallets such as Bank BRI, Bank Mandiri, DANA, Indomaret, Bukalapak, Home Credit, and Pegadaian, trusting its services. Ayoconnect connects more than 1,000 institutions through its extensive API network and processes over 300 million API hits annually, demonstrating its significant market reach and usage. The company has successfully raised a total of US$15 million in funding from prestigious local and international investors, including Mandiri Capital Indonesia, BRI Ventures, AC Ventures, Patamar Capital, Kakaku, and Finch Capital. These backers, including prominent entities such as Mandiri Capital, underline the confidence and support for Ayoconnect's business model and growth potential. Ayoconnect's recent $2.50M Venture Round investment on 22 January 2024 led by Mandiri Capital is a testament to its continued momentum and investor interest. With a focus on enhancing financial inclusion and the adoption of embedded finance, Ayoconnect is strategically positioned to drive impactful change across Southeast Asia's financial landscape. As a leading player in the B2B, enterprise software, financial services, fintech, and internet industries, Ayoconnect is well-positioned to shape the future of financial integration in the region.

Business keywords: financial API platform, API ecosystem, embedded finance, banking integration, white-label financial products, Southeast Asia, banking institutions, investment, API network, financial inclusion, startup funding, digital infrastructure, rapid deployment

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $2.50M 1
Mandiri Capital
22 Jan 2024
Series B $13.00M 3
Susquehanna International Group (SIG), PayU GPO +1
13 Oct 2022
Series B $15.00M 2
Alto Partners, AltoPartners
27 Jan 2022
Series B $5.00M 5
Patamar Capital, Mandiri Capital +3
01 Sep 2021
Series B $5.00M 8
Finch Capital, Patamar Capital +6
05 Aug 2020
Series A $4.00M 3
Convergence Ventures, Finch Capital +1
28 Nov 2017
Seed Round $1.00M 3
STRIVE, Miten Sampat +1
03 Apr 2017
Pre Seed Round Undisclosed 1
peercheque
13 Aug 2016

Ayoconnect Alternatives & Competitors

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FAQ About Ayoconnect

Empowering Financial Integration Across Southeast Asia with a Robust API Ecosystem
Ayoconnect was founded in 2016.
Ayoconnect operates in API, B2B, Enterprise Software, Financial Services, Fintech and Internet. Its work centres on financial API platform, API ecosystem, embedded finance and banking integration.
Ayoconnect has approximately 201-500 employees.
Ayoconnect has completed 8 funding rounds, raising a total of $45.50M. The latest funding stage is Venture round.
Top alternatives and competitors to Ayoconnect include Funding Societies Singapore, Productfy, Funding Societies Malaysia, Oriente, EMQ Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ayoconnect and Funding Societies Singapore are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Ayoconnect, https://bouncewatch.com/company/ayoconnect, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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