What happened
Ajaib has raised US$270 million, marking the largest technology funding round in Indonesia since 2022.
The Jakarta-based company was founded on the idea that young Indonesians would invest if opening a brokerage account felt as simple as downloading an app.
Seven years on, Ajaib has grown into one of Indonesia's biggest consumer fintech platforms, offering local equities, US stocks, crypto, payments, savings, and stablecoin infrastructure.
Why it matters
This landmark funding round signals strong investor confidence in Indonesia's digital economy and its consumer fintech sector.
It validates Ajaib's early bet on young retail investors and its evolution from a brokerage app into a broad financial services ecosystem.
Key facts
Ajaib raised US$270 million.
This is Indonesia's biggest tech funding round since 2022.
Ajaib is based in Jakarta.
The company's platform covers local equities, US stocks, crypto, payments, savings, and stablecoin infrastructure.
What to watch next
How Ajaib allocates the fresh capital to expand its platform and user base.
Whether this funding round signals a broader rebound in large-scale tech investments across Indonesia.