Ayoconnect

Financial ServicesSeries BJakarta, Indonesiaayoconnect.id

Latest round

Series B

Last raised

Dec 2022

Total raised

$47M

Investors

15

About Ayoconnect

Founded in 2016 in Jakarta, Indonesia, Ayoconnect specializes in providing API solutions for payment processing.5 mn from Mandiri Capital Indonesia.Ayoconnect is a leading provider of comprehensive payment and banking solutions in Indonesia, focusing on revolutionizing financial services through innovative API solutions. The company's core offerings include recurring payment systems, digital product payment options (PPOB), embedded lifestyle solutions, virtual cards, instant transfer services, and autobilling features. These products are designed to meet the growing demands of businesses looking for efficient, secure, and scalable payment solutions.Ayoconnect generates revenue primarily through transaction fees associated with its payment processing services and subscription models linked to its API offerings. The company engages in partnerships with businesses to facilitate recurring payments and digital transactions, creating a robust B2B service framework. Specific pricing plans for services include charges for transaction volumes processed through its platform and monthly subscription fees for access to premium features.

Who invested in Ayoconnect

15 investors across 6 rounds

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Funding rounds

  1. Series B

    Dec 19, 2022

    Amount

    $17M

    Investors

    Locked

  2. Series B

    Jan 25, 2022

    Amount

    $15M

    Investors

    Locked

  3. Series A

    Jul 29, 2021

    Amount

    $9.2M

    Investors

    Locked

  4. Series A

    Jan 29, 2018

    Amount

    $4.7M

    Investors

    Locked

  5. Seed

    Apr 13, 2017

    Amount

    $0.9M

    Investors

    Locked

  6. Angel

    Jun 1, 2016

    Amount

    Undisclosed

    Investors

    Locked

Questions about Ayoconnect

Who invested in Ayoconnect?

Ayoconnect has 15 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ayoconnect raised?

Ayoconnect has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Ayoconnect last raise money?

Ayoconnect's most recent round on record is a Series B, in Dec 2022.

What does Ayoconnect do?

Founded in 2016 in Jakarta, Indonesia, Ayoconnect specializes in providing API solutions for payment processing.

Where is Ayoconnect headquartered?

Ayoconnect is headquartered in Jakarta, Indonesia.

Which VCs invest in companies like Ayoconnect?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Ayoconnect's stage. Their profiles are linked below.

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