About OY!
OY! is a company based in Jakarta (Indonesia) founded in 2017. OY! has raised $90 million across 4 funding rounds from investors including Alfamart, Wavemaker Partners and Orion Advisor Solutions. OY! offers products and services including Send Money, Receive Money, Expense Management, and Cash Management. OY! operates in a competitive market with competitors including Stripe, Flutterwave, Xendit, PayU and ACI Worldwide, among others.
- Total Equity Funding$90M (USD)
in 4 rounds
- Latest Funding Round$15M (USD), Series A
Aug 2025
- InvestorsAlfamart
& 8 more
Products & Services of OY!
OY! offers a comprehensive portfolio of products and services, including Send Money, Receive Money, Expense Management, and Cash Management.
Enables bulk disbursements to banks and e-wallets for efficient payments
Facilitates incoming transactions via dashboard for monitoring
Controls company expenses with real-time corporate card tracking
Offers automated cash deposit and reconciliation services
Apps and channels of OY!
its YouTube channel OY! Indonesia has 28.3K subscribers and 30 videos.
Videos from OY!
The most watched videos on OY!'s YouTube channel, OY! Indonesia (28.3K subscribers). Click a video to play it here.
More on OY! Indonesia.
Funding Insights of OY!
OY! has successfully raised a total of $90M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $90M
- Total Rounds 4
- Last Round Series A — $15M
- Investors Count 9
All 4 funding rounds of OY! with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2025 | $15M | Series A | – | – | – |
| Sep 2021 | $30M | Series A | – | SBVA | |
| Jul 2021 | $45M | Series A | $108M | MDI Ventures, SBVA | |
| Sep 2017 | – | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2021 | $108M | •••••••• |
Last known valuation $108M (Jul 2021). 9 investors in total: 9 institutional.
Investors in OY!
OY! has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Alfamart, Wavemaker Partners and Orion Advisor Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate-backed venture capital is directed toward fintech and cloud sectors. | – | mdi.vc | Jakarta, Indonesia | |
Growth-stage companies are invested in by this venture capital fund. | – | pavilioncapital.com | New York, United States | |
Tech-enabled businesses across Southeast Asia are supported by ACV Capital. | – | acv.vc | Jakarta, Indonesia | |
Indonesian early-stage tech firms are funded by Central Capital Ventura. | – | centralcapital.vc | Jakarta, Indonesia | |
Venture capital firm focused on pre-seed to series B stage companies | – | saisoncapital.com | Singapore, Singapore | |
Investments in early-stage technology companies are made by Wavemaker Partners. | 2003 | wavemaker.vc | Los Angeles, United States | |
Early-stage venture capital arm of SoftBank Group | – | sbvacorp.com | Seoul, South Korea | |
Wealth technology solutions are provided for financial advisors. | 1998 | orion.com | Omaha, United States | |
Consumer goods are wholesaled by Alfamart in Indonesia. | 1989 | alfamart.co.id | Tangerang, Indonesia |
Investor details for OY!
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of OY!
62 people are tracked at OY! (12 in leadership, 50 in team).
| Name | Role | Group |
|---|---|---|
Patrick Abednego Jaya Bangun | Head Of Account Management (temporary) | Leadership |
Jesayas Ferdinandus | Founder & CEO | Leadership |
Herman Adrian | Chief Financial Officer | Leadership |
Jefri Wijaya | Head of finance, accounting and taxation | Leadership |
Syamsul Siam | Head of Procurement | Leadership |
Jan Kristanto | Founder/CRO at OY! Indonesia | Leadership |
Edwin Salim | Head Of Accounting And Tax | Leadership |
Vicka Yunita Tjhin | Head of POPS | Leadership |
Olivia M. | Head Of Partnership | Leadership |
Martinus Aldryan Gunawan | Vice President Of Business Development & Partnership | Leadership |
Bimo Herpanjiadi | Vice President Operations | Leadership |
Philipus Paramarta | Head of Internal Project & Business Process Management | Leadership |
Maulida Intan Noor Aini | Accounting Lead | Team |
Faroh Habibah | Senior Finance & Accounting (ap & Ar) | Team |
Nava Pangestika | Supervisor Business Operations Online Channel | Team |
Sheila Audita J. | Business Process Management Supervisor | Team |
Nandito Taqi Wibisono | Senior Operations Monitoring | Team |
Nilam Sari Simbolon | Accounting | Team |
Muhammad Kahfi | Business Development Manager | Team |
Sultan Nur Hasan | Information Technology Operations Support | Team |
42 more people are available in the full profile.
Complete people profiles for OY!
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of OY!
4 dated milestones of OY! across 8 years, from founding to its latest funding, stage changes and deals.
- Founded OY! is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $15.0M.
Competitors of OY!
OY! operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Flutterwave, Xendit, PayU and ACI Worldwide, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| xendit.co | 2015 | Jakarta, Indonesia | $532.72M | – | Online payment and money transfer platform for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| opn.ooo | 2013 | Bangkok, Thailand | $120M | – | Integrated e-wallet and contactless payment solutions for businesses and consumers | |
| cybersource.com | 1994 | Foster, United States | – | – | Global e-commerce payment processing and security services are managed. | |
| wirecard.com | 1999 | Aschheim, Germany | – | 4,989 | Payment processing solutions are provided for businesses and merchants. | |
| codapayments.com | 2011 | Singapore | $695.2M | – | Provides payment processing, customizable stores, and marketplace for digital goods. |
Detailed competitors of OY!
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of OY!
The website of OY! (oyindonesia.com) receives about 47.6K visits a month.
- Monthly visits47.6K
▼ 40.7% vs previous month
Websites whose visitors overlap most with OY!. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| olsera.com | 100% | 76.6K | #477,348 | View details | |
| midtrans.com | 96% | 2.3M | #21,817 | View details | |
| ottopay.id | 96% | – | #564,801 | View details | |
| paper.id | 96% | 509.8K | #69,049 | View details | |
anotherorion.com | anotherorion.com | 89% | – | #1,305,509 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for OY!
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Oy!
Complete news archive for OY!
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to OY!
10 companies that operate in the same segment as OY! (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about OY!
OY! was founded in 2017.
OY! is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
OY! is a funded company, having raised a total of $90M across 4 funding rounds to date.
OY! was founded in 2017 in Jakarta, Indonesia, focusing on app-based messaging and payment services for businesses. Local businesses in sectors such as restaurants, healthcare, government services, retail, and professional fields are listed with contact details and locations. Payment options include gateways, bulk payments, and invoice processing. The Android app supports these operations across Indonesia.
OY!'s top competitors include Stripe, PayU and Flutterwave.
OY! offers Send Money, Receive Money, Expense Management, and Cash Management.
OY! has 9 investors. Key investors include Alfamart, Wavemaker Partners, Orion Advisor Solutions, MDI Ventures, and Pavilion Capital Partners.
The valuation of OY! is $108M as of Jul 2021.
OY! operates through Pt. Dompet Harapan Bangsa.