Yup

Jakarta, Indonesia Founded: 2021 • Age: 5 yrs
A platform connecting customers to paylater services is operated.
Annual revenue - Latest available
Total funding $82.0M 3 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Yup

Yup is a company based in Jakarta (Indonesia) founded in 2021 by Matt Zhili Zou and Dong Zhang. It operates as a FinTech and Pay-per-Use / Usage-Based. Yup has raised $82 million across 3 funding rounds from investors including Mindworks Capital, XVC and Antao Capital. Yup offers products and services including Paylater Access, VISA Card Shopping, and Expense Tracking. Yup operates in a competitive market with competitors including Affirm, Afterpay, Smartpay, Flexiti and Tymit, among others.

  • Headquarter Jakarta, Indonesia
  • Founders Matt Zhili Zou, Dong Zhang
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Pt Finture Tech Indonesia
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $82 M (USD)

    in 3 rounds

  • Latest Funding Round
    $32 M (USD), Series C

    Oct 09, 2025

  • Investors
  • Employee Count
    Not available
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Products & Services of Yup

Yup offers a comprehensive portfolio of products and services, including Paylater Access, VISA Card Shopping, and Expense Tracking.

Product name locked
Category locked
Primary

Access to paylater services for shopping is provided.

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Shopping with VISA-based cards is facilitated globally.

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Expense tracking and bill reminders are offered seamlessly.

People of Yup

Headcount 50-200
Employee Profiles 21
Employee Profiles
People
Marito Ratu Mondru Tambunan, S.H., M.H.
Senior Manager
People
Gandan Wiranegara
Head Of Strategy, PMO & Business Partnership
People
Albert Tanasaleh
Strategy & PMO Manager
People
Agita Novi
Talent Acquisition Specialist

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Funding Insights of Yup

Yup has successfully raised a total of $82M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $32 million completed in October 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.

Investors in Yup

Yup has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Mindworks Capital, XVC and Antao Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early and expansion stage tech investments are targeted across Pan-Asia.
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Early-stage tech investments are focused on by XVC in China.
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Investor details for Yup

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Yup

Investments
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Investment portfolio details for Yup

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Yup

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Detailed financials for Yup

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  • Profit trends
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  • Financial ratios

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Yup Comparisons

Yup Primary company
Description
A platform connecting customers to paylater services is oper...
Location
Jakarta, Indonesia
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Yup

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Competitors of Yup

Yup 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 Affirm, Afterpay, Smartpay, Flexiti and Tymit, among others.

Company Name Domain Founded year HQ Location Description
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Point-of-sale financing is facilitated via an online installment payment platform.
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A buy now pay later service is offered by Afterpay.
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Credit card purchases are divided into three interest-free installments.
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Credit cards for point-of-sale financing are provided to consumers.
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Provider of credit cards for point-of-sale financing
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Purchases and installments are tracked via an app-based platform.
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Detailed competitors of Yup

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Latest news on Yup

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Complete news archive for Yup

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Frequently Asked Questions about Yup

Yup was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Yup is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.

Dong Zhang is the current CEO of Yup. They have also founded this company.

Yup is a funded company, having raised a total of $82M across 3 funding rounds to date.

A digital platform connecting customers to paylater services licensed by OJK is managed by Yup. Access to 0 interest financing, installments up to 6 months, and credit limits up to Rp 100 million is provided. Shopping with VISA-based cards at over 19 million offline stores is enabled. Daily bill payments and expense tracking through a single application are supported. The financial technology sector is primarily served, focusing on innovative consumer finance solutions.

Yup's top competitors include Afterpay, Affirm and Postpe.

Yup offers Paylater Access, VISA Card Shopping, and Expense Tracking.

Yup has 9 investors. Key investors include Mindworks Capital, XVC, Antao Capital, SWC Global, and Richen Pioneer.

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