Bank Indonesia
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Co-founder and COO of Fabelio
Christian Sutardi graduated in 2010 with a degree in Finance and Management from the University of Hamburg in Germany. After working as an analyst in Germany for eight months, he moved to Indonesia to join Foodpanda as head of Sales and Operations until February 2013. He co-founded Lolabox, a beauty box service that was shut down after one year due to procurement problems in 2014. He then worked at Monk Hill’s Ventures as an associate for a year before leaving to become a co-founder of Fabelio in 2015. He is also an Endeavor entrepreneur.
Christian Sutardi graduated in 2010 with a degree in Finance and Management from the University of Hamburg in Germany. After working as an analyst in Germany for eight months, he moved to Indonesia to join Foodpanda as head of Sales and Operations until February 2013. He co-founded Lolabox, a beauty box service that was shut down after one year due to procurement problems in 2014. He then worked at Monk Hill’s Ventures as an associate for a year before leaving to become a co-founder of Fabelio in 2015. He is also an Endeavor entrepreneur.
Founder and CEO of Prelo
Fransiska Hadiwidjana is a young technopreneur and coder. The graduate in Informatics Engineering is a co-founder of AugMI Labs in USA that won the Thomson Reuters Data Prize at the MIT US$100K Entrepreneurship Competition in 2013. Fransiska had also worked as an IT intern at Microsoft and the Office of the President of Indonesia. She also participated at a Silicon Valley think tank at the Singularity University before graduating from the Institut Teknologi Bandung in 2012. She went on to establish Prelo, an online marketplace for secondhand goods in 2015.
Fransiska Hadiwidjana is a young technopreneur and coder. The graduate in Informatics Engineering is a co-founder of AugMI Labs in USA that won the Thomson Reuters Data Prize at the MIT US$100K Entrepreneurship Competition in 2013. Fransiska had also worked as an IT intern at Microsoft and the Office of the President of Indonesia. She also participated at a Silicon Valley think tank at the Singularity University before graduating from the Institut Teknologi Bandung in 2012. She went on to establish Prelo, an online marketplace for secondhand goods in 2015.
Co-founder and ex-Director of Airy Rooms
Alvin Kumarga is an experienced technical consultant and a Magna Cum Laude graduate in Chemical Engineering from Cornell University, USA. Alvin was a market research intern and later became a special projects consultant at Hybrid Silica Technologies before graduating in 2011. He worked in Boston at Stroud Consulting before returning to Indonesia in 2014 to work for the Boston Consulting Group (BCG).He left BCG in October 2015 to develop new products and corporate business for online travel agency Traveloka. In the meantime, he also co-founded Airy Rooms in 2015 but exited the startup in June 2017.
Alvin Kumarga is an experienced technical consultant and a Magna Cum Laude graduate in Chemical Engineering from Cornell University, USA. Alvin was a market research intern and later became a special projects consultant at Hybrid Silica Technologies before graduating in 2011. He worked in Boston at Stroud Consulting before returning to Indonesia in 2014 to work for the Boston Consulting Group (BCG).He left BCG in October 2015 to develop new products and corporate business for online travel agency Traveloka. In the meantime, he also co-founded Airy Rooms in 2015 but exited the startup in June 2017.
Co-founder and VP of Partnership of Taralite
Victor Timothy has more than 12 years of experience in management, accounting and sales. The Business Administration graduate worked as an insurance agent for Prudential Life Assurance while still at Universitas Bina Nusantara in Indonesia. After graduating in 2005, he worked as a cost accountant and inventory manager for almost four years at a food packaging company PT Anta Tirta Kirana. He later worked as an area sales manager at PT Indo Pangan Nusantara for another four years until May 2015 when he left to join Wedlite as a co-founder. Wedlite is now part of the bigger Taralite fintech.
Victor Timothy has more than 12 years of experience in management, accounting and sales. The Business Administration graduate worked as an insurance agent for Prudential Life Assurance while still at Universitas Bina Nusantara in Indonesia. After graduating in 2005, he worked as a cost accountant and inventory manager for almost four years at a food packaging company PT Anta Tirta Kirana. He later worked as an area sales manager at PT Indo Pangan Nusantara for another four years until May 2015 when he left to join Wedlite as a co-founder. Wedlite is now part of the bigger Taralite fintech.
Co-founder and CEO of Pundi X
Computer Data Communications graduate from Malaysia Zac Cheah is an Erasmus Mundus scholar with a master’s in Computing from Sweden’s KTH Royal Institute of Technology and a master’s in Security and Mobile Computing from the Norwegian University of Science and Technology.After his master’s graduation in 2008, Zac joined Opera Software AS in Norway and Opera Oupeng in China. He left Opera in 2013 to co-found Cross platform HTML5 games developer Wozlla in China. In 2016, Zac moved to Indonesia and co-founded payments app Pundi-Pundi. He became the CEO of Pundi X in September 2017.
Computer Data Communications graduate from Malaysia Zac Cheah is an Erasmus Mundus scholar with a master’s in Computing from Sweden’s KTH Royal Institute of Technology and a master’s in Security and Mobile Computing from the Norwegian University of Science and Technology.After his master’s graduation in 2008, Zac joined Opera Software AS in Norway and Opera Oupeng in China. He left Opera in 2013 to co-found Cross platform HTML5 games developer Wozlla in China. In 2016, Zac moved to Indonesia and co-founded payments app Pundi-Pundi. He became the CEO of Pundi X in September 2017.
Founder and CEO of Kargo.co.id, Co-founder and CTO of Kargo Technologies
Yodi Aditya is an experienced software developer. In 2008, he became the CTO of PDF sharing platform Doocu in Yogyakarta after graduating in Applied Physics from Universitas Gadjah Mada. However, he left in 2011 to join Flight Focus (now Aerotrack) as a software engineer. After one year, Yodi moved to Singapore to work for online travel and booking companies for almost two years. Yodi then decided to return to Jakarta as CEO of IT consulting company PT Polatic Informatika Indonesia. But in November 2015, he left Polatic to establish Kargo.co.id, an online marketplace for logistics services.
Yodi Aditya is an experienced software developer. In 2008, he became the CTO of PDF sharing platform Doocu in Yogyakarta after graduating in Applied Physics from Universitas Gadjah Mada. However, he left in 2011 to join Flight Focus (now Aerotrack) as a software engineer. After one year, Yodi moved to Singapore to work for online travel and booking companies for almost two years. Yodi then decided to return to Jakarta as CEO of IT consulting company PT Polatic Informatika Indonesia. But in November 2015, he left Polatic to establish Kargo.co.id, an online marketplace for logistics services.
Co-founder of Narasi TV
Najwa Shihab is one of Indonesia's most well-known TV journalists. After graduating with a bachelor's degree in law from Universitas Indonesia, she joined Metro TV as one of their first reporters in 2000. In 2004, she became an assistant producer for Metro TV's Today's Dialogue show and was heavily involved in reporting the 2004 Indian Ocean tsunami. In 2009, she became the host of her own talk show, Mata Najwa, before becoming the station's vice editor-in-chief in 2011. In 2017, Najwa officially left Metro TV to establish omni-channel media network Narasi TV.
Najwa Shihab is one of Indonesia's most well-known TV journalists. After graduating with a bachelor's degree in law from Universitas Indonesia, she joined Metro TV as one of their first reporters in 2000. In 2004, she became an assistant producer for Metro TV's Today's Dialogue show and was heavily involved in reporting the 2004 Indian Ocean tsunami. In 2009, she became the host of her own talk show, Mata Najwa, before becoming the station's vice editor-in-chief in 2011. In 2017, Najwa officially left Metro TV to establish omni-channel media network Narasi TV.
Founder and CEO of The Shonet
Elisabeth Kurniawan has had an established international career in media and fashion, having worked at Saint Laurent and Cartier in both the USA and Indonesia. Elisabeth holds associate degrees in Fashion and Apparel Design from École Supérieure des Arts et techniques de la Mode (ESMOD), France and the Fashion Institute of Design and Merchandising, USA, from which she also earned a bachelor's in Business Management. Prior to establishing The Shonet, she was Editor in Chief of Popbela, a news website under the IDN Media network.
Elisabeth Kurniawan has had an established international career in media and fashion, having worked at Saint Laurent and Cartier in both the USA and Indonesia. Elisabeth holds associate degrees in Fashion and Apparel Design from École Supérieure des Arts et techniques de la Mode (ESMOD), France and the Fashion Institute of Design and Merchandising, USA, from which she also earned a bachelor's in Business Management. Prior to establishing The Shonet, she was Editor in Chief of Popbela, a news website under the IDN Media network.
Co-founder and CEO of Cakap by Squline
Tomy Yunus is co-founder and CEO of Cakap (formerly known as Squline). He graduated from Universitas Bina Nusantara with a bachelor's in Computer Engineering in 2009, after which he pursued further education in China, graduating with a master's in Chinese Economy from Renmin University. While attending Chinese lessons at the Beijing Language and Culture Center, Tomy met future Squline co-founder Yohan Limerta. After working for two years in China, including a short stint as project lead at Pactera, Tomy returned to Indonesia in 2013 to establish Squline, an online language learning platform.
Tomy Yunus is co-founder and CEO of Cakap (formerly known as Squline). He graduated from Universitas Bina Nusantara with a bachelor's in Computer Engineering in 2009, after which he pursued further education in China, graduating with a master's in Chinese Economy from Renmin University. While attending Chinese lessons at the Beijing Language and Culture Center, Tomy met future Squline co-founder Yohan Limerta. After working for two years in China, including a short stint as project lead at Pactera, Tomy returned to Indonesia in 2013 to establish Squline, an online language learning platform.
Co-founder and CTO of Cakap by Squline
Yohan Limerta is one of the co-founders of Squline (now known as Cakap) and is the currently the company's CTO. Since 2016, he has also been concurrently a managing partner at software development and outsourcing company Erporate Solusi Global. in 2009, Yohan met Squline co-founder Tomy Yunus at the Beijing Chinese Language and Culture Center, where both were studying Chinese. After completing the course, Yohan returned to Indonesia to pursue his own business. Yohan holds a bachelor's in Software Engineering and Computer Science from Deakin University, Australia.
Yohan Limerta is one of the co-founders of Squline (now known as Cakap) and is the currently the company's CTO. Since 2016, he has also been concurrently a managing partner at software development and outsourcing company Erporate Solusi Global. in 2009, Yohan met Squline co-founder Tomy Yunus at the Beijing Chinese Language and Culture Center, where both were studying Chinese. After completing the course, Yohan returned to Indonesia to pursue his own business. Yohan holds a bachelor's in Software Engineering and Computer Science from Deakin University, Australia.
Co-founder and CEO of Advotics
In 2009 Boris Sanjaya graduated in Industrial and System Engineering at the University of Washington, USA. He worked for one year as an intern at Boeing Commercial Airplanes in Seattle. He worked as a business analyst at Amazon for four months before joining a Distribution Management Program at General Electric in 2010. He left GE and returned to Indonesia to work as a consultant for BCG in 2012. Together with Hendi Chandi, Boris co-founded telecoms startup Kokatto in 2014. He later left BCG in 2016 to join Hendi to establish PT Advotics Teknologi Global as CEO.
In 2009 Boris Sanjaya graduated in Industrial and System Engineering at the University of Washington, USA. He worked for one year as an intern at Boeing Commercial Airplanes in Seattle. He worked as a business analyst at Amazon for four months before joining a Distribution Management Program at General Electric in 2010. He left GE and returned to Indonesia to work as a consultant for BCG in 2012. Together with Hendi Chandi, Boris co-founded telecoms startup Kokatto in 2014. He later left BCG in 2016 to join Hendi to establish PT Advotics Teknologi Global as CEO.
Co-founder and CTO of Feedloop
Software engineer Ronaldi Kurniawan was the only Android developer at YesBoss, an Indonesian virtual assistant startup. The Computer Science graduate from Universitas Bina Nusantara went on to work at financial product comparison website Cermati after YesBoss became inactive in 2016. YesBoss was later transformed into Kata.ai.Ronaldi had also worked at Thailand-based IT consultancy firm TN Corporation before returning to Indonesia to join Go-Jek. In May 2019, he left Go-Jek to team up again with Kata.ai co-founder Ahmad Rizqi Meydiarso to establish brand campaign builder startup Feedloop.
Software engineer Ronaldi Kurniawan was the only Android developer at YesBoss, an Indonesian virtual assistant startup. The Computer Science graduate from Universitas Bina Nusantara went on to work at financial product comparison website Cermati after YesBoss became inactive in 2016. YesBoss was later transformed into Kata.ai.Ronaldi had also worked at Thailand-based IT consultancy firm TN Corporation before returning to Indonesia to join Go-Jek. In May 2019, he left Go-Jek to team up again with Kata.ai co-founder Ahmad Rizqi Meydiarso to establish brand campaign builder startup Feedloop.
CTO and co-founder of Sonicboom
Valentinus Boentaran is CTO and co-founder of Sonicboom Indonesia, a platform that offers data transmission via sound waves without the need for an internet connection. He has a degree in Computer Science from DigiPen Institute of Technology in Washington and one in Mathematics and Business Administration from Concordia University Irvine. He has worked on projects from Disney and Lucasfilm games.
Valentinus Boentaran is CTO and co-founder of Sonicboom Indonesia, a platform that offers data transmission via sound waves without the need for an internet connection. He has a degree in Computer Science from DigiPen Institute of Technology in Washington and one in Mathematics and Business Administration from Concordia University Irvine. He has worked on projects from Disney and Lucasfilm games.
COO and Co-founder of Nusantics
Vincent Kurniawan has worked as an industrial engineer since 2011 after graduating from California State Polytechnic University-Pomona, USA. He joined aerospace company C&D Zodiac in Ontario and worked as a Lean Manager for almost two years.In 2013, he returned to Indonesia to work at sugar refinery PT Andalan Furnindo, as head of operations for the Samora Group's subsidiary. In February 2020, he left the company to work fulltime as COO of Life Innovation Source startup Nusantics which he co-founded with another Samora executive Sharlini Eriza Putri in 2019.
Vincent Kurniawan has worked as an industrial engineer since 2011 after graduating from California State Polytechnic University-Pomona, USA. He joined aerospace company C&D Zodiac in Ontario and worked as a Lean Manager for almost two years.In 2013, he returned to Indonesia to work at sugar refinery PT Andalan Furnindo, as head of operations for the Samora Group's subsidiary. In February 2020, he left the company to work fulltime as COO of Life Innovation Source startup Nusantics which he co-founded with another Samora executive Sharlini Eriza Putri in 2019.
Founder and CEO of Amartha
After graduating from Institut Teknologi Bandung with a degree in business, Andi Taufan started work on palm oil projects for IBM, traveling around Indonesia and meeting local farmers who were struggling to get small loans for their businesses.He left IBM and started Lembaga Keuangan Mikro (Micro-Finance Institution) to help rural business owners in 2010. Armed with a master’s in Public Administration from Harvard University in 2016, Andi managed to secure VC funds and transformed the original microloans co-operative into PT Amartha Micro Fintek, a P2P micro-lending platform.
After graduating from Institut Teknologi Bandung with a degree in business, Andi Taufan started work on palm oil projects for IBM, traveling around Indonesia and meeting local farmers who were struggling to get small loans for their businesses.He left IBM and started Lembaga Keuangan Mikro (Micro-Finance Institution) to help rural business owners in 2010. Armed with a master’s in Public Administration from Harvard University in 2016, Andi managed to secure VC funds and transformed the original microloans co-operative into PT Amartha Micro Fintek, a P2P micro-lending platform.
No bank account? In Indonesia, you can still shop online
Indonesian startups are racing to serve the millions of consumers that banks haven’t reached. Here’s a look at some of the leading players, their innovations and how they have redefined the market
With universal QR code, Indonesia achieves e-payment harmony
The move to standardize Indonesia's QR code is expected to unify the country's cashless payments system and lift tens of thousands of small merchants into the payments mainstream
P2P financing platform Investree raises Series C, with $23.5m in first tranche
Indonesia's Investree closes key funding amid Covid-19 crisis; is applying for licenses in Thailand and the Philippines in regional expansion
QRIS: Will the new QR code standard rewrite Indonesia’s e-payments scene?
Enabling interoperability, the QRIS seeks to level the playing field until now dominated by GoPay and OVO – disruption that could go beyond the e-wallets scene
Gojek acquires Indonesian POS startup Moka, gains greater share of SME fintech market
Deal reportedly worth $120m will add Moka's network of over 30,000 merchants to Gojek's reach
Investing in Indonesia: The fintech companies driving a new influx of capital
With 66% of Indonesians not owning a bank account, fintech startups have come up with myriad innovative products to entice a new generation of retail investors
MSMB: From university research to agritech ecosystem
The Indonesian startup is moving beyond sensors to build technologies for livestock tracking and fish farming
Indonesian state enterprises launch e-wallet LinkAja, competing with Go-Pay and OVO
Even with a wider range of services and extensive state backing, LinkAja faces a tough battle
Gradana: P2P lending for more accessible home ownership in Indonesia
Gradana wants to create an ecosystem where developers, agents, landlords, buyers and lenders benefit one another through interconnected financing
ZendMoney: Putting cash back into the pockets of Indonesian migrant workers
ZendMoney's unique remittance concept has already helped 90,000 migrant workers send money back home
Indonesian P2P lending platform Investree expands to the Philippines
With local partner Filinvest Development Corporation, Investree Philippines will support the country’s SMEs with its lending-based crowdfunding platform
Bukalapak CEO Achmad Zaky steps down, ex-banker Rachmat Kaimuddin to take over
Rumors of a leadership change first surfaced in August as the Indonesian unicorn and its co-founder got a bad press
Payfazz aims to be Indonesia's first on-demand financial services company
Handling transactions averaging over IDR 1tn monthly, Payfazz hopes to bring the benefits of banking to all Indonesians
UPDATE: Indonesian mPOS startup Cashlez raises IDR 85bn from IPO in May
Cashlez is the first fintech company to list on the Indonesia Stock Exchange; will spend over 60% of proceeds to acquire payments company in toll road market
Crowde-funding Indonesia's fields
Agritech startup Crowde offers retail investors direct access to Indonesia’s US$25 billion agricultural sector, transforming the way traditional farmers fund, run and grow their businesses
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