📌 MAROKO133 Hot startup: Hangry scale with US$10.5M 🍔, StraitsX boosts Web3 paymen
Dear subscriber,
This week’s roundup highlights major movements shaping Indonesia’s tech and financial landscape. From Hangry’s $10.5M funding round and StraitsX’s Web3 payment expansion, to Danantara’s new CTO and Xendit’s push into Latin America, the ecosystem is buzzing with scale and ambition. Superbank’s profitability and Telkom’s massive spin-off show how digital transformation is reshaping traditional sectors. Meanwhile, May Mobility and Grab bring autonomous transport to Southeast Asia, Singapore leads the IPO race, and Lendable fuels inclusive fintech growth. We also unpack new research from LPEM FEB UI revealing crypto’s Rp 7,000 trillion contribution to Indonesia’s economy—hinting at what’s next for regulated digital finance in the region.
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The DailySocial Team
🚀 What’s New
Hangry Raises US$10.5 Million in Follow-up Funding
F&B technology startup Hangry has secured US$10.5 million in new funding led by Alpha JWC Ventures, marking one of the largest rounds in Indonesia’s foodtech space this year. The capital will be used to expand Hangry’s multi-brand restaurant ecosystem, improve digital operations, and enhance customer experience. Hangry’s hybrid model, combining physical outlets with strong online delivery channels, continues to attract investor confidence. The company also plans to leverage AI and data analytics to optimize menu innovation and supply chains. This funding milestone signals continued investor optimism in Indonesia’s tech-driven culinary market.
StraitsX Secures US$22.5 Million from UQPay and Docomo
Singapore-based StraitsX received a US$22.5 million investment from UQPay and Japan’s Docomo to boost its Web3 payment network across Asia. The deal aims to integrate blockchain-based financial infrastructure with existing digital payment systems, enabling faster and more secure cross-border transactions. StraitsX will use the funds to enhance interoperability between traditional finance and decentralized technologies. This strategic move positions StraitsX as a key connector in Asia’s growing digital asset economy. It also reflects increasing institutional confidence in regulated blockchain payment solutions.
Profile: Sigit Puji Santosa, CTO of Danantara
Danantara has appointed Sigit Puji Santosa as its new Chief Technology Officer to lead innovation in financial technology and data infrastructure. With extensive experience in scalable systems and fintech product development, Sigit brings technical depth and leadership vision to the company’s next growth phase. Under his direction, Danantara plans to enhance its digital financial ecosystem and expand its range of financial products. His appointment marks a commitment to strengthening technological excellence and operational agility. Sigit’s expertise is expected to accelerate Danantara’s mission to bridge technology with inclusive financial access in Indonesia.
Xendit Eyes Latin America Expansion
Indonesian unicorn Xendit is testing its payment solutions in Latin America, marking its first major expansion outside Asia. The move represents a bold step in Xendit’s ambition to become a global payment leader, building on its strong foundation in Southeast Asia. The company aims to replicate its successful model by targeting emerging markets with growing digital economies. This expansion underscores Xendit’s confidence in its scalable technology and regional insights. As it enters new territories, Xendit is set to redefine how cross-border payments empower businesses worldwide.
Superbank Hits IDR80.9 Billion Profit and 5 Million Customers
Superbank achieved a significant milestone by reporting IDR80.9 billion in profit and surpassing five million customers this quarter. The growth is driven by its focus on accessible digital banking services and user-friendly financial products. With strong backing from major stakeholde…
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🔗 Sumber: dailysocial.id
📌 MAROKO133 Breaking startup: Green pilots & capitals emerge 🌱. Komdigi tighte
Dear subscribers,
This week’s roundup brings a wave of momentum across Southeast Asia’s tech and innovation landscape. From fresh climate-tech funding in Indonesia and Vietnam, to QRIS preparing cross-border expansion, and regulators tightening digital compliance, the region is buzzing with activity. Southeast Asia is entering 2025 with stronger infrastructure, sharper innovation, and growing global relevance.
We are also excited to invite you to an exclusive event: Indonesia Food Resilience Forum 2025. This forum will bring together key stakeholders to discuss innovative steps towards a sustainable food future for Indonesia.
Secure your spot at this strategic discussion by registering here: https://luma.com/75o04yki.
Best regards,
The DailySocial Team
🚨 What’s New
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The Indonesian-Australian partnership KINETIK announced that five climate-tech startups from its KINETIK NEX programme have been awarded pilot‐funding after pitching at the [RE]Spark 2025 festival in Jakarta. KINETIK The winners, ranging from inclusive electric-mobility and solar water systems to solar-powered sago processing in remote Papua, will implement their innovations using a pooled fund of approximately IDR 1.6 billion. KINETIK The initiative underlines the focus on locally led green innovation across Indonesia’s diverse geographies.
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Vietnamese VC firm Touchstone Partners has launched a US $10 million “Green Transition Fund” targeting early-stage climate tech startups throughout Southeast Asia. The fund exemplifies the region’s growing appetite for sustainability-driven venture capital and aligns with global net-zero ambitions. Deployment is anticipated to begin in December 2025.
👏 What’s Exciting
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Indonesia’s digital payments system, the QRIS (Quick Response Code Indonesia Standard), is set to expand cross-border into China and South Korea by 2026, according to Bank Indonesia. This move signals a major shift toward integrated regional payment infrastructure, enabling Indonesian consumers and merchants to transact seamlessly abroad.
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The Indonesian regulatory authority Kementerian Komunikasi dan Digital (Komdigi) has threatened to block services such as ChatGPT and Cloudflare, Inc. for failing to register as private electronic system providers (PSE) under national law. The notification issued covers 25 organisations, signalling heightened digital-sovereignty enforcement in Indonesia’s tech ecosystem. Non-registration could lead to service termination, putting major global platforms on notice.
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Logistics player J&T Express reported a record surge in parcel volumes during the year-end peak season: +78 % year-on-year in Southeast Asia and +83 % in new markets. The boom underscores sustained e-commerce momentum and logistical scaling across the region. Riders, fulfilment centres and tech infrastructure are all under pressure as growth accelerates.
Fazpass is positioning its Intelligent Authentication (FIA) as the future of OTP verification by addressing core business challenges with a shift to a Monthly Active User (MAU) pricing model. This approach offers companies predictable costs with unlimited OTPs, moving away from the variable, per-message charges of traditional vendors. Coupled with AI-driven authentication designed to improve success rates and reduce user friction, Fazpass aims to provide a more scalable, secure, and cost-effective verification solution for businesses in 2026 and beyond.For more capability information: https://fazpass.com.🚀 What’s Next
The 2025 Global Startup Ecosystem Report by Startup Genome highlights Southeast Asia’s accelerating momentum, with Jakarta jumping four positions to become the world’s #2 Emerging Startup Ecosystem. Unlike other climbers, Jakarta’s rise wasn’t driven by a major exit. Wuxi climbed to #1 after a 67% surge in $50M+ exits, and Riyadh leapt rankings thanks to rasan.co’s $1.1B exit. Jakarta’s improvement instead reflects broader, steady strengthening across early-stage activity, a rare organic shift in today’s exit-driven landscape.
