AJAIB RAISES $270M IN INDONESIA'S BIGGEST TECH ROUND

INDUSTRY DESK■ 1 MIN READ

SUN, AUG 30, 2026

■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE

Ajaib, a Stanford-founded stock trading app, secured $270 million in Series C funding from SBI Holdings, marking Indonesia's largest tech fundraising round since 2022.

The investment represents a significant boost for Indonesia's startup ecosystem, which saw total funding plummet to approximately $340 million last year. SBI Holdings, a major Japanese financial services conglomerate, led the round. Ajaib's platform enables retail investors to trade stocks online, addressing a gap in Indonesia's financial services market. The round underscores renewed investor interest in the region's fintech sector despite broader economic headwinds affecting Southeast Asian startups. The funding comes as Indonesia's startup economy struggles with reduced venture capital activity and tighter exit opportunities. Ajaib's success signals that well-positioned companies with strong product-market fit can still attract substantial capital, even in challenging market conditions.

■ SOURCES

► Bloomberg Tech ► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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AJAIB RAISES $270M IN INDONESIA'S BIGGEST TECH ROUND

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