UpBanx Company Information

UpBanx, headquartered in Jakarta, Indonesia, operates within the fintech industry and provides a variety of financial services tailored to direct-to-consumer (D2C) brands and content creators. The company’s offerings include financial products such as financing options, an invoice generator, and financial statements. Additionally, UpBanx has introduced an AI-powered content generator named UpThinx, and offers a high-yield business account to its customers. With a team of 13 employees, UpBanx operates both locally and remotely, aiming to cater to a market opportunity estimated at $14 billion per year if it can serve all D2C brands and content creators in Indonesia. UpBanx has successfully raised $5.6 million from several investors, including Y Combinator, Alpha JWC, Alto Partners, CreditEase, Oliver Jung, and Raffi Ahmad, Indonesia’s prominent influencer. The company is part of Y Combinator’s W22 batch and has strategic partnerships with Modal Rakyat Indonesia and KoinWorks, holding licenses from Otoritas Jasa Keuangan (OJK). UpBanx is also registered with Kominfo and is a member of Fintech Indonesia.

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