Core banking software provider Oradian has entered the Indonesian market and joined the Indonesian Fintech Association (AFTECH) as its first international member.

The move marks a strategic step in the company’s regional expansion and its aim to support financial institutions in Southeast Asia’s largest economy.

Indonesia’s fintech sector continues to grow rapidly, driven by strong digital adoption and government support for financial inclusion.

According to 2024 data from Research and Markets, more than 74 percent of Indonesia’s population remains unbanked or underbanked, while 80 percent own a smartphone and over 212 million access the internet via mobile phones.

Oradian sees this as a significant opportunity to help local institutions deliver digital financial services more efficiently.

The company’s cloud-native core banking platform is designed for fast-evolving markets, using proprietary algorithms and data-driven models to help financial institutions scale quickly.

Active since 2012 in Sub-Saharan Africa, and since 2016 in Southeast Asia, Oradian has now established operations in Indonesia, appointing local leadership including Luke Knowles as Vice President of Sales and Adhi Prayogo as Solutions Consultant.

AFTECH, which has over 400 members, welcomed Oradian’s entry, recognising the company as a credible technology provider.

The membership aligns with Indonesia’s broader financial inclusion agenda under the Financial Services Authority (OJK).

AFTECH and Oradian held an introductory session on 11 June 2025 in Jakarta to mark the announcement.

Oradian is also actively recruiting in Indonesia to build a strong local presence and strengthen its support for banks, fintechs, and microfinance institutions across the country.

Antonio Separovic, Co-founder and CEO of Oradian, said,

“Indonesia represents a critical part of our Southeast Asia strategy. Therefore, our membership in AFTECH is not only an honour but also a symbol of our deep commitment to Indonesia’s fintech ecosystem.

We’re here to build long-term partnerships and bring meaningful innovation to financial institutions across the country.”

Knowles added,

“Indonesia is one of the most exciting and dynamic fintech markets in the world, and we’re thrilled to officially establish our presence here and be the first international member of AFTECH. Our local presence enables us to respond faster, collaborate more closely, and create solutions that truly fit Indonesia’s evolving market needs.

We’re here not just providing software, but also operating as a transformation partner, working side-by-side with Indonesian banks and fintechs to accelerate innovation and improve operational efficiency.”

Oradian has now established operations in Indonesia.

This article first appeared on fintechnews.sg

Featured image: Edited by Fintech News Singapore, based on image by Oradian