Fintech giant Robinhood plots Indonesia debut with dual acquisitions

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Robinhood is preparing to enter Indonesia with a pair of strategic acquisitions that mark a significant expansion of the US fintech firm’s Southeast Asian footprint.

The company has entered into agreements to acquire Buana Capital Sekuritas and Pedagang Aset Kripto. The move positions Robinhood to tap into a fast-growing retail investor market, while giving local users access to a wider universe of global financial products.

Indonesia’s investment landscape has surged in recent years, with more than 19 million capital market investors and 17 million crypto investors, Robinhood said.

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“Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood’s mission to democratise finance for all,” said Patrick Chan, head of Asia at Robinhood. “We look forward to bringing Indonesians the same innovative services that have earned the trust of Robinhood customers globally.”

Robinhood’s entry underscores the widening competition in Southeast Asia’s retail investing space. The acquisitions also hint at a new wave of cross-market financial products - particularly in equities and crypto - aimed at a digitally native generation that increasingly treats investment apps as lifestyle platforms.

The majority owner of both Buana Capital Sekuritas and Pedagang Aset Kripto, Pieter Tanuri, will remain involved as a strategic advisor as Robinhood builds its Indonesian footprint.

Following the acquisition of Buana Capital, Robinhood plans to continue serving its existing brokerage customers with Indonesian financial products. Longer term, the company aims to bring its signature offerings - commission-free trading, access to US equities, and seamless crypto investing - to the Indonesian market at scale.

Each acquisition remains subject to customary closing conditions, including approval from the Indonesian Financial Services Authority (OJK) and other regulators. Both transactions are expected to close in the first half of 2026.

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