OY!

The company's primary business involves providing an integrated payment infrastructure that handles both digital and cash transactions. Its business model is centered on offering a suite of financial solutions through a single dashboard, targeting a client base ranging from MSMEs to large corporations and government stakeholders. OY! generates revenue by facilitating these financial transactions, including services for sending money, receiving payments, and managing cash flow and expenses.

The product portfolio is comprehensive, designed to function as an all-in-one payment aggregator. Key services include 'Send Money,' which facilitates bulk disbursements and automated fund transfers to over 100 banks, and 'Receive Money,' which allows businesses to accept payments via virtual accounts and shareable payment links. The platform also offers solutions for cash management, including a cash deposit machine network, and expense management to monitor corporate spending. A significant milestone was achieved in 2021 when OY! Indonesia secured a US$30 million Series A funding round led by SoftBank Ventures Asia, which contributed to its valuation surpassing US$100 million and attaining 'Centaur' status. The firm is licensed and supervised by Bank Indonesia and the Financial Services Authority (OJK) and holds several ISO certifications, ensuring compliance and security.