APRIL 2020

SERIES A
FUND RAISE
Indonesia’s 180 million adult populations, representing half of Southeast Asia, are looking for
more convenient, cheaper and easily accessible ways to connect with the financial services
they need

BANKED (41.6 million)

Well-served in financial services needs; have
access to and owning credit cards, insured or LIMITED INTEROPERABILITY
have investment products in payment systems for moving
funds between accounts at
zero or low cost
LIMITED OPERATION HOURS
AND TIME LAGGING for
moving funds across different
financial services

UNDERBANKED (47.1 million)

Not well-served in financial services or have unmet
needs; limited access to credit card or lending;
LIMITED CREDIT HISTORY LOW SAVINGS AND POOR LIMITED ACCESS to
underinsured; no access to long-term savings
causes very high prices to FINANCIAL PLANS hamper different financial services’
products
be charged to offset lending access to investment and infrastructures (e.g. debit
risks insurance services machine, etc.)

UNBANKED (92.3 million)

No access to basic financial services (a bank account)

Source: Fulfilling Its Promise: The future of Southeast Asia’s digital financial services report of Bain, Google and Temasek; OY! analysis

Copyright © 2020 OY! Indonesia. All rights reserved.

OY! Indonesia presents to help all Indonesians get an easier, faster, more affordable and
seamless experience in accessing any financial services through OY! Cloud solution

VISION STATEMENT MISSION STATEMENT

Our vision is to enable Our mission is for everyone

everyone to have access to
world-class financial
services
in Indonesia to have an
easier, faster, more
affordable and seamless
financial service
experience

Copyright © 2020 OY! Indonesia. All rights reserved.

OY! Cloud acts as an aggregator for end-to-end money movements in all financial services in
Indonesia that provides easier, faster, more affordable and seamless transactions for each
business and individual customers

EASIER

Connect to all financial services

only through our application
E-MONEY &
and cash recycling machine
CREDIT CARD E-WALLET LENDINGS

BANK ACCOUNT INSURANCE FASTER AND 24/7

CLOUD Transactions across financial

Aggregator for end-to-end services can be done much
money movements faster than conventional
systems and are available 24/7
PHYSICAL CASH INVESTMENT
ONLINE OFFLINE
TRANSACTION TRANSACTION
MORE AFFORDABLE

DATA The cost is cheaper than

conventional systems that are
available

UNBANKED BUSINESSES SEAMLESS

POPULATION SME AND ENTERPRISE
UNDERBANKED BANKED One click away for any
POPULATION POPULATION transaction

Copyright © 2020 OY! Indonesia. All rights reserved.

OY! Cloud is supported by 3 business pillars designed to provide the best value for Customers
and Financial Services in Indonesia
VALUE FOR INDIVIDUAL CUSTOMERS
REAL-TIME transaction 24/7
ONLINE LOWER inter-bank transaction COST
TRANSACTION
SEAMLESS MONEY MOVEMENT
experience with phone number
REAL-TIME transaction 24/7
EASY ACCESS to money movement for
OFFLINE
everyone
TRANSACTION
CARD LESS withdrawal and deposit to
ALL ACCOUNTS through single platform
Access and manage ALL FINANCIAL
ACCOUNTS in a platform
DATA FINANCIAL HEALTH check services
BETTER OFFER of all financial products
(better deal engines)
Copyright © 2020 OY! Indonesia. All rights reserved.
VALUE FOR BUSINESS CUSTOMERS
REAL-TIME transaction 24/7
LOWER transaction and technology
support COST
IMPROVED payment PROCESS and
report settlement
REAL-TIME transaction 24/7
LOWER cash handling COST
FRAUD MONITORING for cash basis
transaction
INSIGHTS to offer a more intuitive service
and marketing
Increase FRAUD DETECTION and risk
analysis
Regulatory COMPLIANCE and exposure
VALUE FOR FINANCIAL SERVICES
REAL-TIME transaction 24/7
LOWER inter-bank transaction COST
FASTER market penetration and BIGGER
NETWORK of financial services
REAL-TIME transaction 24/7
LOWER operating and floating balance
COST
QUICK EXPANSION to reach more
potential customers, even unbanked
population
INSIGHTS to offer a more intuitive service
and marketing
Enable EXPANSION and UPSELLING of
financial products
BETTER RISK analysis
Educate FINANCIAL LITERACY to market
Online Transaction - Consumer
Our application that was launched last year received very positive feedbacks and the number
of monthly transaction users continues to grow

ONLINE TRANSACTION – INDIVIDUAL CUSTOMERS

Key Features:
✔ Local and international remittance
✔ Top up e-money and e-wallet
✔ Personal finance management
✔ Account balance and statement

Copyright © 2020 OY! Indonesia. All rights reserved.

Online Transaction - B2B
OY! provides disbursement, deduction and payment checkout services for our business
customers that help the process be faster, safer and cheaper for their recipients

ONLINE TRANSACTION – BUSINESS CUSTOMERS

TOKOPEDIA integrated to OY!’s

Disbursement API, send money
seamlessly to their micro-merchants
real-time

Copyright © 2020 OY! Indonesia. All rights reserved.

Online Transaction - B2B
We also provide disbursement and VA aggregator services for our business customers to
serve users at lower costs and faster payment cycle

ONLINE TRANSACTION – BUSINESS CUSTOMERS

BIBIT is using OY!’s API VA Aggregator

combine with OY!’s API Disbursement
service to serve users with one cycle
payment of Mutual Fund inside BIBIT with
a cheaper cost & faster time

Copyright © 2020 OY! Indonesia. All rights reserved.

This success is also reflected in the impressive growth of our GTV and transactions, which
have grown 33 and 11 times in the past year, and are expected to grow 10 and 18 times
respectively in the coming year

ONLINE TRANSACTION

Copyright © 2020 OY! Indonesia. All rights reserved.

Continuing our success in the Online Transaction business, we launched our Cash Recycle
Machine as the second business pillar that intends to meet the needs of the Indonesian
people who still rely heavily on cash transactions

OFFLINE TRANSACTION OY! CASH RECYCLE MACHINE

Cash transactions continue to grow in Indonesia, even Streamlining manual cash handling processes that impacts
though cashless has grown rapidly over the past 5 years every process and person in a financial institution
Top up e-money
Pay bills
Cash deposit scheme
Cash Withdrawal scheme

Reliable counting of cash and

fraud notes
Anti skimming capabilities
Customer awareness mirror

Faster settlement (electronic

settlement) with reduced
pilfering risk, 24/7 real-time

with its 15 thousand stores, will become one of our

strategic investors and provide strategic locations for our
Source: Bank Indonesia, World Bank machines

Copyright © 2020 OY! Indonesia. All rights reserved.

We plan to deploy 1,500 machines for the next 2 years to increase our GTV 25 times and our
revenue 140 times, which requires US$ 20 million through this series A fund raise

MONTHLY REVENUE
0.6 1.9 4 5.9 8.2
(in million US$)

MONTHLY TRANSACTION USERS

186 695 1,412 2,001 2,500
(in thousand)

Copyright © 2020 OY! Indonesia. All rights reserved.

These three business pillars will act as our foundation for more advanced products that will
generate higher revenues in the future

STAGE OPPORTUNITIES TARGET REVENUE / GTV OPERATIONAL TARGET

CONSUMER LENDING
OY! Customer and B2B
B2B LENDING
INTERMEDIATE + 1% SME Clients
COMPANY & WHITE LABEL CREDIT CARD
ADVANCED International SME and Banks
MORTGAGE PACKAGE

EDC

POINT OF SALES Banks EDC + POS Merchants

FOUNDATION + 0.2%
INTERMEDIATE BANKS PAYMENT RAILS
Indonesians that are abroad
INTERNATIONAL REMITTANCE

ONLINE TRANSACTION
Access to 40 MILLION
MONTHLY ACTIVE USERS
OFFLINE TRANSACTION 0.25%

20,000 CASH MACHINE

DATA
FOUNDATION

Copyright © 2020 OY! Indonesia. All rights reserved.

THANK YOU

Jesayas@oyindonesia.com
APRIL 2020

INSIGHTS FOR
MACHINE BUSINESS
Cash transactions continue to grow in Indonesia, even though cashless has grown rapidly
over the past 5 years

CASH IN CIRCULATION AS A PERCENTAGE OF GDP MONTHLY CASH TRANSACTIONS (in trillion IDR)

4.56% 65.9
62.2
4.51% 4.51% 60.7
4.48% 57.1 56.5

50.9 50.3
48.7
4.39% 47.2
42.5

2014 2015 2016 2017 2018 2015 2016 2017 2018 2019

Withdraw Deposit
Source: Bank Indonesia, World Bank

Copyright © 2020 OY! Indonesia. All rights reserved.

The number of cash machines tends to stagnate over the past 3 years and around 80 percent
are owned by BUKU IV banks

NUMBER OF ATM / CDM / CRM MACHINE (in thousand) COMPOSITION OF ATM / CDM / CRM MACHINE IN 2019

BRI : 22,993 BNI : 18,659

106.6 106.9 106.6 • 19,184 ATM • ATM ONLY
103.4 • 3,809 CRM
99.3

90.7

75.9

OTHERS: 21,262

PANIN : 964
• ATM ONLY

DANAMON: 1,345 MANDIRI : 18,291

2013 2014 2015 2016 2017 2018 2019 • ATM ONLY • ATM ONLY
CIMB NIAGA : 5,207 BCA : 17,928
Source: Bank Indonesia, Annual Report of each Bank • 4,500 ATM • 10,988 ATM
• 707 CRM • 6,940 CRM
Copyright © 2020 OY! Indonesia. All rights reserved.
BCA and Mandiri are the leader of the number of transactions in each machine, the average
nominal of each transaction and the amount of floating balance placed in each machine

AVERAGE DAILY TRANSACTIONS / MACHINE AVERAGE VOLUME / TRANSACTION AVERAGE FLOATING BALANCE / MACHINE

Source: Annual Report of each Bank

Copyright © 2020 OY! Indonesia. All rights reserved.

THANK YOU

Jesayas@oyindonesia.com