Robinhood Expands to Indonesia With Two Major Fintech Acquisitions
Robinhood, a stock and cryptocurrency trading website, is getting ready to join Indonesia’s quickly expanding cryptocurrency sector. The action comes after a deal to purchase two regional fintech businesses. Robinhood said on Sunday that it has signed contracts to buy the Indonesian brokerage Buana Capital. Additionally, it is purchasing PT Pedagang Aset Kripto, an Indonesian digital financial asset trader with a license. With these agreements, the company enters one of the fastest-growing markets in Southeast Asia.
Indonesia’s Investor Growth Drives Robinhood’s Latest Expansion
According to the report, there are over 19 million capital market investors and 17 million cryptocurrency investors in Indonesia. Because of this, it’s a very attractive market for trading stocks and cryptocurrency. By offering regulatory compliance and an established footprint, purchasing an existing brokerage facilitates the company’s entry into the new market. Its ability to provide cryptocurrency goods is accelerated by purchasing a licensed digital asset platform.
Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood’s mission to democratize finance for all,
Patrick Chan, head of Asia at Robinhood
Robinhood Aims to Connect Indonesian Traders to U.S. Markets
According to the statement, Robinhood will keep providing Indonesian financial products to Buana Capital clients. The purchase is anticipated to finalize in the first half of 2026, but Robinhood withheld the financial details.
Over time, we hope to also offer Robinhood brokerage and crypto trading products and connect Indonesian customers to US equities, cryptocurrencies, and more at scale,
Robinhood
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