Brick

What Brick does

Brick (operated by PT Eastern Transglobal Remittance, with PT Brick Teknologi Indonesia as the Kominfo-registered electronic system operator and PT Brick Keuangan Inklusif as the holding entity) is an Indonesia-based open finance and payments API platform that connects to 140+ Indonesian banks and e-wallets through a single REST API (v2). The platform is licensed by Bank Indonesia as a Financial Service Provider (Penyedia Jasa Pembayaran) under license 11/38/Ptk/3 and is ISO 27001 certified. Its product portfolio spans Send Money (Disbursement API, BrickPay/Disbursement Non-API, and BI-FAST), Accept Money (Payment Link, Virtual Account API, QRIS Dynamic and Static, E-Wallet Acceptance, and the BrickCollect hosted Checkout Page), and dashboard modules (Sub-Account, Brick Dashboard for reconciliation and KYB). A 2025–2026 addition is Brick MCP, a Model Context Protocol server and local Skills package that delivers live Brick API context — endpoints, schemas, auth flows, error-code mappings — to AI coding assistants such as Claude Code, OpenAI Codex, GitHub Copilot, and Cursor.

The business runs on a per-transaction model: Send Money via BI-FAST is priced from IDR 599 per transaction (positioned as 90% cheaper than conventional bank transfers), Accept Money is IDR 5,000 per transaction, and the Money Movement API tier is sold via custom enterprise contracts with SLAs, dedicated account managers, and volume discounts. A free sandbox and Trial Mode (gated by KYB and balance top-up for production) form a product-led growth top-of-funnel, while a Contact Sales / Book a Demo motion captures mid-market and enterprise leads with detailed employee-count and transaction-frequency qualification. Customers — predominantly Indonesian — include HRIS/payroll platforms (Gaji.id, PT Cad Camp Nusantara), fintechs (Cazh, Klikoo, GoF4n), P2P lenders (Credinex), retail/POS and e-commerce (WePOS, Clozette), agtech (eFishery), and nonprofit/crowdfunding (Kitabisa). The company was founded in 2011, acquired by Singapore-incorporated Brick PTE LTD in September 2023, and is supported by 1982 Ventures, Prasetia, Better Tomorrow Ventures, Antler, Flourish Ventures, RaliCap, and Trihill Capital.

Name

Brick

Legal name

PT Eastern Transglobal Remittance

Website

https://onebrick.io

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Brick (PT Eastern Transglobal Remittance) is an Indonesia-based open finance API platform connecting businesses to 140+ banks and e-wallets. It serves Indonesian fintechs, HRIS, PPOB, lending, and merchant platforms with disbursement, payment acceptance, and AI-assisted developer integration tools.

Ownership category

akta.pro rank

Product category

Open Finance Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)

akta.pro secondary industries

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

Keywords

• Open finance API
• Payment infrastructure
• Disbursement solutions
• Virtual account payments
• QRIS integration

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Send Money (Disbursement) transaction fees: Per-transaction pricing starting from Rp599 per transaction via BI-FAST, with 90% cost savings vs. conventional bank transfers. Volume-based bulk transfers to 140+ banks and e-wallets, up to 20,000 simultaneous transactions.
2. Money Movement API (enterprise pricing): Per-transaction pricing for the Money Movement API tier; 'Contact Sales' / custom enterprise package with dedicated account manager, SLAs, and volume-based discounts. Free sandbox, no setup fees or monthly minimums for most plans.
3. Accept Payment transaction fees: Rp5,000 per transaction for the Accept Payment tier covering virtual accounts, QRIS dynamic, QRIS static, payment link, and e-wallet acceptance. Pay-as-you-go model — only pay for each successful transaction.
4. Free Trial / Freemium sandbox: Sandbox environment offered free for testing all APIs; free Trial Mode in the dashboard before KYB verification. Production access enabled after verification and balance top-up. Used as a top-of-funnel land motion that converts to paid usage.

Pricing tiers

Go-to-market motion4 records

Distribution channels3 records

Marketing channels8 records

Core offering

Brick operates an open finance API platform that enables Indonesian and Southeast Asian businesses to programmatically send and accept money across 140+ banks and e-wallets via REST APIs, covering use cases such as bulk payroll disbursement, virtual account collection, QRIS dynamic/static payments, BI-FAST real-time transfers, payment link generation, and e-wallet acceptance (GoPay, OVO, DANA, LinkAja, ShopeePay). The platform includes the Brick Dashboard, a sandbox/Trial Mode for self-serve onboarding, the hosted BrickCollect checkout page, and the Brick MCP layer that delivers live API context to AI coding assistants such as Claude, GitHub Copilot, Cursor, and OpenAI Codex.

Product overview

Brick (operated by PT Eastern Transglobal Remittance and built with PT Brick Teknologi Indonesia / PT Brick Keuangan Inklusif) is a unified open finance / payments API platform aimed at the Indonesian and Southeast Asian market, structured as a single platform-plus-modules architecture: a central Brick Dashboard and core API (v2) host a portfolio of distinct products grouped into Send Money — Disbursement API, Disbursement Non-API (BrickPay), and BI-FAST — and Accept Money — Payment Link, Virtual Account API, QRIS Static, QRIS Dynamic, E-Wallet Acceptance, and the BrickCollect Checkout Page — supplemented by platform modules such as Sub-Account management, plus the developer-facing Brick MCP server that exposes the API to AI coding assistants. All products share a single bearer-token authentication model, sandbox/production environments, the same dashboard for reconciliation, and KYB-gated production access under Brick's Bank Indonesia-licensed Payment Service Provider status.

Differentiator

Problem solved

Functional benefit

Brands

• BrickPay: Brick's branded mass/one-click bulk disbursement and transfer service covering 20,000+ transactions to 140+ banks and e-wallets.
• BrickCollect

Products and services

• Disbursement API REST API for automating bulk fund disbursements to 140+ banks and e-wallets in real time. Verifies destination account numbers before payment, supports up to 20,000 simultaneous transactions, and can send to 20,000+ destinations in a single call. Targeted at Indonesian and Southeast Asian businesses integrating payouts programmatically.
• Disbursement Non-API (BrickPay) No-code bulk payment solution under the BrickPay sub-brand that uploads Excel/CSV files to process up to 20,000 transfers to 140+ institutions in one click, with AI-based intelligent error detection, smart routing, and 24/7 availability. Designed for businesses that need mass payouts without API engineering effort.
• BI-FAST Real-time money transfer service built on Bank Indonesia's BI-FAST rails, available 24/7, with smart error detection and a user-friendly dashboard, starting from IDR 599 per transaction. Marketed as 90% cheaper than conventional bank transactions for high-volume senders.
• Payment Link API that generates unique payment URLs for accepting customer payments without coding. Supports customizable branding, real-time notifications, reconciliation via the Brick dashboard, and configurable amounts per link for SMB and enterprise merchants.
• Virtual Account API API for creating unlimited virtual accounts (Open Amount and Closed Amount) to collect payments from business users or consumers across multiple banks. Returns real-time verification and instruction details such as bankShortCode, accountNo, and displayName. Targeted at platforms needing per-customer or per-transaction collection accounts.
• QRIS Dynamic API-only product for generating dynamic QRIS QR codes with embedded invoice amounts, processed in real time with H+1 settlement. Marketed as more secure and error-free than static QRIS for retail, F&B, and online transport use cases.
• QRIS Static Dashboard-driven static QRIS product allowing unlimited QR generation with payer-entered amounts, affordable service fees, and real-time processing. Marketed as more practical and hassle-free than dynamic QRIS for SMBs and offline donation flows (e.g., Kitabisa).
• E-Wallet Acceptance Accepts payments from Indonesian e-wallets (DANA, GoPay, OVO, LinkAja, ShopeePay also named in benefits) via API or QR code, with same-day settlement and real-time reporting through the Brick dashboard. Targeted at merchants wanting unified e-wallet acceptance.
• BrickCollect Checkout Page Hosted, ready-made Brick payment page (no payment UI to build) under the BrickCollect sub-brand that combines API-driven session creation with dashboard-managed branding. Supports Virtual Account, QRIS Dynamic, Payment Link, and E-Wallet (GoPay, OVO, Dana) payment methods, real-time callbacks, and auto reconciliation.
• Sub-Account Dashboard feature that lets a single Brick account create and manage unlimited sub-accounts for separating finances across business units, franchises, payrolls, or client projects, with centralized payment management and reporting.
• Brick MCP (Model Context Protocol) Live Model Context Protocol (MCP) server plus a local Brick Skills package that deliver Brick's structured API registry (endpoint schemas, auth flows, rate limits, error codes, product descriptions) to AI coding assistants including Claude Code, OpenAI Codex, GitHub Copilot, and Cursor, enabling correct payload generation, error contextualization, and product decision support for faster integration.
• Brick Dashboard Central web dashboard for managing Brick products — disbursement, payment acceptance, sub-accounts, branding, API credentials, callback URLs, KYB verification, and transaction reconciliation. Access is gated by an email-verified account with KYB approval required for production mode.

Quantifiable outcome

• 44% saving more on operational costs
• +5 more outcomes

Named customers23 records

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability9 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core, flagship and minor.

• ASPI (Asosiasi Sistem Pembayaran Indonesia)coreStrategic or Co-development PartnerBrick is an association member of ASPI (Indonesia Payment Systems Association), as shown by the ASPI logo on the homepage footer. ASPI membership signals industry alignment and ecosystem participation in Indonesia's payment systems.
• Bank IndonesiaflagshipOthersBank Indonesia regulates and licenses Brick: PT Eastern Transglobal Remittance is registered and authorized by Bank Indonesia with registration number 11/38/Ptk/3 as a Financial Service Provider.
• Kominfo (Indonesia Ministry of Communication and Informatics)flagshipOthersPT Brick Teknologi Indonesia is registered with Kominfo as a system service provider for PT Eastern Transglobal Remittance under registration number 000487.01/DJAI.PSE/04/2021.
• CBQA GlobalminorOthersCBQA Global issued Brick's ISO 27001 Information Security Management Systems certification under certificate number ISMS1001500.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Xendit: Xendit is a leading Indonesian payment infrastructure API provider offering disbursements, payment acceptance, and virtual accounts across the same bank/e-wallet rails Brick serves. Directly comparable product portfolio, target customers (Indonesian SMEs, fintechs, HRIS), and PLG/sandbox developer motion.
• Midtrans: Midtrans (a GoTo subsidiary) is one of Indonesia's largest payment gateway providers offering VA, QRIS, e-wallet, and credit card acceptance plus disbursement APIs. Directly competes with Brick on payment acceptance and developer-first API surface within Indonesia.
• Doku: Doku is a long-standing Indonesian Payment Service Provider offering payment gateways, disbursement, and e-wallet acceptance APIs to merchants and platforms. Comparable licensed-PSP positioning, similar API product set, and overlap in HRIS/payroll customers.
• Flip (flip.id): Flip is an Indonesian fintech specializing in bank-to-bank disbursements and payment collection with strong developer API exposure. Directly comparable on the disbursement side of Brick's portfolio, particularly for HRIS, payroll, and SMB use cases.
• Ayoconnect: Ayoconnect is an Indonesian open finance / API platform offering payment initiation, account aggregation, and disbursement services. Direct competitor on the open-finance positioning and developer-first API model in the same Indonesian market.

Emerging players

• OY! Indonesia: OY! Indonesia is a payment aggregator and disbursement provider offering APIs for QRIS, virtual accounts, and payouts. Comparable product surface to Brick with overlap in Indonesian SME and fintech customers.

Broad incumbents

• Stripe: Stripe is the global benchmark for developer-first payment infrastructure APIs. Comparable API-first philosophy, sandbox-driven onboarding, and hosted checkout (Checkout) product that parallels BrickCollect. Not yet a full-stack Indonesian PSP, but a strategic threat as it expands SE Asia.
• Plaid: Plaid is the global leader in open finance APIs for account connectivity and payment initiation. Direct conceptual parallel to Brick's "preferred open finance API" positioning; comparable developer-first GTM, sandbox model, and focus on enabling embedded financial services.

Regional players

• Razorpay: Razorpay is an India-based payment gateway and developer-first API platform offering payment acceptance, payouts, and banking APIs. Comparable product architecture and PLG motion; relevant as a regional benchmark rather than a direct Indonesian competitor.
• 2C2P: 2C2P is a Southeast Asia-focused payment processor offering acceptance and disbursement across multiple SE Asian countries. Comparable regional scope and enterprise payment infrastructure positioning, but headquartered in Singapore and serving multi-country merchants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/brick_io

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brick