What Durianpay does

Durianpay is a B2B payment infrastructure provider headquartered in Jakarta, Indonesia, operating through the legal entity PT Durian Pay Indonesia. Founded in 2020, the company offers a unified REST API platform that lets Indonesian businesses accept payments across 20+ local payment methods (virtual accounts, e-wallets, cards, QRIS), disburse funds in real time to 130+ banks and e-wallets, and manage segregated sub-accounts for multi-branch or multi-merchant operations. The platform processes 5M+ API requests per day at 99.99% uptime and is backed by a Bank Indonesia PSP Category 2 license alongside PCI DSS Level 1 and ISO 27001 (ControlCase certificate 4204592177) certifications.

The company's product suite centers on three core modules — Payment In, Pay Out, and Sub-account — supplemented by Durianpay API, Durian Checkout, Payment Link, Dynamic Routing, Faster Settlements, and a Crypto Fiat On-Ramp & Off-Ramp product line. Customers include B2B businesses (primary), financial institutions, retail chains, cryptocurrency exchanges, and international PSPs seeking Indonesian market access via a single integration. Durianpay monetizes through Merchant Discount Rate (MDR) and configurable per-transaction fees on a pay-as-you-go basis with custom-negotiated enterprise pricing. The go-to-market combines API-first developer adoption (sandbox, documentation, Postman collections, WooCommerce plugin) with direct enterprise field sales and channel partnerships with international PSPs.

Durianpay is backed by Peak XV Partners and AC Ventures, with a $2M seed round in 2021 (Surge-led, with AC Ventures and Kenangan Investment) and a 2023 Catalyst round from Endeavor Indonesia. The company achieved profitability in 2025 after elevenfold revenue growth and was ranked 4th in the FT-Statista High-Growth Companies Asia-Pacific 2026 list with 1626% revenue growth from 2021 to 2024. Leadership includes co-founder and CEO Antara Sara Mathai, co-founder and COO Natasha A., and co-founder Kumar Puspesh.

Name

Durianpay

Legal name

PT Durian Pay Indonesia

Website

https://durianpay.id

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

Durianpay is a Jakarta-based B2B payment infrastructure provider, licensed by Bank Indonesia as a PSP, offering API-based payment acceptance across 20+ local methods, real-time payouts to 130+ banks and e-wallets, and sub-account management for enterprises in Indonesia and Southeast Asia.

Ownership category

akta.pro rank

Product category

Payment Infrastructure

NAICS

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

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372)

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

Keywords

• B2B payment infrastructure
• Payment gateway Indonesia
• Payment processing API
• Disbursement services
• Virtual account payments

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing Fees (MDR): Merchant Discount Rate (MDR) fee charged to merchants for payment channel services including payment processing and settlement.
2. Transaction Fees: Fees per transaction based on payment method, transaction volume, and negotiated rates. Sub-account transaction fees configurable by master account.
3. Fixed and Percentage Fees: Fixed fees and percentage-based fees configurable per subaccount for both disbursement and payment transactions.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Durianpay is a B2B payment infrastructure platform that enables Indonesian and Southeast Asian businesses to accept payments across 20+ local methods (virtual accounts, e-wallets, cards, QRIS), execute instant 24/7 disbursements to 130+ banks and e-wallets, and manage funds across multiple branches or merchants through segregated sub-accounts. The platform is delivered via a single REST API integration with sandbox testing, webhook notifications, and a centralized dashboard for reconciliation and reporting. It is licensed by Bank Indonesia as a Payment Service Provider Category 2 and certified to PCI DSS Level 1 and ISO 27001 standards.

Product overview

Durianpay is a B2B payment infrastructure platform offering a unified suite of three core products: Payment In (payment acceptance across 20+ local methods), Pay Out (disbursements to 130+ banks and e-wallets), and Sub-account (segregated fund management for multi-merchant or multi-branch operations). These core products are complemented by a developer-facing API suite (Durianpay API), hosted checkout (Durian Checkout), no-code payment links, crypto exchange fiat rails, dynamic payment routing, and faster settlement options. All services are operated through a centralized dashboard with automated reporting and reconciliation tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Payment In Payment acceptance module enabling businesses to collect payments through over 20 local payment methods including virtual accounts, e-wallets, cards, and QRIS via a single unified integration with smart routing to maximize success rates.
• Pay Out Disbursement module enabling instant fund transfers to 130+ banks and e-wallets across Indonesia, supporting both individual and bulk transactions, with high-value disbursement capability beyond standard bank limits.
• Sub-account Sub-account management feature allowing businesses to onboard merchants, manage branches, or operate business units under a single master account with segregated balances, independent reporting, and configurable fee structures.
• Durianpay API RESTful API suite encompassing Payments API, Pay Outs API (SNAP Disbursement), Refund APIs, Custom Virtual Account APIs, and Platform APIs for sub-account management. Available in Sandbox and Live modes with webhook event notifications.
• Durian Checkout Hosted checkout page solution enabling quick payment acceptance without custom frontend development. Supports JavaScript integration and plugin-based deployment.
• Payment Link No-code payment link solution allowing merchants to create and share payment links via dashboard or API for one-time or recurring invoice collection.
• Crypto Fiat On-Ramp & Off-Ramp Fiat-to-crypto and crypto-to-fiat infrastructure for crypto exchange platforms, enabling local deposit methods and real-time withdrawal disbursements across 130+ banks and e-wallets.

Quantifiable outcome

• 1626% revenue growth between 2021-2024, ranking 4th fastest-growing fintech in APAC per FT-Statista
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

One partnership is on record.

• Bank IndonesiacoreOthersRegulatory licensing and compliance partnership. Durianpay is licensed by Bank Indonesia as a Payment Service Provider (PSP) Category 2, enabling legal operation of payment processing services in Indonesia.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Xendit: Leading Indonesia/SEA payment gateway offering API-based payment acceptance, disbursements, and multi-method integration. Closely matches Durianpay's API-first B2B PSP model and target customer base of Indonesian and regional enterprises.
• Midtrans: Indonesia-focused payment gateway operated by GoTo, supporting virtual accounts, e-wallets, cards, and QRIS via a unified API. Direct competitor in the same B2B payment infrastructure category with deeper enterprise reach through the GoTo ecosystem.
• DOKU: One of Indonesia's earliest payment gateways, offering online payment processing, virtual accounts, and disbursements. Comparable in product scope (payment acceptance and payouts) and Indonesia-centric B2B target market.
• Ayoconnect: Indonesian B2B payment APIs platform focused on disbursements, bill payments, and account verification. Closely comparable developer-first B2B infrastructure model, with overlapping use cases in payouts and reconciliation.
• Finpay: Indonesian payment gateway providing multi-method payment acceptance and disbursement services to enterprises. Comparable in customer base (Indonesian B2B), product suite (payment in/out), and licensing scope.

Broad incumbents

• Stripe: Global payments leader expanding aggressively into Southeast Asia. While broader in scope, Stripe's API-first payment infrastructure targets the same B2B enterprise segment and competes head-on for Indonesian merchants seeking modern payment stacks.
• Adyen: Global enterprise payment platform with unified online, in-person, and platform payment offerings. Competes indirectly as it expands into SEA, targeting large enterprises that might otherwise consider Indonesia-focused PSPs like Durianpay.
• 2C2P: Southeast Asian payment service provider offering acceptance, disbursements, and alternative payments across multiple SEA markets. Broader regional incumbent serving the same B2B enterprise segment with multi-country coverage.
• Nium: Global B2B cross-border payments and embedded finance infrastructure provider expanding across SEA. Comparable in serving enterprises with cross-border and disbursement needs, including crypto and fintech use cases similar to Durianpay's.

Emerging players

• PayMongo: Philippines-based API-first payment gateway serving SMEs and enterprises. Comparable API-first developer model and emerging-market B2B focus, though operating in a different SEA country.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/durianpay
• GitHubgithub.com/durianpay
• LinkedInlinkedin.com/company/durianpay

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors4 records

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

M&A

Investments

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

Frequently asked questions about Durianpay