Bank Nationalnobu

What Bank Nationalnobu does

PT Bank Nationalnobu Tbk (Nobu Bank) is an Indonesian publicly-listed commercial bank (IDX: NOBU) established in 1961 and regulated by OJK and Bank Indonesia, serving three primary customer segments: individuals/retail, UMKM/MSME, and corporate clients. The bank offers a full-stack product suite spanning savings (GoMax 3% p.a. daily interest, Nobu Savings, Nobu Junior), time deposits (up to 6.00% p.a. online), home mortgages (Nobu KPR across ~100 developer projects), government-backed MSME lending (Nobu KUR), personal loans (Nobu KTA, Nobu KSS), corporate credit (Nobu Loan), and wealth management (reksadana, SBN, bancassurance with Lippo Insurance and Hanwha Life).

Technology infrastructure centers on the nobu Go (also branded Nobuneo) mobile super app with 120,000+ users and a 5.0 rating, the NobuLink/New NobuLink web-based corporate cash management platform with 256-bit encryption and dual-control approval, the nobubiz digital platform for MSME merchants, and the MADERA Open Banking/API platform (developer.nobubank.com). Nobu Bank is one of 15 Bank Indonesia-designated First Mover Payment Service Providers for QRIS Tap (NFC contactless), operating a 700,000+ merchant QRIS network processing 4.5 million monthly transactions and approximately Rp 1 trillion monthly volume as of 2022. The bank also provides Nobu Payroll (MFTS mass fund transfer), Nobu Virtual Account, and cardless cash withdrawal at 50,000+ ATM Bersama/Prima locations.

Revenue is generated principally through net interest income on the Rp 12.4 trillion (2022) loan portfolio, transaction-based fees (NobuLink RTGS/SKN/BI-FAST tariffs of Rp 2,900-30,000 per transaction), QRIS Merchant Discount Rates (0.0%-0.7% by merchant category), and fee-based income from bancassurance, wealth management, and account services. Distribution combines product-led growth via the nobu Go app with e-KTP onboarding, enterprise field sales via dedicated relationship managers and corporate banking teams, and an extensive channel-partner ecosystem spanning SRCIS (250,000+ kelontong stores), Amartha (30,000+ ultra-micro partners), developer networks (Triniti Land, Pesona Kahuripan, ~100 projects), transportation operators (DAMRI, PPD, MRT), parking (Sky Parking), and MSME platforms (Bukalapak warung, Smartlink laundry, Jumpstart coffee machines). The bank has been actively expanding its capital base via Rights Issues (third PMHMETD in progress), is participating in Bank Indonesia's Asta Cita 3 Million Houses program via BP Tapera cooperation, and was awarded Infobank's Best Bank of The Year for Business Growth and Acceleration in 2025.

Name

Bank Nationalnobu

Legal name

PT Bank Nationalnobu Tbk

Website

https://nobubank.com

Company type

Public

Founded year

1961

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Nobu Bank (PT Bank Nationalnobu Tbk, IDX: NOBU) is an Indonesian publicly-listed commercial bank serving individuals, UMKM/MSME, and corporate clients through digital banking (nobu Go app), a 700,000+ merchant QRIS network, KPR mortgages, government-backed KUR micro-lending, and NobuLink corporate cash management.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

Commercial Banks, Nec (6029)

akta.pro primary industry

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

akta.pro secondary industry

B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

Keywords

• Retail banking services
• Commercial banking
• Mobile banking app
• QRIS payment acceptance
• Micro business lending

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Nobu Bank earns interest income from its lending portfolio including KPR (mortgages), KUR (micro-business loans), KTA (personal loans), multifunction loans, Nobu Loan for working capital and investment credit, and interest expense on deposit products (savings, deposits, giro). Interest income also includes jasa giro at 1.35% p.a. on converted RDN accounts.
2. Transaction and Service Fees: Fees from NobuLink transactions (Rp 6,500 realtime online, Rp 2,900 SKN/clearing, Rp 30,000 RTGS), ATM card fees (Rp 8,500/month debited on the 5th), check book fees (Rp 285,000/book), account closing fees (Rp 25,000), and other administrative charges.
3. QRIS Merchant Discount Rate (MDR): Nobu Bank earns MDR from QRIS transactions processed as an acquirer. MDR rates vary by merchant type: 0.3% for micro business, 0.7% for SME and large merchants, 0.6% for education, 0.4% for SPBU and public service, and 0.0% for government assistance programs.
4. Other Operating Income: Other operating income including bancassurance (Nobu Bank works with Lippo Insurance and Hanwha Life for insurance products), wealth management (reksadana, SBN government bonds), and other fee-based services.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels7 records

Core offering

PT Bank Nationalnobu Tbk (Nobu Bank) is an Indonesian commercial bank providing retail and corporate banking products across three segments: Perorangan (individual savings, deposits, mortgages, personal loans, wealth management), UMKM (KUR micro-lending, QRIS merchant services, ATM Mama), and Korporasi (corporate cash management, payroll, virtual accounts, working capital loans). The bank delivers these services through digital channels including the nobu Go mobile super app, NobuLink internet banking, and a physical branch network, with QRIS/QRIS Tap payment acceptance forming a key transaction layer.

Product overview

Nobu Bank (PT Bank Nationalnobu Tbk) operates as a multi-segment Indonesian commercial bank offering a comprehensive suite of financial products and services organized across three primary segments: Personal/Berorangan (individuals), UMKM (micro, small, and medium enterprises), and Corporate/Korporasi. The bank's digital-first approach centers on the nobu Go mobile banking super app, which serves as the primary digital channel for personal banking, offering GoMax Savings (3% p.a. daily interest), online deposits up to 6% p.a., QRIS payments, and multi-currency savings. For corporate customers, NobuLink and nobubiz provide web-based cash management and business banking platforms. The bank also operates MADERA, an Open Banking platform for third-party developers. Core lending products span home mortgages (Nobu KPR), government-backed SME lending (Nobu KUR), personal loans (Nobu KTA, Nobu Loan), and corporate credit facilities. Payment infrastructure includes QRIS with three modes (MPM Static, MPM Dynamic, CPM), QRIS Tap NFC contactless payments, Nobu Virtual Account for B2B collections, and Nobu Payroll for salary disbursements. Wealth management products include mutual funds, government bonds (SBN), and bancassurance through partnerships with Lippo Insurance and Hanwha Life. The bank is regulated by OJK and Bank Indonesia, and holds ISO 37001 anti-bribery certification.

Differentiator

Problem solved

Functional benefit

Brands

• MADERA: Partnership/Open Banking platform for developers
• GoMax Savings
• NobuNeo
• Nobu e-Money
• Nobu QRIS
• Nobu Payroll
• Nobu Virtual Account
• Nobu Loan
• Nobu KUR
• Nobu KPR

Products and services

• GoMax Savings Daily-interest bearing savings account that pays up to 3% p.a. interest calculated and credited daily. Offers free unlimited transfers to any bank, accessible via the nobu Go mobile app. For individual consumers seeking high-yield digital savings.
• Nobu Deposito Online Online time deposit product offering interest rates up to 6.00% p.a. with flexible tenors starting from 1 month and early withdrawal without penalty. Minimum placement starting from Rp 1 million. For individual retail customers.
• Nobu KPR Home mortgage (Kredit Pemilikan Rumah) product financing residential properties and apartments, offered in partnership with dozens of property developers across nearly 100 projects throughout Indonesia. For individual borrowers seeking home ownership financing.
• Nobu KUR Government-backed micro and SME lending program (Kredit Usaha Rakyat) providing working capital and investment credit to small and medium enterprises, with government guarantee backing through KUR guarantee cooperation with Jamkrindo. Supports FLPP and KUR Perumahan housing for entrepreneurs.
• Nobu KTA Personal multi-purpose loan (Kredit Tanpa Agunan) offering unsecured credit for individual borrowers without requiring collateral. For individuals seeking personal financing.
• Nobu KSS (Nobu Kas Bon Suka Suka) Simple, flexible personal credit facility for individual borrowers with easy access and minimal requirements. For individuals seeking convenient personal credit.
• Nobu Payroll Corporate payroll service enabling companies to manage employee salary disbursements with fee-free registration, MFTS-based mass fund transfers, free debit card administration, free ATM withdrawals at ATM Bersama/Prima networks, and free real-time online transfers via Nobu Internet Banking / Nobu App. For corporate clients.
• Nobu Virtual Account B2B payment solution providing corporate customers with reference codes for payment identification and reconciliation, supporting cash via teller, non-cash via in-house transfer, LLG/RTGS, and Real Time Online via ATM/Internet Banking. For corporate clients.
• NobuLink Web-based corporate cash management platform providing account information, bulk financial transactions (debit and credit), payment workflow with user privilege controls, transaction reports, and 256-bit encrypted secure token authorization. New NobuLink platform also supports BI FAST payments. For corporate clients.
• Nobu QRIS QR Code Indonesian Standard payment acceptance service supporting three modes: MPM Static (merchant QR code scanned by consumers), MPM Dynamic (QR issued via EDC or smartphone with amount entry), and CPM (consumer generates QR via app scanned by merchant). MDR fees range from 0% to 0.7% depending on business type. For merchants and business owners.
• QRIS Tap Contactless QR payment feature using NFC (Near Field Communication) technology, allowing users to pay by tapping their smartphone to a payment terminal without scanning a QR code. Implemented across transportation (Bus DAMRI), parking (Sky Parking), retail, and F&B sectors. For consumers, merchants, and partner operators.
• nobu Go Mobile Banking Mobile digital banking super app offering GoMax Savings with daily interest up to 3% p.a., online deposits up to 6.00% p.a., QRIS and QRIS Tap payments, e-wallet top-ups, bill payments, foreign exchange savings in 8 currencies, cardless cash withdrawal at 50,000+ locations, and loyalty programs. Trusted by over 120,000 users with a 5.0 app rating. For individual consumers.
• MADERA Open Banking Platform Open Banking platform enabling third-party developers and partners to access Nobu Bank's financial services infrastructure via APIs for building integrated applications and services. Provides Open API connectivity for QRIS Tap integration with merchants and business owners.
• Nobu Loan (Corporate) Corporate credit facilities including Working Capital Credit (Current Account Loans and demand loans in rupiah) and Investment Credit (Fixed Installment Loans for immovable goods, machinery, or business expansion). For corporate clients.
• Reksadana (Mutual Funds) Wealth management product offering access to investment mutual funds managed by professional fund managers. For individual investors.
• Surat Berharga Negara (SBN) Government bonds (SBN) investment product allowing individuals to invest in Indonesian government debt securities. For individual investors.
• Bancassurance Bancassurance product providing life and health insurance products through partnerships with Lippo Insurance and Hanwha Life, integrated with Nobu Bank's distribution channels. For individual banking customers.
• Nobu Savings UMKM Savings account specifically designed for micro, small, and medium enterprises (UMKM) with features tailored to business financial management needs. For SME customers.
• ATM Mama (Nobu MiniATM) ATM solution for SMEs enabling small business owners to offer cash withdrawal services to their customers, generating additional revenue from transaction fees. For MSME / warung operators.
• Nobu Savings Dollar (Valas Savings) Foreign currency savings account supporting 8 foreign currencies including USD, SGD, EUR, AUD, CNY, HKD, JPY, and KRW with special exchange rates. For individual customers seeking multi-currency savings.

Quantifiable outcome

• Loan portfolio grew over 25% to Rp 12.4 trillion in 2022, outpacing industry growth of 11.35%
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

18 partnerships are on record, tiered minor and core.

• BP Tapera (Badan Penyelenggara Tabungan Perumahan Rakyat)minorStrategic or Co-development Partner · 17 July 2025Nobu Bank and BP Tapera officially inaugurated a cooperation to support the government's housing program goals, particularly the 3 Million Houses initiative under Asta Cita.
• PT Pesona KahuripanminorStrategic or Co-development Partner · 30 June 2025Nobu Bank and PT Pesona Kahuripan signed a cooperation to support the Asta Cita 3 Million Houses program, with Pesona Kahuripan as a property developer partner.
• Bank IndonesiacoreStrategic or Co-development Partner · 14 March 2025Bank Indonesia officially launched QRIS Tap (QRIS Tanpa Pindai) using NFC technology. Nobu Bank participated as one of 15 PJP First Movers that implemented QRIS Tap. The launch was conducted by BI Governor Perry Warjiyo at MRT Bundaran HI station, with Nobu Bank providing QRIS Tap services at MRT and Bus Damri.
• PT Sky Parking Utama (Sky Parking)coreStrategic or Co-development Partner · 14 March 2025Nobu Bank partnered with Sky Parking for QRIS Tap implementation at parking facilities. Showcased at Lippo Mall Nusantara where Deputi Gubernur BI Filianingsih Hendarta demonstrated QRIS Tap payment for parking. CEO Sharon Tjokrorahardjo stated QRIS Tap enables faster, queue-free transactions.
• PT Jaring Solusi Aplikasi (Jaring)coreTechnology or Integration · 20 December 2024Nobu Bank partnered with Jaring as the technology provider for QRIS Tap implementation on public transportation. Jaring worked with Perum DAMRI to enable QRIS Tap on Damri buses, with Nobu Bank acting as the QRIS acquirer.
• Perum DAMRIcoreStrategic or Co-development Partner · 20 December 2024Nobu Bank provided QRIS Tap as the payment acquirer for Damri public buses as part of the BI-led QRIS Tap pilot. The pilot was attended by Dicky Kartikoyono from BI's Payment Systems Department and Andrian Meirawan Saputra from Nobu Bank.
• PT SRC Indonesia Sembilan (SRCIS)coreStrategic or Co-development Partner · 15 November 2024Nobu Bank and SRCIS signed an MoU for the KRUPUK (Kredit Untuk Pengusaha Kuat) program to provide working capital to 250,000+ toko SRC kelontong stores. Prior collaboration over 2 years distributed over Rp 68 billion to ~1,100 SRC stores. The KRUPUK program aims to help SRC stores develop and compete in the retail market.
• BPJS KetenagakerjaanminorStrategic or Co-development Partner · 23 August 2024Nobu Bank signed cooperation with BPJS Ketenagakerjaan to provide social security (labor insurance) for KUR recipients. This implementation aligns with Permenko Regulation No. 1/2023 ensuring KUR recipients receive employment social security protection alongside access to capital.
• BPJS KesehatanminorStrategic or Co-development Partner · 21 August 2024Nobu Bank partnered with BPJS Kesehatan to provide health insurance support for society members who are KUR recipients, as part of Nobu Bank's community support initiatives.
• Perum Pengangkutan Penumpang Djakarta (PPD)minorStrategic or Co-development Partner · 21 August 2024Nobu Bank provides QRIS payment services for PPD's public bus network. Passengers can pay bus fares easily using Nobu Bank QRIS, with the payment processed through Nobu Bank's QRIS infrastructure.
• PT BukalapakminorChannel Partner/ Reseller/ Distributor · 4 August 2024Nobu Bank QRIS is available at Bukalapak warung networks across Indonesia. These basic-needs kiosks and pulsa vendors, managed by Bukalapak, provide QRIS payment acceptance allowing customers to pay easily while funds go directly to the merchant's Nobu Bank account.
• Smartlink (Laundry Management Platform)minorChannel Partner/ Reseller/ Distributor · 4 August 2024Nobu Bank QRIS is available at laundry businesses using the Smartlink digital platform which has over 7,000 merchant partners. Laundry service providers can accept QRIS payments with funds deposited directly to their Nobu Bank accounts.
• Jumpstart (Smart Coffee Machines)minorChannel Partner/ Reseller/ Distributor · 4 August 2024Nobu Bank QRIS is accepted at Jumpstart smart coffee vending machines located in office buildings across 3,000+ locations in Indonesia. Coffee purchases can be paid via Nobu Bank QRIS for a seamless transaction experience.
• PT Jamkrindo (Jaminan Kredit Indonesia)minorChannel Partner/ Reseller/ Distributor · 25 March 2024Jamkrindo signed a KUR guarantee cooperation with Nobu Bank to provide credit risk insurance for KUR loans distributed through the bank's MSME lending programs.
• PT Amartha Mikro Fintek (Amartha)coreStrategic or Co-development Partner · 27 May 2023Nobu Bank and Amartha signed a cooperation agreement for ultra-micro business capital distribution with an initial commitment of Rp 100 billion. The collaboration targets more than 30,000 Amartha-built partners in productive business sectors across Java, North Sumatra, West Sumatra, and South Sumatra.
• PT Triniti LandminorStrategic or Co-development Partner · 27 May 2023Nobu Bank signed a cooperation agreement with Triniti Land to expand KPR mortgage services for Triniti's property developments. This is one of dozens of developer partnerships across nearly 100 housing projects nationwide.
• MD CominorStrategic or Co-development Partner · 27 May 2023MD Co and Nobu Bank agreed to cooperate to empower 10,000 creative economy MSMEs, especially female entrepreneurs (Femalepreneurs), as part of a broader MSME empowerment initiative.
• Hanwha Life InsuranceminorStrategic or Co-development PartnerHanwha Life Insurance partners with Nobu Bank to provide insurance products to Nobu Bank customers. Representatives from Hanwha Life attended the FEKDI 2025 event alongside Nobu Bank's President Director.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Bank Jago: Indonesian publicly-listed digital-first bank (formerly Bank Artos) that pivoted to a mobile super app focused on consumer and MSME banking. Highly comparable as a small-cap IDX-listed bank competing in digital banking, savings, and payments with a partner-led ecosystem approach (Gojek, GoPintar).
• Bank BTPN (including Jenius): Indonesian bank with Jenius digital banking app focused on mass-market and MSME segments. Highly comparable product overlap including daily interest savings, QRIS, mobile-first experience, and MSME community financing (Karya Kreatif Indonesia).
• Bank Neo Commerce: Indonesian publicly-listed digital bank (BBYB) operating the neobank app with a focus on consumer, MSME, and ecosystem-driven banking. Comparable scale and digital-first GTM, also publicly listed on IDX with similar regulatory and competitive dynamics as Nobu.
• Jenius by Bank SMBC Indonesia: Digital banking product of Bank SMBC Indonesia (formerly Bank BTPN) offering a mobile super app with savings, payments, and lending. Highly comparable digital-first product set including daily interest savings, multi-currency, QRIS, and ecosystem partner approach targeting Indonesian millennials and Gen Z.

Emerging players

• Seabank Indonesia: Digital bank in Indonesia owned by Sea Group (Shopee parent), focused on consumer savings, deposits, and ecosystem-driven banking. Comparable digital-first approach targeting mass-market consumers via Shopee ecosystem, similar scale to Nobu but with strong e-commerce distribution.

Broad incumbents

• Bank Central Asia (BCA): Indonesia's largest private commercial bank with dominant consumer transaction banking, mobile banking (BCA Mobile), and extensive QRIS/merchant network. Overlaps heavily with Nobu's retail, savings, and payment products but operates at vastly larger scale and brand strength.
• Bank Mandiri: One of Indonesia's largest state-owned commercial banks with full retail, MSME, and corporate banking capabilities. Comparable QRIS acquiring, KUR distribution, and KPR programs, but at materially larger scale with broader corporate and treasury franchises.
• Bank BRI (Bank Rakyat Indonesia): Indonesia's largest microfinance and MSME-focused bank, dominant in KUR distribution and ultra-micro lending via BRILink agents. Comparable product overlap in KUR, KPR, and MSME banking but operates at vastly larger scale with established agent network across Indonesia.
• Bank Danamon: Indonesian commercial bank with established MSME (Danamon Simulasi Pintar) and consumer banking franchises. Comparable in offering KUR, savings, and digital banking, but with broader product portfolio including credit cards and wealth management at larger scale.
• Bank Permata: Indonesian commercial bank with strong digital banking (PermataMobile X), corporate cash management, and QRIS acquiring capabilities. Comparable mid-size Indonesian bank with similar product breadth and digital ambitions but larger corporate franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pt-nationalnobu-bank-tbk
• Instagraminstagram.com/nobubank
• Facebookfacebook.com/nobubank
• YouTubeyoutube.com/@nobubank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds2 records

Investors2 records

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M&A

Investments

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

Frequently asked questions about Bank Nationalnobu