What TMRW Digital does

TMRW Digital is the mobile-only digital banking brand of PT Bank UOB Indonesia, a subsidiary of Singapore-headquartered UOB Group. Launched in 2020, TMRW serves Indonesian retail consumers through a single integrated mobile application delivering daily banking, term deposits, debit and credit cards, and mutual fund investments. The platform is licensed and supervised by OJK and Bank Indonesia, with deposits covered by Indonesia's Deposit Insurance Corporation (LPS) up to IDR 2 billion, and is built on direct integrations with Indonesia's national payment and capital-markets infrastructure, including BI-Fast for free real-time interbank transfers, QRIS for merchant QR-code payments, ATM Bersama and Prima networks for cash access, and KSEI for securities settlement.

The product suite centers on three savings products—TMRW Everyday Account at 0.50% p.a. with no minimum balance, the gamified City of TMRW savings account at 3.80% p.a., and TMRW Power Saver term deposits at regular rates of 3.75% with promotional rates of 4.20%–6.00% p.a. on tenures between one and twelve months—alongside a TMRW Debit Card, a TMRW Credit Card offering up to 6% cashback across multiple categories with a Flexi Repayment installment feature, and a Wealth feature enabling mutual fund transactions via KSEI integration and distribution of UOB Asset Management Indonesia products including ESG and UNION funds. Supporting features include Smart Insights (predictive-analytics spending analysis), Auto-save (automated sweep from transaction to savings account), Rewards+ (in-app promotional catalog), Bill Payment and E-Wallet top-up across 200+ billers, and TIA for round-the-clock chat support. In 2024, the platform received Global Finance 'Best Mobile Banking App' and 'Best Social Media Marketing and Services' recognition, plus International Finance 'Most Innovative Digital Bank – Indonesia' and 'Best Mobile Banking Application – Indonesia' awards.

TMRW operates a self-serve, product-led go-to-market: customers acquire the app via the Apple App Store or Google Play, complete digital onboarding, and access all services without branch visits. Distribution is direct-to-consumer across Facebook, Instagram, YouTube, the TMRW financial-literacy blog, and promotional campaigns. Revenue is generated from interest rate spreads on deposits and credit-card balances, transaction and credit-card fees (annual, late at 1% of bill or Rp100,000 maximum, cash advance, interchange), a new Rp10,000 monthly dormant-account fee effective August 1, 2025, and mutual-fund distribution fees; the firmographic employee band of 11–50 staff and the absence of standalone funding rounds indicate TMRW functions as a digital channel within the broader PT Bank UOB Indonesia franchise.

Name

TMRW Digital

Legal name

PT Bank UOB Indonesia

Website

https://tmrwbyuob.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

TMRW Digital is the mobile-only digital banking platform of PT Bank UOB Indonesia, serving Indonesian retail consumers with savings accounts, debit and credit cards, mutual fund investments, and integrated payment features within a single mobile application.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from interest rate spreads on deposits and lending products including savings accounts, time deposits (Power Saver), and credit card balances
2. Transaction Fees: Revenue from payment processing, transfers (though many are free for customers), and card transaction fees
3. Credit Card Fees: Annual fees, late payment fees, cash advance fees, and interchange fees from TMRW Credit Card transactions. Minimum payment is 5% of billing statement, late fee is 1% of total bill or max Rp100,000
4. Account Administration: Monthly dormant/inactive account fees of Rp10,000 effective August 1, 2025 for TMRW Everyday Account
5. Investment Product Distribution: Revenue from distribution of mutual funds (Reksa Dana) and other investment products through the Wealth feature, earning distribution fees from fund managers

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

TMRW is UOB Indonesia's mobile-only digital banking platform for individual consumers, offering savings accounts, term deposits, debit and credit cards, mutual fund investments, and payments (BI-Fast, QRIS) through a single app. Customers open accounts and transact entirely digitally without branch visits.

Product overview

TMRW Digital is UOB Indonesia's digital banking platform offering a unified mobile application with multiple savings and investment products. The portfolio includes: TMRW Everyday Account (daily transactions with 0.5% interest), TMRW Savings Account/City of TMRW (gamified savings at 3.80% p.a.), and TMRW Power Saver (term deposits up to 6.00% p.a.) as savings products; plus TMRW Debit Card and TMRW Credit Card (up to 6% cashback). The app also provides integrated features including Wealth (mutual fund investments), Rewards+, Smart Insights (spending analytics), Auto-save, QRIS/Bill Payment, BI-Fast transfers, and 24/7 chat assistance (TIA), all accessible from a single mobile banking application.

Differentiator

Problem solved

Functional benefit

Products and services

• TMRW Everyday Account Daily transaction account with 0.5% interest per year, no minimum balance, no monthly admin fee, and free transfers and bill payments. Includes QRIS, BI-Fast transfers, and Auto-save. For Indonesian retail consumers managing everyday banking.
• TMRW Savings Account (City of TMRW) Gamified savings account where users build a virtual city, offering 3.80% interest per year with one-tap saving. For consumers who want to grow savings with an engaging experience.
• TMRW Power Saver High-interest term deposit product with rates up to 6.00% p.a., tenure options of 1, 3, 4, 5, 9, or 12 months, no penalty fees for early withdrawal, and minimum placement of IDR 8,000,000. For consumers seeking higher-yield deposits.
• TMRW Credit Card Credit card offering up to 6% cashback across eight spending categories (restaurants, supermarkets, transportation, salon/beauty, electronics, hotels, fashion, fuel), with Flexi Repayment installments of 3, 6, or 12 months. For consumers seeking rewards on everyday spend.
• TMRW Debit Card ATM/debit card for daily transactions with free 24/7 cash withdrawals (15 free withdrawals/month via ATM Bersama/Prima) and adjustable daily limits set in the app. For everyday account holders.
• Wealth (Mutual Fund Investment) Digital wealth management service enabling users to open investment accounts, complete risk profile assessments, and buy/sell/switch mutual funds (Reksa Dana) 24/7 from the app, with minimum transaction of Rp100,000. For consumers building investment portfolios.
• TMRW Digital Banking App Mobile-only digital banking application by PT Bank UOB Indonesia providing account opening, payments, savings, cards, and investments in a single app for Indonesian consumers.

Quantifiable outcome

• Up to 6.00% p.a. interest on Power Saver deposits
• +6 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability1 record

Feature8 records

Partnerships

Six partnerships are on record, tiered core.

• Lembaga Penjamin Simpanan (LPS)coreOthersDeposit insurance corporation participating in Indonesia's financial safety net. UOB Indonesia is a participating bank of LPS. Maximum guaranteed savings per customer per bank is Rp 2 billion. Important regulatory partnership for customer deposit protection.
• Otoritas Jasa Keuangan (OJK)coreOthersFinancial Services Authority - Indonesian regulatory body overseeing banking and financial services. UOB Indonesia is licensed and supervised by OJK and Bank Indonesia.
• Bank IndonesiacoreOthersCentral Bank of Indonesia - regulatory authority overseeing monetary policy and banking supervision. UOB Indonesia operates under supervision of Bank Indonesia.
• BI-FastcoreTechnology or IntegrationIndonesia's instant payment infrastructure operated by Bank Indonesia. TMRW integrates with BI-Fast to provide free real-time interbank transfers to customers.
• QRIScoreTechnology or IntegrationStandardized QR code payment system in Indonesia. TMRW supports QRIS transactions enabling customers to scan and pay at any QRIS-enabled merchant nationwide.
• PT KSEI (Kustodian Sentral Efek Indonesia)coreTechnology or IntegrationCentral Securities Depository providing Single Investor Identification (SID) numbers for mutual fund investors. TMRW Wealth feature integrates with KSEI for digital account opening and investment transactions.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Emerging players

• DANA: One of Indonesia's leading e-wallets with rapidly expanding financial services including savings, investments, and pay-later. Comparable as a consumer fintech competing for the same daily-transaction wallet share in Indonesia.
• OVO: Major Indonesian e-wallet with growing financial services footprint, including lending and investments. Comparable as a payments-led consumer fintech in the Indonesian market.
• ShopeePay (Sea Group): E-wallet tightly integrated with Shopee Indonesia's e-commerce platform. Competes for daily payments and increasingly primary banking relationship with younger Indonesian consumers.
• GoPay (GoTo Financial): Indonesia's largest e-wallet, integrated within the Gojek super-app and expanding into savings and lending. Competes with TMRW for primary payments relationship with Indonesian consumers.

Broad incumbents

• Livin' by Mandiri: Mobile banking app of Bank Mandiri, one of Indonesia's largest state-owned banks. Comparable as a broad incumbent's digital channel competing for mass-market Indonesian consumers with similar payments, savings, and investment features.

Direct peers

• Bank Jago: Indonesian digital bank backed by GoTo and Commonwealth Bank of Australia, offering mobile-first savings, payments, and lending. Direct competitor for digital-native Indonesian consumers with similar ecosystem integrations.
• Blu by BCA: Digital banking app launched by Indonesia's largest private bank (BCA), targeting young mobile-first consumers. Comparable as an incumbent-bank-led challenger digital bank in the same Indonesian retail market.
• SeaBank Indonesia: Digital banking arm of Sea Group (Shopee) in Indonesia, offering high-yield savings and payments tightly integrated with ShopeePay. Comparable mobile-first consumer banking proposition leveraging an existing e-commerce/wallet user base.
• Jenius (Bank BTPN): Digital-only banking app from Bank BTPN serving Indonesian consumers with integrated savings, payments, and investment features. Closely comparable as a licensed-bank-backed mobile-first consumer banking platform targeting the same Indonesian demographic.

Regional players

• DBS digibank (Indonesia / Singapore): Regional incumbent bank's digital banking platform across Southeast Asia, including Indonesia. Comparable as a major regional bank leveraging its digital channel to compete for the same tech-savvy consumer segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/tmrwindonesia
• Facebookfacebook.com/tmrwindonesia
• Instagraminstagram.com/tmrwindonesia

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 TMRW Digital