Transfez

Active

Brex for small businesses in Indonesia

Winter 2022Founded 202050 peopleJakarta, Jakarta, Indonesia

www.itsjack.com ↗See on the Idea Map Fintech momentum

From their website

as of Jun 7, 2026www.itsjack.com ↗

API/InfraSubscription · 1,000 free transfers per month for Business Banking; other pricing not disclosed on the page; live FX rates and fees shown before confirmation (no hidden fees concept mentioned).

Jack is Indonesia's payment infrastructure platform that enables businesses to manage payments, disbursements, and international transfers through API or portal. It emphasizes real-time local and international transfers built on banking infrastructure with multi-currency FX at payout time.

Jack offers two access modes: (1) API for platforms moving money at scale, including API Disbursement and API FX Disbursement (single-call FX conversion and disbursement, multi-currency funding, real-time webhooks, and no prefunding) and (2) a portal for SMBs that need transfers without integration (local transfers to 140+ banks/e-wallets 24/7, international transfers to 70+ countries, and business banking with a real bank account under the company name). The platform claims real-time local rails, real-time FX at payout, and coverage across Indonesian banks and major e-wallets, with transparent pricing before confirming transfers.

Who it’s for: Fintechs, Enterprises, SMBs, and Portal Solutions customers in Indonesia needing salary, supplier payments, cross-border transfers, and payment infrastructure.

Features

Real-time disbursement and local transfers
API-based disbursement to 140+ banks/e-wallets
FX disbursement and multi-currency funding
Single-call FX to disburse
No prefunding required
Company name on every payout
Portal for SMBs with no integration needed

Explicit mention of partnerships with large licensed banks and real banking rails; references to 0+ companies/banks/e-wallets and 24/7 real-time operations; ISO/BI and regulatory license details; 2026 copyright line suggests ongoing operations.

Founders · 2

Edo WindratnoFounder

Cofounder & CEO @Transfez

LinkedIn ↗

Bondan HerumurtiFounder

CTO of Transfez. I’ve been on tech industry from 2010, being a witness the rise of Groupon. Starting as developer on Web Technology CSS 2.0, and watch the scene moving toward mobile. Infrastructure growing from bare metal, cPanel until a modern containerization and now AI. For me it always been fascinating to become a part of tech community moving very fast from an era to another era.

LinkedIn ↗X ↗