How Aspire's Credit Solution Helped This Financial API Platform Achieve 50 Million Transactions
December 16, 2025
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| Company | Founded | Company size | Founder |
|---|---|---|---|
| Ayoconnect | 2016 | 51-200 | Jakob Rost, Chiragh Kirpalani, Adi Vora |
| Industry | Case study focus | Country | Website |
|---|---|---|---|
| Startups | Expense Management | Indonesia | https://www.ayoconnect.id/ |
Choosing Aspire as their ideal partner in business finance has given the Ayoconnect team easy access to working capital to support their growing customer base of over 1,000 clients across the globe.
Company
In just five years, Ayoconnect has grown to become Indonesia’s largest application programming interface (API) platform. The company’s goal is to build an underlying infrastructure that enables seamless interactivity between stakeholders, enabling product managers and developers to launch financial white-label products to their end-users in a quick and easy manner.
Challenge
With a predominantly offline financial technology infrastructure in Indonesia along with an increased working capital gap, Ayoconnect took matters into its own hands and created a solution that would tackle this growing problem. But fast-growing companies like theirs still needed that extra financial push that will enable them to continue building their solutions and meeting the expectations of their customers.
Solution
“Building a technology infrastructure that solves our customer’s problems reliably and allows us to scale quickly takes a lot of resources. As a fast-growing company, we experienced a working capital gap that can be solved by working with Aspire.”
Jakob Rost
CEO and Co-Founder of Ayoconnect
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