Robinhood Expands Southeast Asian Presence with Indonesian Deals
Date: 2025-12-09 Author: Oliver Abernathy Categories: BUSINESS
US-based Robinhood announced agreements that will pave the way for it to enter one of the region's most dynamic markets – Indonesia. These agreements include the acquisition of brokerage firm Buana Capital Sekuritas and cryptocurrency service PT Pintu Aset Kripto. These moves are part of a larger plan to strengthen its presence in Southeast Asia, where interest in investing continues to grow rapidly.
Indonesia is of particular interest to Robinhood: according to local regulators, the country has over 19 million stock market participants, and the number of crypto investors exceeds 17 million. The company views this market as a promising area for implementing its long-term strategy aimed at simplifying access to financial instruments for retail investors.
Following the completion of the acquisition, Buana Capital will maintain its focus on Indonesian financial products. In the next phase, Robinhood plans to gradually integrate its own services. These include access to US stocks, as well as cryptocurrency instruments, which are actively used by the company's clients in other countries.
Robinhood's Head of Asia, Patrick Chan, noted that Indonesia is one of the fastest-growing investment markets in the world. He stated that the company's development in this area is fully consistent with its mission to make financial services more accessible and understandable to a wider audience.
Furthermore, the agreements state that Peter Tanuri, the main shareholder of Buana Capital Sekuritas and PT Pintu Aset Kripto, will continue to work with Robinhood as a strategic advisor. This decision should ensure a smoother integration and help adapt the new instruments to the specifics of the local market.
Both transactions are subject to standard regulatory approval. The main body required to approve them is the Indonesian financial regulator, OJK. The approval process is expected to be completed in the first half of 2026, after which Robinhood will be able to fully enter the Indonesian market.
Robinhood previously announced plans to expand its product line, including the launch of a derivatives trading platform focused on prediction markets. The new acquisitions in Indonesia are a logical continuation of this strategy and confirm the company's commitment to strengthening its global presence.
