Ikhsan Ramdan, in the 2020 outlook disclosure, has ensured that the company will bag Series B Funding next year.

LinkAja, established by the State-Owned Lenders Association (Himbara), is targeting “mass and aspirant” market which is defined as the underbanked and unbanked segment looking at e-money as a solution for daily needs.

The company has acquired 40 million registered users per November 2019 and aims for doubling its business growth by next year.

In the transportation line, LinkAja is now available in Gojek, Grab, Bluebird, Commuter Line, Damri, KAI Access, and soon to be available in MRT Jakarta.

“We’re still in the growth stage, and need funding to expand. Direction from our shareholder is to be open with private partners. It can be through partnership or capital injection,” Ikhsan Ramdan said.