PT Aino Indonesia

PT Aino Indonesia specializes in innovative mobility payment solutions, enhancing transaction efficiency across sectors like public transportation and tourism, with a range of technologies that streamline payment processes. Established in 2006 in Yogyakarta, Indonesia, PT Aino Indonesia focuses on providing comprehensive payment solutions for mobility services. The company has engaged in 3 deals, with its most recent funding round completed on June 8, 2022, raising USD 4. 000 mn from TIS Inc.

The founder's background is not disclosed, and there are no mentions of subsidiaries or pivots in the business strategy. Aino Indonesia offers a wide array of mobility payment solutions aimed at facilitating seamless transactions across sectors, particularly in public transportation, tourism, and parking services. Key products include the Acasia Mobility Solution for non-cash payments in public transport, the Airis E-Ticketing System for efficient ticket purchasing, and the Agathis Ticketing Aggregator for managing ticket sales. These solutions support both virtual and physical e-money transactions, enhancing customer convenience through various payment methods such as QRIS and server-based systems, primarily serving clients within Indonesia.

The revenue model at Aino Indonesia relies on transaction-based fees, service subscriptions, and partnerships within the mobility payment sector. The company collaborates with public transport agencies, retailers, and tourism operators to implement their solutions, facilitating various transactions like e-ticket sales and non-cash parking services. Their flagship Acasia Mobility Solution employs a partnership model that promotes revenue sharing based on transaction volumes, ensuring a consistent income stream from both B2B and direct-to-consumer interactions, while their pricing structures cater to diverse client needs. Following the funding round on June 8, 2022, PT Aino Indonesia plans to enhance the digitalization of transportation payments in Southeast Asia.

The company aims to expand into new markets and domains, specifically targeting Mobility as a Service (MaaS) and Park and Ride solutions. The recent funding will be utilized to support this digitalization effort and facilitate expansion into additional service areas.