Nobank
Nobank is a digital business banking platform for Indonesian small businesses, freelancers, and informal groups, enabling account opening in minutes without a formal business license. The platform supports real-time payments from all Indonesian banks, local and global invoicing, multi-cash accounts, and team collaboration with role-based permissions. Transfers cost a flat Rp2,000 per transaction with no monthly fees.
- Financial Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Small businesses, freelancers, and informal groups in Indonesia often struggle to open traditional business bank accounts due to lengthy paperwork, queueing, and requirements for formal business licenses. Once opened, these accounts typically come with monthly maintenance fees and limited real-time visibility into transactions, making cash management cumbersome.
Solution
Nobank is a digital business banking platform that enables users to open a business account within minutes, without needing a formal business entity. The platform supports real-time payment acceptance from all Indonesian banks, batch transfers, and global payments to vendors and teams abroad. Users can create professional local and global invoices, share one-click payment links, and organize funds into multiple sub-accounts by outlet, division, or program. Team members can be invited with role-based permissions, and all transactions are automatically categorized and tracked for transparent financial reporting.
Target Audience
Primary users are Indonesian small and medium businesses, online merchants, freelancers, and informal groups or communities that need a simple, joint bank account without formal business registration.
Features
- Account opening in minutes without business permits, with same-day activation
- Real-time incoming transfers from all Indonesian banks, backed by Bank Indonesia-licensed payment partners
- Local and global invoicing with real-time payment status tracking and funds directly into the business account
- One-click payment links and QR codes for customer payments without needing a website
- Multi-cash accounts for compartmentalizing funds by outlet, division, or program with transparent real-time tracking
- Multi-user support with customizable roles and permissions for collaborative team access
- Automatic transaction categorization, real-time expense tracking, and shareable financial reports via secure links
- Virtual debit cards with per-card spending limits for team subscriptions and online purchases
- Flat transfer fee of Rp2,000 per transfer to any Indonesian bank, with no hidden charges