Company lists · Data refreshed September 2026

Top 13 Merchant banks based in Indonesia

RevenueBase identified 49 merchant banks headquartered in Indonesia as of September 2026 and tracks 1,545 professional contacts across them, including 320 with verified work emails. Jakarta is the largest hub.

This list covers merchant banks headquartered in Indonesia, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 17, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 17, 2026 86% judged on-target in blind review
49Companies
1,545Contacts tracked
320Verified emails
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The 13 largest merchant banks based in Indonesia

Ranked by team size
Top 13 of 49 merchant banks based in Indonesia, ranked by team size, largest first. Data refreshed Sep 17, 2026. RevenueBase Smart Search rates how each company's information relates to merchant banks: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceDki Jakarta, IndonesiaHQ checked Sep 17, 2026201-500493 contacts →

Indirect evidence

“BRI Danareksa Sekuritas was established for the first time under the name PT Danareksa Sekuritas on July 1, 1992, before officially become a subsidiary of PT Bank Rakyat Indonesia…”

Source: RevenueBase Database · checked Sep 17, 2026
2Indirect evidenceSouth Jakarta, IndonesiaHQ checked Sep 17, 2026201-500354 contacts →

Indirect evidence

“Established in May 1990, now Trimegah Securities is more than just one of the largest and fully integrated securities companies in Indonesia.”

Source: RevenueBase Database · checked Sep 17, 2026
3Indirect evidenceSouth Jakarta, IndonesiaHQ checked Sep 17, 202651-20075 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 17, 2026
4Indirect evidenceJakarta Pusat, IndonesiaHQ checked Sep 17, 202651-20070 contacts →

Indirect evidence

“Berlokasi di Jakarta, BCA Sekuritas merupakan penyedia jasa equity underwriting dan layanan terkait lainnya, termasuk equity capital market, debt capital market, riset, pembiayaan…”

Source: RevenueBase Database · checked Sep 17, 2026
5Indirect evidenceJakarta, IndonesiaHQ checked Sep 17, 202611-5031 contacts →

Indirect evidence

“PT Aldiracita Sekuritas Indonesia was established in 1990 as a securities company and member of Indonesia Stock Exchange.”

Source: RevenueBase Database · checked Sep 17, 2026
6Indirect evidenceJakarta Selatan, IndonesiaHQ checked Sep 17, 202611-5018 contacts →

Indirect evidence

“Fidelitas Advisors is Indonesia's family business advisory firm, helping founders and next-generation family members navigate governance, succession, and the intersection of…”

Source: RevenueBase Database · checked Sep 17, 2026
7Indirect evidenceJakarta Selatan, IndonesiaHQ checked Sep 17, 202611-5017 contacts →

Indirect evidence

“Graye is a platform of qualified advisors with extensive experience in merger and acquistion, fund-raising, restructuring and other related business and investment advisory.”

Source: RevenueBase Database · checked Sep 17, 2026
8Indirect evidenceJakarta, IndonesiaHQ checked Sep 17, 202611-5016 contacts →

Indirect evidence

“Panasean Investama is a boutique investment banking and financial advisory firm that is focused on the mid-market segment.”

Source: RevenueBase Database · checked Sep 17, 2026
9Indirect evidenceJakarta, IndonesiaHQ checked Sep 17, 202611-508 contacts →

Indirect evidence

“Triple A is a Private Investment company and Corporate Finance Advisory Services, committed to deliver the finest quality of financial strategic solutions for companies through…”

Source: RevenueBase Database · checked Sep 17, 2026
10Indirect evidenceJakarta, IndonesiaHQ checked Sep 17, 20261-107 contacts →

Indirect evidence

“DEAL KAPITAL is a financial advisory and restructuring firm that believe to find optimal balance in maximising value and mitigating risk.”

Source: RevenueBase Database · checked Sep 17, 2026
11Indirect evidenceJakarta, IndonesiaHQ checked Sep 17, 20261-107 contacts →

Indirect evidence

“Elmore is a corporate financing arranger with deals heavy in structured, special situations credit where traditional commercial bank & capital market are not/not-yet an option.”

Source: RevenueBase Database · checked Sep 17, 2026
12Indirect evidenceJakarta, IndonesiaHQ checked Sep 17, 2026201-5005 contacts →

Indirect evidence

“M&A Advisory| Debt restructuring| Financial & Tax Due Diligence| Accounting & Tax Services”

Source: RevenueBase Database · checked Sep 17, 2026
13Indirect evidenceJakarta, IndonesiaHQ checked Sep 17, 20261-103 contacts →

Indirect evidence

“Marvel is a boutique investment bank providing various type of financial advisory services which mainly focusing on corporate finance.”

Source: RevenueBase Database · checked Sep 17, 2026

Showing 13 of 49 merchant banks based in Indonesia

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Merchant banks based in Indonesia at a glance

As of Sep 17, 2026
20.7%Verified-email coverage
31.5Average contacts per company
11-50Median size (employees)
36.7%Largest-city concentration · Jakarta
Sep 17, 2026Page data refreshed

Companies by employee count

1-10
22
11-50
15
51-200
7
201-500
5

Email recency for this list is measured worldwide rather than for Indonesia, so it is reported there. Company counts and contact totals on this page are exact for Indonesia, over 49 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among merchant banks, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Indonesia whose own description of what they do matches “merchant banks”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names merchant banks), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among merchant banks, and records with no verified work email. Companies headquartered outside Indonesia are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 320 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 17, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names merchant banks, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many merchant banks are there based in Indonesia?

RevenueBase identified 49 merchant banks headquartered in Indonesia as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

BRI Danareksa Sekuritas, headquartered in Dki Jakarta Jakarta Pusat, tops this list with the largest team on record.

Which city has the most merchant banks?

Jakarta leads with 18 headquartered companies, followed by Dki Jakarta (9) and Jakarta Selatan (5).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 320 verified decision-maker contacts tracked across these 49 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 17, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.