Amar Bank

Digital bank in Indonesia

Amar Bank is among Indonesia's most technologically advanced digital banks, operating Tunaiku, which was the country's first fintech product, and it was the first Indonesian bank to run on the cloud. It became the first profitable digital bank in the market and is listed on the Indonesian Stock Exchange — profitability being the unusual part, since most digital banks reach scale long before they reach margin. Amar Bank operates as a technology company holding a banking licence — acting like a fintech while thinking like a bank — and traces its origins to a Surabaya bank founded in 1991.