Indonesia’s tech scene saw fresh momentum today, with digital lender Bank Jago leading the headlines. The company reported profits more than doubling in the first nine months of 2025, fueled by a jump in interest income from increased app usage. This growth highlights Bank Jago’s strong position in Southeast Asia’s expanding digital economy, where fintech is driving cashless adoption and helping millions access banking services amid economic challenges. It matters because it shows how Indonesian startups are scaling up, potentially attracting more investors to the region’s $4.5 trillion opportunity by 2045.

Building on this, Australia announced a Rp13 billion investment through its IPPIN program to support innovative plastic waste reduction efforts in Indonesia. This funding targets tech-driven solutions to cut pollution, a pressing issue in Southeast Asia’s largest economy. Why it stands out: Indonesia generates massive plastic waste, and such international backing could accelerate homegrown startups in sustainability tech, fostering job creation and environmental progress without relying solely on local resources.

In related opinion pieces from The Jakarta Post today, experts emphasized the role of investors like Danantara in nurturing Indonesia’s next tech giants by prioritizing long-term growth over quick exits. Another piece called on the country’s youth—often seen as a demographic bonus—to engage more politically and shape the digital narrative. These views underscore a shift toward sustainable innovation, but they remain commentary rather than hard news, so their impact depends on real-world follow-through.

Shifting to consumer tech, PlayStation launched its 11.11 Power Deals for Southeast Asia starting October 31, offering discounts on PS5 consoles, accessories, and games. Announced just two days ago, this move taps into the region’s booming gaming market, which could boost digital entertainment startups tied to e-commerce and content creation.

What to watch for next: Keep an eye on Bank Jago’s full-year results and any expansion announcements, as well as how Australia’s waste initiative spawns new Indonesian startups. Upcoming events like AI Innovation Asia in December could reveal more cross-regional tech collaborations.