Fintech 2026

INDONESIA Trends and Developments

Trends and Developments Contributed by: Vik Tang, Michelle Virgiany, Almira Tengku, Ruth Ginting and Ryu Wirjadi Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer have worked togeth - er to deliver to clients an unrivalled combination of first-class local and international legal knowledge in Indonesia for 25 years. Global and local companies and financial institutions rely on the firms as trusted legal advisers to navigate the legal, regulatory and business challenges of working in Indonesia, South - east Asia’s largest economy. Advising on many of Indonesia’s ground-breaking transactions and pro -

jects and represented clients in complex disputes, investigations and regulatory matters, the Indonesian qualified partners in Hiswara Bunjamin & Tandjung’s Jakarta office are complemented by experienced international partners and counsel on long-term se - condment from Herbert Smith Freehills Kramer. The Jakarta-based lawyers also work closely with spe - cialist lawyers from across the Herbert Smith Free - hills Kramer global network.

Authors

Vik Tang is a partner at Herbert Smith Freehills Kramer on long-term secondment to Hiswara Bunjamin & Tandjung. He heads our Indonesia corporate practice and focuses on cross-border M&A, with extensive

Almira Tengku is a senior associate at Hiswara Bunjamin & Tandjung. She advises on corporate and M&A matters in Indonesia, with a particular focus on financial services and fintech. Her transactional experience

experience in the financial services, fintech, TMT and real estate sectors. He specialises in public and private M&A, private equity and joint ventures, and has broad experience in cross-border transactions involving the UK, Europe, the Middle East and Asia, with particular specialisation in Indonesia. Vik is fluent in Bahasa Malaysia and has a good working knowledge of Bahasa Indonesia (both spoken and written).

includes M&A and internal restructurings, and she advises clients on Indonesia’s regulatory framework, licensing requirements, and compliance. Mira is admitted to practise in Indonesia and is a member of the Indonesian Advocates Association (Peradi).

Ruth Ginting is an associate at Hiswara Bunjamin & Tandjung who specialises in Corporate and Merger & Acquisitions. She advises

Michelle Virgiany is a corporate lawyer on secondment to Hiswara Bunjamin & Tandjung from Herbert Smith Freehills Kramer. She focuses on the financial services and technology sectors, with extensive

corporations and investors on public and private mergers and acquisitions in a broad range of sectors including financial sector, real estate and TMT (Technology, Media and Telecommunications).

experience in both transactional and advisory work. Michelle’s practice spans both transactional and advisory work in the financial services and technology sectors.

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