US neobroker Robinhood Markets Inc (NASDAQ:HOOD) is continuing its international expansion march which has been a theme for the company throughout 2025. Robinhood announced that it has entered into agreements to acquire Indonesian brokerage PT Buana Capital Sekuritas, as well as licensed digital asset trader PT Pedagang Aset Kripto.

These acquisitions will mark Robinhood’s entry into Indonesia, accelerating its expansion across Southeast Asia and globally.

We had reported almost exactly a year ago that Robinhood was planning to expand in Asia from a new base in Singapore. And after taking steps to build out its business in the UK and EU, we reported exclusively earlier this year that Robinhood is applying for a Dubai DFSA license, hiring experienced CFDs industry executive Mario Camara as Senior Executive Officer of the new Robinhood MENA.

But back to Indonesia, with more than 19 million capital market investors and 17 million crypto investors, Robinhood said that the country is a compelling market for equities and crypto trading.

Patrick Chan, Head of Asia at Robinhood said,

“Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood’s mission to democratize finance for all. We look forward to bringing Indonesians the same innovative services that have earned the trust of Robinhood customers globally.”

Pieter Tanuri, the majority owner of Buana Capital and PT Pedagang Aset Kripto, will stay on as a strategic advisor to Robinhood.

Following the acquisition of Buana Capital, Robinhood will continue to serve its brokerage customers with Indonesian financial products. Over time, the company said it hopes to also offer Robinhood brokerage and crypto trading products and connect Indonesian customers to US equities, cryptocurrencies, and more at scale.

Each acquisition is subject to customary closing conditions, including approval from the Indonesian Financial Services Authority (Otoritas Jasa Keuangan, OJK) and other regulatory approvals. Both deals are expected to close in the first half of 2026.

About Robinhood Markets, Inc.

Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood, through its subsidiaries, lets you trade stocks, options, futures (which includes event contracts), and crypto, invest for retirement, earn with Robinhood Gold, and access an expert-managed portfolio with Robinhood Strategies. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors.