Automechanika Jakarta
Nusantara International Convention Exhibition (NICE), 24 – 27 September 2026
JAKARTA, Indonesia, Sept. 17, 2025 /PRNewswire/ -- During today's press conference, Messe Frankfurt announced the expansion of the Automechanika trade fair brand in Southeast Asia, highlighting Indonesia's advantages as an emerging economy with a robust automotive industry, the largest in Southeast Asia.[1] With a Cooperation Agreement signed between Messe Frankfurt and the Indonesian Automotive Parts & Components Industries Association (GIAMM) to organise the fair, the partnership leverages a combination of international and local resources, networks and expertise to advance the sector. Scheduled from 24 to 27 September 2026 at Jakarta's all-new Nusantara International Convention Exhibition (NICE), this inaugural event underscores the company's commitment to building trade platforms in high potential growth markets. The show expects to feature 350 exhibitors across 15,000 sqm of exhibition space.
"Messe Frankfurt's presence in Southeast Asia continues to expand in efforts to support new trade routes burgeoning across the region. In this regard, Automechanika Jakarta is an important addition to the company's Mobility & Logistics portfolio. Indonesia has strong potential, especially within the automotive supply chain; shifts in investment towards the country's manufacturing and logistics sectors emphasise its significance in the global supply chain", commented Mr Stephan Buurma, Member of the Board of the Management, Messe Frankfurt Group. He added: "We look forward to working alongside GIAMM and utilising their local expertise to further develop international trade in the region while uniting the Indonesian automotive market."
The company organises around 40 trade fairs serving the Mobility & Logistics sector. Automechanika Jakarta represents the company's second entry into Indonesia, following the successful launch of Asiabike Jakarta in 2023, as well as the achievements of other regional Automechanika shows in Kuala Lumpur, Ho Chi Minh City, and Shanghai. While Indonesian companies have had an active presence in Messe Frankfurt's 14 Automechanika brand events, this new addition aims to establish a prominent gateway into the country, opening opportunities for international trade, industry development, and information exchange to support the growth and advancement of the budding regional automotive supply chain.
Mr Hamdhani Dzulkarnaen Salim, Chairman of GIAMM, explained why the country is a prime location for such activities: "Indonesia is well-positioned to become a significant player in the global automotive supply chain over the coming years. As an emerging economy with government incentives supporting industry transformation and bolstering vehicle sales, this is a country full of opportunities. The establishment of Automechanika Jakarta is crucial in this sense, providing a much-needed platform to converge domestic and overseas markets. Sharing Messe Frankfurt's vision, we aim to foster local industry growth through this event by exposing domestic companies to best practices and valuable networks."
A Cooperation Agreement signed between Messe Frankfurt and GIAMM was witnessed by representatives from the Ministry of Industry of the Republic of Indonesia and the Ministry of Micro, Small, and Medium Enterprises of the Republic of Indonesia. Each ministry has expressed a strong endorsement of the fair, demonstrating their commitment to fostering the growth of domestic enterprises, trade, and industry transformation, which the fair will significantly contribute to.
Strong trade position makes way for a bright future in Indonesia
Indonesia has matured into a robust international trading partner by engaging in numerous trade agreements and playing a key role in regional partnerships. This status is further solidified by the expected announcement of the EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA) this month, which is poised to open-up trade and relationships with the European Union, creating opportunities for the development of the automotive industry.
The sector has generated international interest thanks to government incentives and an emerging middle class with increased purchasing power, among other factors. It is already the largest automotive market in Southeast Asia, with car sales projected to reach 900,000 units and motorcycle sales expected between 6.4 and 6.7 million units in 2025 according to the Association of Indonesia Automotive Industry (GAIKINDO) and the Association of Indonesian Motorcycle Industry (AISI) respectively.[2] Despite its recent rise as a global player, the country is already well established regionally, serving as a key Complete Built-Up (CBU) vehicle exporter, delivering more than 472,000 vehicles to over 100 countries under various major automotive OEMs in 2024.[3] The fair will present opportunities for international players to tap into this prosperous local market, and for domestic companies to make global connections for trade.
Automechanika Jakarta to engage all automotive players
Automechanika Jakarta engages participants from the entire automotive supply chain, including parts and components, electrics and electronics, accessories and customising, diagnostics and repair, digital solutions and services, tyres and wheels, body and paint, motorcycles, as well as automotive manufacturing and automation. In this context of growth, innovation, and promoting local industry development, the exhibition aims to empower, connect and offer interactive experiences to its array of participants.
To illustrate, fringe events are set to encourage networking and knowledge exchange aligned with the industry's direction like the Automotive Mobility Solutions Conference and the Supply Chain Collaboration Forum. Skills development will also be exemplified through the Tech & Skills Workshop with a range of targeted training exercises. Further to this, community engagement and celebrating automotive culture will be a focus of autoFEST@Jakarta, with a concert, drifting, and a car audio and modification competition, creating a rewarding experience for the entire automotive value chain, from OEMs to end-users.
In addition, the co-located Drive Expo Jakarta will showcase new car models in passenger, commercial vehicle and motorcycle sectors that are shaping Indonesia's automotive landscape.
Automechanika Jakarta is organised by Messe Frankfurt (HK) Ltd and Indonesian Automotive Parts & Components Industries Association (GIAMM). For more information, please email the organisers at autoasia@hongkong.messefrankfurt.com.
Other Automechanika events organised by Messe Frankfurt's Greater China offices include:
#automechanika #technology #aftermarket #automotive
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Background information on Messe Frankfurt
The Messe Frankfurt Group is the world's largest trade fair, congress and event organiser with its own exhibition grounds. With a workforce of some 2,500 people at its headquarters in Frankfurt am Main and in 29 subsidiaries, it organises events around the world. Group sales in financial year 2024 were around €775 million. We serve our customers' business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt's key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity. For more information, please visit our website at: www.messefrankfurt.com/sustainability
With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent). For more information, please visit our website at: www.messefrankfurt.com
Background information on The Indonesian Automotive Parts & Components Industries Association (GIAMM)
GIAMM, formerly known as AAPCOMI and GIAM, traces its history back to 1973 and has since evolved to focus on promoting the development and welfare of the automotive component industry in Indonesia. Rooted in the philosophy of Pancasila and the 1945 Constitution, GIAMM aims to foster international competitiveness within the industry. Through communication, consultation with government and institutions, and market expansion initiatives, GIAMM is dedicated to advancing the Indonesian automotive parts sector.
| [1] Investasi Otomotif Capai Rp 31,7 Triliun, BKPM Fokus Tarik Modal Asing, January 15, 2025, Kompas, https://qr.messefrankfurt.com/x5a15. Retrieved: July 2025 |
| [2] 10 Merek Teratas Penjualan Mobil Indonesia Dikuasi Jepang, Ada BYD, February 2025, Gaikindo, https://qr.messefrankfurt.com/Kdab6. Retrieved: September 2025 |
| [3] Indonesian Automobile Industry Data, Gaikindo, https://qr.messefrankfurt.com/R85e8. Retrieved: September 2025 |
[1] Investasi Otomotif Capai Rp 31,7 Triliun, BKPM Fokus Tarik Modal Asing, January 15, 2025, Kompas, https://qr.messefrankfurt.com/x5a15. Retrieved: July 2025
[2] 10 Merek Teratas Penjualan Mobil Indonesia Dikuasi Jepang, Ada BYD, February 2025, Gaikindo, https://qr.messefrankfurt.com/Kdab6. Retrieved: September 2025
[3] Indonesian Automobile Industry Data, Gaikindo, https://qr.messefrankfurt.com/R85e8. Retrieved: September 2025
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Growing in Southeast Asia: Messe Frankfurt partners with GIAMM on Automechanika Jakarta debuting in 2026
Growing in Southeast Asia: Messe Frankfurt partners with GIAMM on Automechanika Jakarta debuting in 2026
Led by Blockchain Capital, the funding will accelerate the expansion of PhotonPay's stablecoin-centric Financial OS, connecting stablecoin liquidity with global fiat networks to unlock digital assets for everyday corporate operations and cross-border settlement.
HONG KONG, Oct. 30, 2026 /PRNewswire/ -- PhotonPay today announced the closing of a $40 million Series C funding round led by Blockchain Capital, with participation from new investor SBI Group and follow-on investments from existing investors IDG Capital, GL Ventures, and Lightspeed Faction. Blacksheep Technology acted as exclusive financial advisor to PhotonPay on the transaction.
The new capital will support the expansion of PhotonPay's stablecoin-centric Financial Operating System (Financial OS), with investment focused on enhancing multi-asset wallet capabilities, expanding global card issuing, strengthening local clearing infrastructure in key markets, and developing an agent-ready financial execution layer.
As of August 2026, PhotonPay's annualized transaction volume reached US$65 billion. The company has secured 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia, and serves over 200,000 business customers across more than 200 countries and territories.
As stablecoins move beyond crypto-native use cases into corporate treasury, settlement and commercial spending, PhotonPay sees the next phase of global finance not as a choice between stablecoins and fiat currencies, but as the convergence of both. Its Financial OS connects on-chain liquidity with the banking, clearing and card networks businesses rely on for everyday operations.
"Moving money across borders in seconds means little if it still takes days to put that capital to work," said Lewison Chen, Founder and CEO of PhotonPay. "Stablecoins are accelerating global money movement, while local clearing and global card issuing connect that liquidity to local settlement and everyday business spending. Our Financial OS brings these capabilities together, making the underlying infrastructure far less visible to businesses, even as it becomes more essential than ever."
"At the same time, business software is becoming increasingly autonomous," Chen added. "AI is shifting financial workflows from people manually operating fragmented tools toward systems that understand business intent and coordinate execution across assets, accounts and financial rails. That creates the foundation for agentic commerce. Stablecoins change how money moves. AI changes how it gets put to work. But commerce is still what money is for."
Moving Money Across Assets and Markets
PhotonPay's Financial OS brings together multi-asset wallets, global money movement, foreign exchange, local clearing, and global card issuing through an integrated API-first architecture. This unified system gives businesses access to the financial capabilities they need to manage and deploy funds across markets.
Stablecoins sit at the core of this architecture. PhotonPay's multi-asset wallet connects stablecoin liquidity with fiat balances, integrating asset conversion, foreign exchange, and local clearing into a single connected workflow. This enables businesses to move funds across supported on-chain and traditional financial networks, turning digital asset liquidity into purchasing power for local payments and everyday corporate spending.
Supporting this dual-rail infrastructure is PhotonPay's established global financial network. Businesses can open local collection accounts in 17 key markets and receive funds in more than 60 currencies. On the payout side, the network supports over 100 payment routes across local clearing systems, bank transfers, and digital wallets, including payouts to 74 major local e-wallets. Approximately 97% of payout transactions reach recipients within hours or on the same day, with 68% arriving in real time.
Global card issuing extends these capabilities into programmable business spending. Through PhotonPay's APIs, businesses and platforms can issue virtual and physical cards, configure granular spending controls, and embed card payments directly into their software and automated workflows. Over the past 12 months, PhotonPay issued 4.4 million cards, up 275% YoY.
Beyond its first-party payment solutions, PhotonPay makes its infrastructure available through embedded finance, enabling technology platforms to natively integrate global accounts, payments, and card issuing into their own products. The company now serves more than 100 enterprise and platform partners, extending the reach of its Financial OS into industry-specific workflows.
From Financial Intent to Agentic Commerce
As AI agents assume active operational roles, financial infrastructure must evolve beyond API access to enable programmable, policy-governed execution. It requires systems capable of translating high-level instructions into coordinated financial actions, with deterministic controls governing how those actions are executed.
In May 2026, PhotonPay and Mastercard completed a live agentic payment demonstration using a tokenized PhotonPay card, validating AI-initiated transactions across existing global card networks.
Building on this milestone, PhotonPay is developing standardized financial interfaces designed for developers and AI agents. With planned support for the Model Context Protocol (MCP), PhotonPay aims to make account information, balances, card functions, and payments accessible as composable financial primitives, allowing AI agents to securely retrieve context and initiate financial workflows within defined authorization boundaries.
To govern this agent-ready layer, PhotonPay is developing a policy-based execution framework designed to enforce programmable authorization rules, spending limits, and transaction-level controls. The framework is intended to enable AI agents to coordinate financial tasks across supported accounts and assets, while ensuring that execution remains subject to explicit, enforceable policies set by businesses.
PhotonPay is also advancing its AI-assisted risk review capabilities, designed to identify complex cases for human assessment. Together, these initiatives reflect a foundational principle of autonomous finance: AI may interpret intent and coordinate tasks, but financial execution must remain governed by verifiable authorization, deterministic controls, and auditable records.
"Connecting financial networks is only the beginning. The real breakthrough is abstracting that complexity behind a unified, programmable financial layer, so businesses and AI agents can move from intent to execution within clearly defined boundaries," said Chen.
Simple on the Surface, Deep by Design
The promise of a Financial OS is simplicity: enabling businesses to manage assets, route money, and execute payments through a unified financial operating layer. Yet delivering that simplicity requires deep financial infrastructure beneath the surface.
While stablecoins accelerate borderless value transfer, turning that liquidity into local settlement, supplier payments, and corporate spending still depends on established banking relationships, domestic clearing rails, foreign exchange infrastructure, and global card networks. Each market brings its own regulatory and operational requirements.
For PhotonPay, building a Financial OS means abstracting these fragmented global networks into a programmable, interconnected financial system. The objective is not to eliminate financial complexity, but to manage it within the underlying infrastructure, so businesses can operate without having to navigate these systems themselves.
"AI can simplify how businesses interact with financial services, but it cannot replace the infrastructure required to deliver them," said JP Pi, Chief Compliance Officer at PhotonPay. "Establishing local financial capabilities takes years of investment, institutional partnerships, and regulatory engagement. Software or AI models alone cannot replicate that depth. The simplicity businesses experience is the result of that heavy lifting, not a substitute for it."
PhotonPay has engineered a financial foundation spanning both stablecoin and fiat rails, connecting multi-asset conversion with local clearing networks. Institutional partnerships with J.P. Morgan, Standard Chartered, and DBS, alongside connections to domestic payment systems such as Brazil's Pix and Mexico's SPEI, form the backbone of this network.
The new capital will enable PhotonPay to strengthen its local clearing and compliance infrastructure in existing markets while expanding into new jurisdictions, scaling the reach of its Financial OS across corporate spending, embedded finance, and agentic commerce.
"Businesses want one provider that can handle their payments across currencies and markets, whether they're using bank transfers, stablecoins or cards. Lewison and his team have spent a decade building the banking relationships, licenses and local payment infrastructure to deliver that. We believe PhotonPay's ability to bring these capabilities together gives it a strong advantage as businesses adopt stablecoins for everyday payments." - BCAP，Yuanhan Li，Partner
"As stablecoins become increasingly integrated into global payment systems, bridging digital assets with traditional financial infrastructure will be essential to unlocking their real-world potential. PhotonPay's established global payment network and its vision for a stablecoin-centric Financial OS align closely with SBI Group's strategy to advance digital financial infrastructure and expand the practical adoption of digital assets. We look forward to supporting PhotonPay's continued growth and exploring opportunities for strategic collaboration across the SBI Group ecosystem." - Eiichiro So, CEO & Managing Director of SBI Ven Capital
About PhotonPay
Founded in Hong Kong in 2015, PhotonPay is a global fintech company building a next-generation, stablecoin-centric Financial Operating System (Financial OS). Its API-first architecture brings together multi-asset wallets supporting stablecoins and fiat currencies, global money movement, foreign exchange, global card issuing, embedded finance, and local clearing infrastructure, connecting digital and traditional financial rails within an integrated financial system.
PhotonPay operates 16 offices worldwide, employs nearly 600 people, and holds 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia. The company serves businesses across more than 200 countries and territories.
For more information, visit www.photonpay.com.
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PhotonPay Raises $40M Series C to Scale Its Stablecoin-Centric Financial OS
