WeLab / PT Bank Jasa Jakarta 2021
WeLab acquired PT Bank Jasa Jakarta on December 7, 2021.
- Target
- PT Bank Jasa Jakarta
- Acquirer
- WeLab
- Announced
- December 7, 2021
- Sub-sector
- Neobank
Transaction overview
- WeLab announced the acquisition of PT Bank Jasa Jakarta on December 7, 2021.
Strategic rationale
Acquire Indonesian bank to expand digital banking services and establish WeLab's second digital banking platform in Southeast Asia.
Deal terms & multiples
Sources
- verdict.co.uk /welab-indonesia-fintech/