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.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire Indonesian bank to expand digital banking services and establish second pan-Asian digital banking platform following Hong Kong market entry.
Deal terms & multiples
Frequently asked questions
When did WeLab announce the acquisition of PT Bank Jasa Jakarta?
WeLab announced the acquisition of PT Bank Jasa Jakarta on December 7, 2021.
What sub-sector is PT Bank Jasa Jakarta in?
PT Bank Jasa Jakarta is tracked in the Neobank sub-sector.
Sources
- verdict.co.uk /welab-indonesia-fintech/