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 WeLab's second digital banking platform in Southeast Asia.
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/