Transaction · Neobank · 2025

Superbank IPO 2025

Indonesian Stock Exchange acquired Superbank for $168M on December 1, 2025.

Target
Superbank
Acquirer
Indonesian Stock Exchange
Deal value
$168M
Announced
December 1, 2025
Sub-sector
Neobank

Transaction overview

  • Indonesian Stock Exchange announced the acquisition of Superbank on December 1, 2025 for $168M.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Digital bank backed by major Indonesian and regional investors (Emtek, Singtel, Grab, Kakao) raised capital and went public with strong first-day trading performance.

Deal terms & multiples

Deal value
$168M
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 1, 2025
Acquirer
Indonesian Stock Exchange (Strategic)
Sub-sector
Neobank

Frequently asked questions

How much did Indonesian Stock Exchange pay for Superbank?

Indonesian Stock Exchange acquired Superbank for $168M, announced on December 1, 2025.

When did Indonesian Stock Exchange announce the acquisition of Superbank?

Indonesian Stock Exchange announced the acquisition of Superbank on December 1, 2025.

What sub-sector is Superbank in?

Superbank is tracked in the Neobank sub-sector.

Sources