Indonesian digital financial institution Superbank has introduced a further funding of IDR 1.2 trillion (US$73.3 million) from its shareholders, Seize, Singtel, and KakaoBank.
This funding goals to help Superbank’s efforts in enhancing providers and innovating merchandise to cater to the varied monetary wants and life of its prospects.
Just lately, Superbank grew to become the first financial institution in Indonesia to allow thousands and thousands of Seize customers and companions to open accounts, save, and make funds immediately by means of the Seize app while not having extra purposes.
The continued help from these key business gamers, together with Emtek Group, is predicted to considerably bolster Superbank’s progress and its function in driving sustainable growth in Indonesia’s underbanked communities.
Emtek holds the biggest share in Superbank at 34.58%, adopted by Seize’s PT Kudo Teknologi Indonesia with 21.29%, Singtel Alpha Investments Pte Ltd with 18.93%, and KakaoBank with 10%.
Tigor M. Siahaan
Tigor M. Siahaan, President Director of Superbank stated,
“The continued help from Seize, Singtel, and KakaoBank extends past funding, as additionally they contribute their superior expertise, insights, and community property to assist speed up our progress.
This extra funding will strengthen us in increasing inclusive monetary providers and accessible financing for extra underbanked retail prospects and MSMEs in Indonesia.”
Neneng Goenadi
Neneng Goenadi, Nation Managing Director of Seize Indonesia stated,
“Seize understands the significance of delivering digital banking applied sciences with numerous progressive options which are simply accessible and might help customers handle their funds higher.
Seize’s ongoing help for Superbank reinforces our shared dedication in enhancing monetary inclusion throughout Indonesia.”
Featured picture: (Left to proper) Sutanto Hartono, Managing Director of EMTEK; Alex Hungate, COO of Seize; Adi W. Sariaatmadja, President Commissioner of SCM; Tigor M. Siahaan, President Director of Superbank; Neneng Goenadi, Nation Managing Director of Seize Indonesia; Alvin Sariaatmadja, CEO of EMTEK; Gan Siok Hoon, Managing Director of Singtel; and Yoon Ho Younger, CEO of KakaoBank.
