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Indonesia Digital Bank Superbank Plans Jakarta Stock Exchange IPO to Raise $200 Million to $300 Million at $1.5 Billion to $2 Billion Valuation, Superbank Investors Include Grab, Singtel & KakaoBank, Superbank Founded in 1993 as Bank Fama & Acquired by Indonesia Conglomerate Emtek Group in 2021
16th January 2025 | Hong Kong
Indonesia digital bank Superbank has been reported to be planning for a Jakarta Stock Exchange IPO to raise $200 million to $300 million at $1.5 billion to $2 billion valuation. Superbank investors include Grab, Singtel & KakaoBank. Superbank was founded in 1993 as Bank Fama, and was acquired by Indonesia conglomerate Emtek Group in 2021. Superbank – Superbank, formerly known as PT Bank Fama International that’s founded in Bandung in 1993, has undergone a transformative journey to become a digital-focused bank. In early 2023, Bank Fama officially transformed into Superbank and relocated its headquarters to Jakarta, with branch offices in Jakarta and Bandung. Superbank entered a new era when it became part of Emtek Group at the end of 2021, followed by Grab and Singtel in early 2022, and KakaoBank in 2023 as part of the consortium. As a new entrant in Indonesia’s digital banking landscape, Superbank is on a mission to enhance credit accessibility for retail and MSME customers, empower them with innovative solutions, and foster collaboration within one of the industry’s most extensive ecosystems. Emtek Group – PT Elang Mahkota Teknologi Tbk (EMTEK Group), established in 1983, has evolved from a personal computer services provider into a modern, integrated conglomerate with a diverse portfolio. Our primary business areas include Media & Digital, Healthcare, Technology & Digital Infrastructure, and Financial Services & Others.
“ Indonesia Digital Bank Superbank Plans Jakarta Stock Exchange IPO to Raise $200 Million to $300 Million at $1.5 Billion to $2 Billion Valuation, Superbank Investors Include Grab, Singtel & KakaoBank, Superbank Founded in 1993 as Bank Fama & Acquired by Indonesia Conglomerate Emtek Group in 2021 “
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Indonesia Digital Bank Superbank Plans Jakarta Stock Exchange IPO to Raise $200 Million to $300 Million at $1.5 Billion to $2 Billion Valuation, Superbank Investors Include Grab, Singtel & KakaoBank, Superbank Founded in 1993 as Bank Fama & Acquired by Indonesia Conglomerate Emtek Group in 2021
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