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Digital banking: Sea buys Indonesian bank BKE

Digital banking: Sea buys Indonesian bank BKE
News Highlights: Digital banking: Sea buys Indonesian bank BKE
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In today’s major digital banking news, Singapore-based tech startup Sea has reportedly purchased Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE), while credit union service organization (CUSO) PSCU has extended its payment processing partnership with Fiserv. In addition, Vietnam’s MoMo has won $ 100 million from a collection of six investors.
Singapore Tech Startup Sea buys Indonesian bank BKE
Sea, the Singaporean tech upstart, has reportedly bought PT Bank Kesejahteraan Ekonomi (Bank BKE) from Indonesia for an amount that has not been disclosed. Sea now has full control of the bank following the purchase of shares through its subsidiary Turbo Cash Hong Kong. Shares have reportedly been purchased from current investors PT Koin Investama Nusantara Ltd. and PT Danadipa … ....

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Singapore's Sea acquires Indonesian bank to gain foothold in financial tech

Singapore’s Sea Ltd, the tech startup that’s become Southeast Asia’s most valuable company, has acquired Indonesia’s PT Bank Kesejahteraan Ekonomi, according to people familiar with the matter. ....

Hong Kong , Jakarta Raya , Koin Investama Nusantara , Turbo Cash Hong Kong Ltd , Facebook Inc , Holdings Inc , Paypal Holdings Inc , Singapore Telecommunications Ltd , Pt Bank Jago , Indonesia Pt Bank Kesejahteraan Ekonomi , Singapore Sea Ltd , Sea Ltd , Southeast Asia , Kesejahteraan Ekonomi , Artha Indonesia , Investama Nusantara , Grab Holdings Inc , Singapore Telecommunications , ஹாங் காங் , ஜகார்த்தா ராய , டர்போ பணம் ஹாங் காங் லிமிடெட் , முகநூல் இன்க் , ஹோல்டிங்ஸ் இன்க் , பேபால் ஹோல்டிங்ஸ் இன்க் , சிங்கப்பூர் தொலைத்தொடர்பு லிமிடெட் , ட் வங்கி ஜாகோ ,