Bank Saqu Indonesia Overview
- Year Founded
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1984
- Status
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Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$262M
Bank Saqu Indonesia General Information
Description
Provider of digital banking services designed to support the financial management and productivity needs of Indonesian solopreneurs and other individual customers. The company's platform offers app-based access to everyday banking features, integrated financial products from a large multi-sector corporate ecosystem, connectivity with investment and payment services, and digital channels backed by advanced technology and regulatory oversight, providing individuals, freelancers, and small business owners with accessible account management, safer transactions, and more efficient handling of day-to-day personal and business finances.
Contact Information
Website
www.banksaqu.co.id(Operating Subsidiary)
Corporate Office
- Jalan Tiang Bendera III Number 26 - 32
- Jakarta, 11230
- Indonesia
Corporate Office
- Jalan Tiang Bendera III Number 26 - 32
- Jakarta, 11230
- Indonesia
Bank Saqu Indonesia Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 19-Sep-2022 | $262M | Completed | Generating Revenue | ||
| 2. Later Stage VC | Completed | Generating Revenue | ||||
| 1. Corporate | 06-Dec-2021 | $240M | $240M | Completed | Generating Revenue |
Bank Saqu Indonesia Comparisons
Industry
Financing
Details
Bank Saqu Indonesia Competitors (2)
One of Bank Saqu Indonesia’s 2 competitors is Bank Rakyat Indonesia, a Corporation company based in Jakarta, Indonesia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Bank Rakyat Indonesia | Corporation | Jakarta, Indonesia | ||||
| Bank CIMB Niaga | Corporate Backed or Acquired | Jakarta, Indonesia |
Bank Saqu Indonesia Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Bank Saqu Indonesia Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alpha JWC Ventures | Venture Capital | Minority | ||
| Gobi Partners | Venture Capital | Minority | ||
| IBG Capital | Venture Capital | Minority |
Bank Saqu Indonesia FAQs
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When was Bank Saqu Indonesia founded?
Bank Saqu Indonesia was founded in 1984.
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Where is Bank Saqu Indonesia headquartered?
Bank Saqu Indonesia is headquartered in Jakarta, Indonesia.
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What industry is Bank Saqu Indonesia in?
Bank Saqu Indonesia’s primary industry is Regional Banks.
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Is Bank Saqu Indonesia a private or public company?
Bank Saqu Indonesia is a Private company.
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What is the current valuation of Bank Saqu Indonesia?
The current valuation of Bank Saqu Indonesia is .
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What is Bank Saqu Indonesia’s current revenue?
The current revenue for Bank Saqu Indonesia is .
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How much funding has Bank Saqu Indonesia raised over time?
Bank Saqu Indonesia has raised $240M.
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Who are Bank Saqu Indonesia’s investors?
Alpha JWC Ventures, Gobi Partners, and IBG Capital have invested in Bank Saqu Indonesia.
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Who are Bank Saqu Indonesia’s competitors?
Bank Rakyat Indonesia and Bank CIMB Niaga are competitors of Bank Saqu Indonesia.
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When was Bank Saqu Indonesia acquired?
Bank Saqu Indonesia was acquired on 19-Sep-2022.
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Who acquired Bank Saqu Indonesia?
Bank Saqu Indonesia was acquired by Astra International and WeLab Holdings.
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