A super bank for the unbanked! A traditional bank acquired in 2021, Superbank (formerly known as Bank Fama) is one of Indonesia’s latest digital banks to raise funding.

They just raised an additional $73.2M (IDR 1.2T).

Investor check. Current shareholders Grab, Singtel, and Kakaobank put in $$$.

• Don’t forget, Grab also just invested $109M into SG-based GXS Bank.

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🪙 Multiple ways to save

They’re more than just a savings account for retail customers and MSMEs!

Saku. This allows you to set up a separate savings account for different financial goals like eating out expenses, saving for an important event or a gift for yourself.

Celengan. It helps users save by automatically deducting a fixed amount every day or deducts the spare change you have in your bank account into a separate savings account.

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💸 Power moves!

Grab’s investment brings more than just money. It also empowered the Superbank to be the first bank to gain access to millions of Grab users and partners to open savings accounts without ever needing to leave the app.

• Users can now enjoy 6% interest rates on their savings!

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🏦 What’s with the $$$?

They’ll level up their services and product innovations that help them convince more unbanked customers to start banking.