WELAB AND ASTRA COMPLETE THE ACQUISITION OF BANK JASA JAKARTA
WeLab, a pan-Asian FinTech platform, announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia’s largest public companies. The Financial Services Authority’s granting of acquisition permission serves as a sign of completion (OJK). WeLab-led consortium Welab Sky Limited (WeLab Sky),