Retail Asia07/12/2021
2min0
Hong Kong-headquartered virtual lender WeLab has acquired Indonesia’s PT Bank Jasa Jakarta as part of broader expansion plans across Asia. A WeLab-led consortium Welab Sky raised $240 million which will be used to fund the transaction to acquire the Indonesian commercial bank, according to a statement, with J.P. Morgan acting as its financial advisor. Welab Sky […]