Heaptalk, Jakarta — Astra Financial and WeLab, through Bank Jasa Jakarta, have officially launched Bank Saqu at Jakarta (11/20) to provide an intuitive and versatile product that can be customized with up to 20 pockets to help customers manage their income and various necessities.
The launch of this banking company was presented by Astra’s President Commisioner, Prijono Sugiarto, President Director of Astra, Djony Bunarto Tjondro, Astra’s Director, Suparno Djasmin, Founder and Group CEO of WeLab, Simon Loong, Group COO of WeLab, Ernest Leung, President Director of Bank Jasa Jakarta, Leo Koesmanto, Board of Directors and Commissioners of Bank Jasa Jakarta and the Directors and Executives of the Astra Group and WeLab.
During the launch agenda, the Director of Astra, who also serves as the Director-in-Charge of Astra Financial, Suparno Djasmin, delivered, “The presence of Bank Saqu is a manifestation of our aspirations to provide excellent and leading financial services, especially in the retail and MSME segments. We will support, complement, and strengthen the Astra Group’s financial services ecosystem and increase financial literacy and inclusion in Indonesia.”
Furthermore, Suparno explained that every new Astra Group business is expected to contribute best to all stakeholders. Apart from that, every strategic move of the business unit is frequently directed and aligned with the company’s objective. For this reason, he looks forward to the Bank Saqu presence becoming a financial partner for the welfare of the society in Indonesia.
Meanwhile, the Founder and Group CEO of WeLab delivered, “We are very enthusiastic to launch the Bank Saqu as the second digital bank service of WeLab in Asia. The establishment of this digital bank aligns with our strategic focus on expanding our existence through the digital-based financial service in Hong Kong and Indonesia,”
In his further statement, Simon added that developing this digital banking system took six months, compared to similar services, which took 18-24 months due to its advanced technology.
This digital bank targets the rising generation, specifically solopreneurs in the archipelago, including small business owners, freelancers, and permanent employees with their side jobs. This segment is proactively looking for ways to grow, save, invest, and take loans for productive endeavors to achieve more positive things in the future.
Moreover, one study estimates that the archipelago will contain around 117 million solopreneurs by 2030. This study also predicted they would contribute to Indonesia’s GDP by up to 36% in 2030. However, the data also demonstrated that Indonesia’s solopreneurs frequently encounter numerous obstacles, including inconsistent income and complexity of financial management.
The President Director of Bank Jasa Jakarta, Leo Koesmanto, added, “Our service is created to redefine how Indonesian solopreneurs manage their finances individually and in business. By providing several different pockets of features in one application, they can manage strategically, allocate resources, and experience the growth of their business.”
As an innovative digital bank platform, Bank Saqu would continue to proffer adjusted products for its customers and focus on financial education and better experiences to empower individuals in their financial journey.
Translated by Syifa
