<ul><li>Superbank, the Indonesian digital bank owned by Emtek Group, is integrating with OVO, a digital wallet backed by Grab, to expand its ecosystem and broaden its financial service offerings.</li><li>Superbank has raised over 5 trillion rupiah ($308 million) from investors, including a recent 1.2 trillion rupiah ($74 million) investment from Grab, Singtel, and KakaoBank in July 2024.</li><li>Superbank plans to deepen its relationship with Grab, leverage the expertise of Singtel and KakaoBank, and explore collaborations with Emtek and Bukalapak in the future.</li><li>Despite facing competition, Superbank aims to achieve profitability within the next two years, fueled by its product launches, growing customer base, and innovative offerings.</li></ul>

Grab-backed Superbank Adds OVO to Ecosystem, Eyes 2026 Profitability

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