Tag "Allianz X"

WeLab and Astra Finalises 99% Stake Acquisition in Indonesia’s Bank Jasa Jakarta

Hong Kong digital bank WeLab and Indonesian conglomerate Astra International have completed their acquisition of commercial bank Bank Jasa Jakarta (BJJ) after receiving regulatory approval. The acquisition was led by WeLab-led consortium’s WeLab Sky which is backed by investors such

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WeLab Raises US$75 Million in Funding Round Led by Allianz

Hong Kong-based virtual bank WeLab announced that it has completed the initial close of Series C-1 funding led by Allianz X for US$ 75 million. Allianz X is the digital investment unit of the Germany-based Allianz Group, one of the

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