Good News! Superbank Officially Listed on the Indonesia Stock Exchange

Kapanlagi.com - The digital financial world in Indonesia has received major news. PT Super Bank Indonesia Tbk or Superbank has officially listed on the Indonesia Stock Exchange with the stock code IDX: SUPA. This step marks a new chapter in Superbank's journey as a bank with continuously evolving digital services that are increasingly relevant to the needs of today's society.

Supported by major names such as Grab, Emtek, Singtel, KakaoBank, and GXS, Superbank presents a vision of increasingly reliable, transparent, and secure digital banking services for customers. This initial public offering (IPO) is not just a formality but an important momentum to strengthen the capital structure while opening opportunities for the expansion of digital financial services to a wider reach.

Superbank set the initial public offering price at Rp635 per share and released 4.4 billion new shares, equivalent to 13% of the paid-up and fully paid capital after the IPO. Through this corporate action, Superbank successfully raised funds of Rp2.79 trillion, which will be used to support business expansion and strengthen the company's digital banking capabilities.

According to the prospectus, about 70% of the IPO proceeds will be used as working capital to strengthen credit distribution to the underbanked segments, both retail and MSMEs, areas that are the main focus of Superbank's growth. Meanwhile, about 30% will be allocated for capital expenditures, including the development of funding and financing products, digital payment systems, information technology infrastructure, strengthening operational systems, as well as long-term investments in AI, data analytics, and cybersecurity.

"Today's stock listing opens a new chapter in the Journey of Trust of Superbank. This journey began with the trust given by OJK to Superbank to transform into a bank with digital services that has a mission to serve the underbanked segment, reinforced by the confidence of shareholders, which is further solidified by the trust of millions of customers using our services. As a public company, we are committed to continuously maintaining and growing that trust, while also expanding access to financial services for more Indonesians, "Superbank For All," said Tigor M. Siahaan, President Director of Superbank.

1. Ecosystem-Based Growth and Product Innovation

Since the beginning of the transformation into a bank with digital services, Superbank has focused on the strength of a digital-first business model that leverages the digital ecosystems of Grab and OVO, to reach millions of Indonesians by being present directly on the platforms they already use and trust. This strategy began in 2024 by becoming the first digital service bank in Indonesia that provides convenience for millions of users and Grab partners to open accounts, save, and use those accounts as a payment method directly in the Grab app without needing to download additional applications. This continued in 2025 with the innovation of ecosystem-based savings products, OVO Nabung by Superbank, an e-wallet account product that allows millions of OVO users to save instantly and securely directly from their OVO app with an interest rate of 5% per year, as well as Kartu Untung, a gamified savings product resulting from collaboration with KakaoBank.

The execution of this ecosystem-based strategy has proven successful and has had a real impact. Superbank has been able to build credibility, accelerate adoption, and simplify the banking experience in users' daily lives. Since the launch of the digital app in June 2024, Superbank has served more than 5 million customers, with engagement levels continuously increasing. This momentum is reflected in the average growth of daily transaction numbers, which increased by more than 40% in the third quarter of 2025 compared to the previous period, with over 1 million transactions processed each day.

Going forward, Superbank will strengthen the synergy of the Grab–OVO and Emtek digital ecosystems in Indonesia, as well as the support of other strategic shareholders, namely Singtel, KakaoBank, and GXS. This combination of technological capabilities, ecosystem reach, and regional banking experience further strengthens Superbank's position in providing more inclusive, relevant, and sustainable financial services for the Indonesian people.

2. About Superbank

PT Super Bank Indonesia Tbk (Superbank) is a digital banking service supported by Grab, Emtek, Singtel, KakaoBank, and GXS with over 5 million customers. In December 2025, Superbank began a new chapter as a public company through the listing of its shares on the Indonesia Stock Exchange (IDX: SUPA).

With a mission to expand credit access for retail customers and MSMEs, Superbank empowers its users through innovative solutions and strong collaborations within one of the widest ecosystems in the industry. Superbank's commitment to security is demonstrated through ISO 27001 certification, ensuring international standards in information security.

3. Shareholder Statement of Superbank

Neneng Goenadi, CEO of Grab Indonesia, stated, "Grab welcomes the initial public offering of Superbank on the Indonesia Stock Exchange as an important milestone in our joint efforts to expand access to safe, inclusive, and affordable financial services for millions of users, driver partners, and MSMEs in Indonesia. With Superbank's integrated digital banking capabilities in the Grab and OVO apps, we see an increasing opportunity to responsibly leverage technology and data to provide relevant savings and financing solutions for the underbanked segment, while also strengthening Indonesia's digital economic growth in the long term. Grab will continue to support Superbank in maximizing the strength of our ecosystem to drive innovation and sustainable growth."

Alvin W. Sariaatmadja, President Director of PT Elang Mahkota Teknologi Tbk,
stated, "As part of Emtek's media and digital ecosystem, Superbank has an advantage in reaching and serving a broader community. The synergy of content, technology, and digital platforms within the Emtek ecosystem provides real added value for the development of Superbank's services. This stock listing reflects Superbank's readiness to grow sustainably with a strong governance foundation and solid ecosystem support."

Ang Hwee Huang, VP of Singtel and Director of Singtel Alpha, stated, "The success of Superbank's stock listing not only serves as evidence of the strength of innovation, digital propositions, and corporate leadership but also reflects confidence in its long-term growth potential. As a strategic investor committed to promoting financial inclusion and expanding capital access for underserved communities, we are proud to support Superbank and see its mission in transforming banking gaining momentum." We look forward to the continuation of this partnership as Superbank expands its business scale and accelerates innovation to provide safe and relevant financial services to more Indonesian people."

Hoyoung Yun, CEO of KakaoBank Corp., said, "KakaoBank will continue to strengthen its strategic partnership with Superbank and together build a brighter future for digital financial services in Indonesia."

Pei-Si Lai, Group Chief Executive Officer of GXS Bank, said, "We congratulate Superbank on its successful listing on the Indonesia Stock Exchange. As part of the regional digital bank network serving communities in Indonesia, Malaysia, and Singapore, Superbank's listing is an important step in our shared ambition to build a leading digital bank in Southeast Asia. With the support of a strong and complementary shareholder ecosystem, Superbank is well-positioned to play a strategic role in expanding credit access and driving banking innovation for the Indonesian people as it enters the next phase of growth."

Through this strategic move, we can see Superbank's seriousness in addressing the community's need for practical and technology-based banking services. With its official listing on the Indonesia Stock Exchange, Superbank is optimistic about continuing to deliver relevant innovations and financial solutions while strengthening its position amid the increasingly dynamic competition in the digital banking industry.

(kpl/prl/cvn)