Bank Jago
Also a provider — view Bank Jago’s profile →“Can a digital bank become the default financial layer under Indonesia's super-app ecosystem?”
Founded1992
HQJakarta, Indonesia
ValuationIDR 33,532B market cap (public, ARTO.JK)
IndustryFintech / Neobank
The story
Founded in 1992 as PT Bank Artos Indonesia, a small commercial bank, Jago was acquired and rebranded in 2020 by investors including Gojek/GoTo and Jerry Ng to become a digital-first neobank. It leveraged deep integration with Indonesia's leading super-app ecosystem (GoPay, GoBiz) and investment app Bibit to distribute banking to Gojek's driver base and consumers. Jago is now one of Indonesia's leading digital banks, competing with SeaBank (Shopee), Bank Neo Commerce (Akulaku), and Allo Bank.
Last 12 months
Product timeline
0
Launched Jago app with Saving/Spending/Locked/Shared/Giveaway Pockets.· banking
0
Integrated with Indonesian digital ecosystem partners including GoPay, GoBiz, and Bibit (investing).· banking
0
Launched Jago Syariah for Islamic-compliant digital banking.· banking
1992
Founded as PT Bank Artos Indonesia.· banking
2016
IPO on Indonesia Stock Exchange (ticker ARTO).· ipo
2020
Rebranded to PT Bank Jago Tbk and relaunched as a digital-first bank.· pivot
2026
Enabled inbound cross-border foreign currency transfers for freelancers, migrant workers, and creators.· banking
Regulated entities
3
regulatory licences held by Bank Jago
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
6 layers disclosed in Bank Jago’s embedded-finance stack
Payments / PSP
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
FX & payouts
in the full report
Investing
in the full report
Accounting gap: none
8 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.