PT Bank Jasa Jakarta has officially rebranded as PT Bank Saqu Indonesia, following its milestone of surpassing 2.5 million users.

The rebranding was announced on 28 May 2025 at a ceremony held at Menara Astra in Jakarta, attended by executives from Bank Saqu, Astra Financial, and WeLab.

The move follows a major acquisition completed in September 2022, in which WeLab and Astra each acquired a 49.56% stake in Bank Jasa Jakarta, becoming joint majority shareholders.

WeLab Group, a Hong Kong-based digital bank operator, and Astra Financial, a subsidiary of PT Astra International Tbk, aim to develop Bank Saqu into a fully digital bank leveraging WeLab’s technology and Astra’s nationwide ecosystem.

Bank Saqu is focused on serving Indonesia’s growing base of solopreneurs—individuals managing their own businesses or side ventures.

Its offerings include customisable savings pockets, automated savings tools, and community-based savings products tailored to this segment.