Bisnis.com, JAKARTA – The new rules issued by the Financial Services Authority (OJK) provide new clarity regarding the process of establishing a digital digital bank. A number of people think that the regulation will provide a red carpet for big companies and tycoons to set up digital banks.
As for this year, according to news among market players, there are a number of giant company names that want to take part in the digital bank business. These companies are even ready to annex or acquire a number of existing banks to be transformed into digital banks.
One of those company names is Ovo. The digital wallet corporation created by the Lippo Group has been linked to Indonesian bank companies several times. In this case, Ovo is indicated to be targeting a number of banks for investment or even acquisition.
The first news emerged from PT Bank Capital Indonesia Tbk. (READ). In April, it was widely reported that BACA would be taken over by Grab through OVO, which carries the flag of a limited liability company. In fact, OVO people have been ‘transferred’ to Net Capital which is a digital business line that will become the shell of the digital bank BACA.
The business tracked at least 35 new tech-savvy people who entered Net Capital. Of that number, as many as 17 people have ‘schooled’ in Grab and OVO.
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