Ribbit Capital completed an investment in Bank Jago.

Ribbit Capital, an investment firm, completed an investment in Bank Jago, an Indonesia-listed technology-based bank. Financial terms were not disclosed. "We are witnessing a revolution in digital banking around the world. Bank Jago is the first fully digital bank in Indonesia and has made tremendous progress towards growing digital banking services for Indonesians. Bank Jago’s commitment to serve Indonesia’s consumers with the best digital banking and fintech products matches global peers and we look forward to participating in this journey," Micky Malka, Ribbit Capital Managing Partner.