What Bank Jago is, in 2026
Indonesian digital full bank, OJK-licensed (originally Bank Artos, founded 1992; rebranded to Jago in 2021). IDX-listed (ARTO). GoTo Group strategic stake.
Safety and regulation
Direct OJK full-bank licence; LPS member with IDR 2,000,000,000 per-depositor cover.
Who Bank Jago is for
Use Bank Jago if: you're an ID resident already inside the GoTo (Gojek + Tokopedia) super-app ecosystem. Use Mandiri/BCA digital arms if you prefer legacy distribution.
How it stacks up.
K Bank 78
KDIC
Korea's first Internet-Only Bank to launch (April 2017) — predates Kakao Bank by three months. KT Corporation (Korea Telecom) is the largest shareholder, providing carrier-bundled distribution and ASEAN remittance corridors via Wirebarley. The cash-settlement counterparty for Upbit, Korea's largest crypto exchange — exposure to crypto-cycle deposit flows. Listed on KOSPI in 2024 after two shelved IPO attempts.
Kakao Bank 78
KDIC
Largest Korean digital bank by user count (~24M). Public on KOSPI since 2021. Deep integration with KakaoTalk messenger — distribution moat. Mini Stock fractional investing is a strong consumer-investing entry point.
Toss Bank 78
KDIC
Korea's third internet-only bank. Viva Republica subsidiary — operates inside the Toss super-app (~25M users). Full KFSC licence since 2021; KDIC cover. The mobile-app-native counterpart to Kakao Bank.