SBI Holdings Secures 20% Stake in Indonesia's Ajaib Group to Expand Digital Asset Footprint Across Asia
SBI Holdings has executed a strategic investment in Ajaib Group, operator of one of Indonesia's largest online investment platforms. Through a subsidiary, SBI acquired a 20% stake in Ajaib, converting the Jakarta-based fintech firm into an equity-method affiliate. Ajaib Group began as an online brokerage and