logo mnc kapital
logo mnc kapital

BCAP’s Motion Digital Receives OJK & BI License

12 October 2022

Jakarta, 12 October 2022

PT MNC Kapital Indonesia Tbk (BCAP or the Company), part of PT MNC Asia Holding Tbk (BHIT or MNC Group), has received the approval from the Financial Services Authority (OJK) and Bank Indonesia (BI), to consolidate its transactionbased financial services under the Company’s newly formed subsidiary, PT Motion Digital Technology (Motion Digital).

With the approval, OJK has given permission to transfer 48.99% shares of PT Bank MNC Internasional Tbk (BABP or MNC Bank) and 99.99% shares of PT MNC Sekuritas (MNC Sekuritas), which was previously directly owned under BCAP to be consolidated into Motion Digital. Similarly, BI has given permission for the 99.99% share transfer of PT MNC Teknologi Nusantara (MTN) to Motion Digital. Motion Digital can immediately initiate corporate action, to strengthen the synergy between MotionBanking, MotionTrade, MotionPay, and Flash Mobile. This integration and synergy is believed to be able to attract many investors, including private equity, hedge funds, startup investors, and other financial institutions to invest in Motion Digital.