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MNC Kapital Held MotionBanking Launching and MotionPay Rebranding Ceremony Within 10 Days of Digital Onboarding License Approval

3 June 2021

Jakarta, 3 June 2021 – Within less than two weeks, PT Bank MNC Internasional Tbk (“BABP” or “MNC Bank”), a subsidiary of PT MNC Kapital Indonesia Tbk (“BCAP” or “MNC Kapital”), launched its digital banking application under the name MotionBanking. At the same occasion, PT MNC Teknologi Nusantara (“MTN”) rebranded its e-money, e-wallet, and digital remittance app, SPIN, to become MotionPay. The interconnectedness of both names is a strategic decision made by MNC Kapital to maximize market penetration and promotion, aligned with the digital integration under BCAP.

MotionBanking and MotionPay are the two featured digital products that will be the backbones for MNC Kapital’s growth.