Photo credit: Superbank

Superbank, the Indonesian digital bank backed by Grab and Singtel, has introduced a new savings feature called Celengan. Accessible through its app, the product lets users automatically save a set amount of money every day.

With the feature, which means “piggy bank” in Bahasa Indonesian, users can start saving with as little as US$0.07 a day. The virtual piggy bank will automatically “break” once it reaches US$333.