JAKARTA - BTN and PT Mandiri Capital Indonesia (MCI) have officially collaborated through a strategic partnership in BTN Fund. The cooperative was signed on Wednesday, January 8, 2025.
This cooperation is designed to encourage the growth of BTN's main business through investment in start-up companies that can provide technology-based solutions. The targeted business sectors include housing, construction, financial services and banking, software, and Environmental, Social, and Governance (ESG).
"This collaboration with BTN respects with MCI's strategy to encourage economic growth, especially in strategic sectors that are also the priority government programs, including Housing, Strengthening MSMEs, Digital Economy, and ESG," said Ronald S. Simorangkir, President Director of MCI BTN Fund prioritises risk management principles and confidence in the investment process, paying attention to start-up companies' business fundamentals and financial performance.
"BTN hopes that the formation of BTN Fund can help BTN to have strategic partners in the form of Fintech, Proptech, or Startups in AI and operations that can support the development of the housing and financial ecosystem," said Setiyo Wibowo, Director of BTN Risk Management.
This collaboration claims with BTN's vision and mission to become the leading partner in the financial empowerment of Indonesian families.
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