On October 3, 2023, PT VENTENY Fortuna International Tbk. (the Company) and Tribun Sumsel, the leading online media in South Sumatra, embarked on a new phase in their strategic collaboration through the enthusiastic signing of a Memorandum of Understanding (MoU) in Palembang, South Sumatra. The ceremony coincided with the Festival Politik Sumsel 2023.
The objectives of this agreement include a strategic collaboration to support the growth of Micro, Small, and Medium Enterprises (UMKM) in South Sumatra and the utilization of the VENTENY Employee Superapp for managing the Employee Benefits program for Tribun Sumsel’s employees.
PT VENTENY Fortuna International Tbk., a leader in providing financing solutions for UMKM in Indonesia, sees Tribun Sumsel as a strategic partner to further engage with UMKM players in the region.
In addition to prioritizing financing for UMKM, VENTENY introduces other services and products, such as the VENTENY Employee Superapp. This app offers a 10% discount for non-cash transactions using the V-Merchant payment method with no limits. Furthermore, it provides features for employees to access emergency funds (V-Nancial), easy access to various healthcare services (V-Health), and technology-based education features (V-Academy).
In the event titled “Festival Politik Sumsel: Peluang Cuan di Masa Pemilu,” Tribun Sumsel featured Damar Raditya, Chief Operating Officer (COO) of Group VENTENY. During the event, COO Group VENTENY Damar Raditya highlighted the financing opportunities that VENTENY can offer to UMKM for business development during the election period.
Damar stated that VENTENY is present to provide solutions for UMKM. However, VENTENY does not distribute financing directly to individuals, instead collaborating with associations to ensure stricter selection and faster dissemination. Associations can suggest members who have established sound financing policies through this process. It is necessary to have a selective policy for selection due to the potential risks of financing defaults.
The event took place at the Atrium OPI Mall Palembang, South Sumatra, and involved enthusiastic UMKM players. Damar Raditya conveyed inspirational and strategic thoughts regarding opportunities that arose during the election period.
“We are very enthusiastic and committed to being more actively involved in supporting the development of UMKM in South Sumatra. Collaboration with Tribun Sumsel is crucial in providing better financing solutions for UMKM players while expanding our reach,” said Damar Raditya, COO of Group VENTENY.
With the signing of the MoU and Damar Raditya’s presence as a speaker, the event created positive momentum in building a strong synergy between PT VENTENY Fortuna International Tbk. and Tribun Sumsel. Both parties are confident that their collaboration will have a significant positive impact on the growth and development of small- and medium-sized enterprises (UMKM) in the South Sumatra region.