Jakarta, August 26, 2024 – PT VENTENY Fortuna International Tbk (VTNY) announced a revenue increase of 49% in the first half of 2024, recording IDR 87.9 billion during the Public Expose Live (Pubex Live) event held by the Indonesia Stock Exchange (IDX) on August 26, 2024. This event served as a strategic moment for VENTENY to share the latest developments and successes achieved during the first half 2024.
In the financial report for the first half of 2024, VENTENY recorded a significant increase in revenue across its various business segments. B2B Financial Services, from productive funding, contributed 57% of total revenue, reaffirming the company’s position as a key partner for businesses and MSMEs in meeting their financial needs. During this period, VENTENY successfully distributed funding with a total value of IDR 611 billion, reflecting strong trust from the public and business partners in the financial services offered by the company. Various parties, including the trust of banks in the company, supported the revenue increase. Throughout the first half of 2024, VENTENY collaborated with Bank Amar, Bank Danamon, Bank Mayapada, and Bank MNC.
On the other hand, VENTENY’s B2B2E Employee Super App continued to show strong performance, contributing 24% of the overall revenue, reflecting the success of this platform in providing comprehensive and innovative employee welfare solutions. Currently, VENTENY has established itself as a trusted employee welfare service provider by many large companies and organizations in Indonesia, such as the PERTAMINA Group, Kopel Bulog, Waskita Precast, SOMPO Insurance, Artotel Group, and many others. Additionally, the development of information technology contributed 19% to total revenue.
Jun Waide, Founder, and Group CEO of VENTENY, emphasized the company’s commitment to continuously delivering innovative and sustainable digital financial solutions in his remarks at Pubex Live. “We are very excited about the achievements we have made up to Q2 2024, but our journey is still long. VENTENY is committed to driving sustainable business growth through innovation and collaboration with our strategic partners. We believe that continuously strengthening our ecosystem, VENTENY will provide greater added value for all stakeholders, including customers, business partners, and the wider community.”
This success was also supported by many strategic partnerships with various VENTENY partners spread across several regions in Indonesia, established throughout 2024, ranging from government to other private sectors. In the future, VENTENY is determined to continue this growth by remaining focused on providing holistic financial solutions and meeting the needs of a dynamic market. With a well-prepared strategy and support from solid partners, VENTENY is optimistic about continuing to be a leader in Indonesia’s productive funding and employee welfare sectors.
