JAKARTADAILY.ID – Bank DBS Indonesia in collaboration with Modalku, a digital funding platform for MSMEs in Indonesia, provides financing of Rp 100 billion in the form of channeling for Indonesian Micro, Small and Medium Enterprises (MSMEs).
Director of Institutional Banking Group PT Bank DBS Indonesia Kunardy Lie revealed, this collaboration realizes the aspirations of Bank DBS Indonesia in reaching MSMEs, a segment that has not been touched by Bank DBS Indonesia.
"In the future, we want to work with more third parties to build a digital ecosystem in line with our commitment to continue to accelerate financial inclusion in Indonesia," he said.
In addition, specifically designed to answer the needs of MSMEs, DBS IDEAL simplifies and speeds up the corporate banking transaction process.
DBS IDEAL allows customers to make transactions anytime and anywhere, tracking transactions in real-time, transparently and informatively.
"So, MSME actors can focus on the important thing, namely developing the business itself," he added.
Having a mission aligned with Bank DBS Indonesia, Modalku aims to create a more inclusive and innovative financial world by supporting cash flow management for business operational needs and connecting potential MSMEs with lenders.
Modalku Co-Founder & CEO Reynold Wijaya added, for the six years running since 2016, the Modalku Group has disbursed funding of Rp 34.89 trillion in five countries in Southeast Asia, namely Indonesia, Malaysia, Singapore, Thailand and Vietnam.