This initiative is designed to drive BTN’s core business growth by investing in startups that offer technology-driven solutions. The fund will focus on sectors such as housing, construction, financial services, banking, software, and Environmental, Social, and Governance (ESG).

Driving Economic Growth Through Strategic Investments

According to Ronald S. Simorangkir, CEO of MCI, this collaboration aligns with MCI’s broader strategy to support economic growth in key strategic sectors, particularly those prioritized by the Indonesian government, including housing, MSME empowerment, digital economy, and ESG.

"With the combined strengths of BTN and MCI, we are confident that this partnership will drive innovation and foster an inclusive and sustainable digital ecosystem in Indonesia," Ronald stated in an official release on January 9, 2025.

The BTN Fund will create investment opportunities for startups that add value to BTN’s business ecosystem, supporting the bank’s transformation and digitalization efforts. The investment process will prioritize risk management and prudence, ensuring that startups meet strong business fundamentals and financial performance criteria before investment decisions are made.

Strengthening BTN’s Financial Ecosystem

Setiyo Wibowo, Director of Risk Management at BTN, emphasized that the BTN Fund will help the company establish strategic partnerships with fintech, proptech, and startups in AI and operational technology—key players in enhancing the housing and financial ecosystem.

"This initiative aligns with BTN’s vision of becoming the leading financial partner for Indonesian families. Beyond mortgage financing, BTN aims to serve a comprehensive range of financial needs, solidifying its position as a major player in the industry," he stated.

Through BTN Fund, BTN and MCI are taking a proactive step toward fostering technological innovation, strengthening Indonesia’s financial ecosystem, and driving long-term economic impact.