Bank Mandiri has collaborated with Meratus Group and Modal Rakyat. Smart Financing is the outcome of a productive partnership, and it is anticipated to transform the financing scenario for logistics firms. This service will offer logistics businesses essential financial assistance, helping them increase and expand their operations. The launch of Smart Financing is expected to contribute to the growth and development of logistics, starting from Meratus’ customer ecosystem.
Read also – Qatar-based KARTY Secures Over $2Mn Funding
Bank Mandiri is increasing the country’s credit distribution by working with a number of digital businesses and Fintech P2P Lending. These three businesses will also look at extending their collaboration to ensure that the credit facility service is provided at the best possible level, as well as looking at further innovations aimed at advancing the commercial interests of Indonesian entrepreneurs.
Read also – Indonesia-based AC Ventures Closes US$210 Mn Fifth Investment Fund
“Bank Mandiri will support the working capital credit needs of Meratus Group customers, as well as support Meratus Group in improving relationships with customers and perfecting close-loop-ecosystem services ,” said Dippo at the launch of Smart financing funding at the Mandiri Club Jakarta.
Read also – Hong Kong-based FundPark Secures US$500 Mn From Goldman Sachs
Meratus Group CEO Farid Belbouab said this partnership was very important for the business progress of company clients who were hampered by shipping costs at his company. “Therefore, creating smart financing in one logistics ecosystem is a very appropriate solution for our clients,” said Farid Belbouab, CEO – Meratus Group.
Read also – Philippines-based BillEase joins forces with Razer Merchant Services
“We hope that this three-party partnership product innovation can be a solution for Meratus Group clients, which is in line with Modal Rakyat’s strategy this year, namely expanding its reach through strategic partnerships from various industries to help develop the economy in Indonesia,” said Modal Rakyat CEO Christian Hanggra.
Read also – Darewise, Animoca Brands Japan, and Honda Collaborates to co-develop Web3 Automotive Gameplay
About Bank Mandiri
Founded in 1998, Bank Mandiri is continuously seeking mutually beneficial business opportunities that create synergies, building alliances and strengthening businesses with and through subsidiaries, notably Mandiri Sekuritas in investment banking, AXA Mandiri Financial Services in insurance, Bank Syariah Mandiri in Sharia banking, Bank Sinar Harapan Bali in micro banking, and Mandiri Tunas Finance in multi-finance.
Read also –Zetrix Partners with Web3Labs and Summer Capital
