THECRYPTO.WATCH – MNC crypto business is an effort to expand its business from Fintech to crypto assets. It’s currently in the process of obtaining permits.
MNC crypto business is a maneuver for PT MNC Kapital Indonesia Tbk to form a new business unit. In 2022, the financial business holding has focused on developing a digital ecosystem.
MNC Crypto Business for Digital Ecosystems
The company is in the process of developing a complete digital ecosystem. Therefore, MNC crypto business is carried out through an expansion process as well as collaboration with third parties.
BCAP is a holding company that oversees several financial entities, including: PT Bank MNC Internasional Tbk, MNC Finance, MNC Security and a number of property companies.
For organic expansion, it has been developed with P2P lending and is based on artificial intelligence. Meanwhile, for the formation of new business units, there are securities crowdfunding, venture capital and crypto sectors.
As for the non-organic expansion, virtual services for Visa and Mastercard have been developed. In this service, cooperation has been established with the Ministry of Cooperatives and SMEs for digital financing.
In addition, there is a collaboration with PT Pos Indonesia to be able to reach financial services in remote areas. As well as for cross-selling cooperation and digital financing distribution with independent P2P.
The Purpose of Establishing a New Business Unit
The permit itself is estimated to be completed by the end of this year. The establishment of this new business unit is in the hope that it will give maximum contribution.
With this new unit, the company will create synergies with alternative products and new services for customers. The following are some digital products that can unite the plan to form a digital ecosystem :
· MotionBanking
· MotionPay Products
· MotionTrade
· Flash Mobile
So that everything can be integrated with PT Motion Digital Technology with the motion digital brand . The reason behind the consolidation is to create maximum synergy. Be it MB, MP, MT and FM will be able to attract more investors.
In addition, the community will also get the maximum benefit. Because, they can carry out daily transactions and easily manage the financial needs of the community.
The existence of MNC crypto business does not only provide benefits to corporations, but also benefits the community. In addition to investors, who will be more interested, the community will be helped in managing their finances.
