Daily Markup

Daily Markup #909: Bibit gives back to the community with IDR40M donation to children with special needs

January 22, 2024 · 1 min read
Photo credit: VOI

Investing in children’s futures

  • In Indonesia, there are approximately 2.2 million children with disabilities. Of that, just over 12% receive formal education.
  • That’s why 500-backed investment app Bibit partnered with investment management company PT Majoris Asset Management (Majoris) to donate IDR40M (US$2,500+) to Bhakti Luhur Foundation, which focuses on the rehabilitation of children with special needs.
  • “Bibit’s involvement in the program is a manifestation of the company’s commitment to making a positive contribution to the community,” shared Product Marketing Lead, Olivia Budiono.
  • The app is currently used by nearly 5 million investors in Indonesia, and the team is committed to continuously innovating to provide the best services to its users in more than 500 cities across the country.
  • In 2023, the company introduced Bibit Plus to make the purchase of Fixed Rate (FR) Government Bonds easier for the entire community. The Indonesian government guarantees 100% of both principal and coupon payments for FR Bonds.
  • Get the full story here.
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