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Amartha Initiates Coalition to Advance Financial Health for Grassroots Communities in Indonesia

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The coalition, titled the Indonesian Coalition for Financial Health, was officially launched on June 4 at the Asia Grassroots Forum 2026 and initiated by Amartha together with partners.Fully supported by Her Majesty Queen Máxima of the Netherlands in her role as the United Nations Secretary-General’s Special Advocate for Financial Health (UNSGSA), the coalition will drive the implementation of financial health through research, innovation hubs, and cross-sector collaboration platforms.

JAKARTA, Indonesia, June 5, 2026 /PRNewswire/ — Amartha Financial (Amartha), together with Women’s World Banking, Center for Financial Inclusion at Accion, Mastercard Center for Inclusive Growth, CERISE+SPTF, SME Finance Forum (SMEFF), KUMPUL, Beenext, and Koalisi Ekonomi Membumi (KEM) officially launched the Indonesian Coalition for Financial Health (ICFH). This cross-sector coalition aims to strengthen the financial health agenda for grassroots communities in Indonesia.

This strategic initiative has received full support from Her Majesty Queen Máxima of the Netherlands in her capacity as the United Nations Secretary-General’s Special Advocate for Financial Health (UNSGSA), with a representative of Queen Máxima attending the launch ceremony. The coalition’s membership, comprising a diverse range of domestic and global stakeholders, reflects a shared commitment to unlocking the potential of grassroots communities to grow inclusively and sustainably.

Launched alongside The 2026 Asia Grassroots Forum, ICFH brings together a diverse group of domestic and global stakeholders, reflecting a shared commitment to advancing the economic potential of grassroots communities in Indonesia through inclusive and sustainable growth.

“Financial inclusion has advanced significantly, but access doesn’t guarantee financial health. As a member of the Indonesian Coalition for Financial Health, we’re committed to the rigorous research and cross-sector collaboration needed to drive stronger financial health outcomes for Indonesia and beyond,” said Jayshree Venkatesan, VP of Consumer Protection and Strategic Industry Engagement, from the Center for Financial Inclusion at Accion.

During UNSGSA Queen Máxima’s official country visit to Indonesia in November 2025, she visited Amartha clients in Central Java to hear about how Amartha’s products and services have improved their financial health and helped foster the growth of their MSMEs. She also spoke with Amartha leadership about the importance of gathering partners to scale financial health initiatives across Indonesia and the region, particularly in underserved communities.

“Through ICFH, we hope that the financial inclusion paradigm can evolve beyond access and focus more on resilience and well-being as tangible outcomes, particularly for the needs of grassroots communities, including women-owned MSMEs in rural areas and other underserved groups,” said Aria Widyanto, Head of the Secretariat of the Indonesian Coalition for Financial Health. To date, Amartha has served more than 3.9 million women entrepreneurs in rural areas. This support helps partners build financial resilience, grow their businesses sustainably, and participate more actively in the household economy.

Subhasini Chandran, Senior Vice President, Social Impact, APEMEA, Mastercard Center for Inclusive Growth, added, “Financial inclusion has traditionally been measured by how many people have access to financial services. As the global middle class continues to grow, we must ensure that this access leads to usage and resilience, which creates more opportunities for growth. This coalition and set of partners will play an important role in strengthening the financial health agenda for grassroots communities in Indonesia, and aligns well to Mastercard’s newest commitment to connecting and protecting 500 million people and small businesses on their pathways to financial health.” 

In its implementation, ICFH will focus on three key priorities. First, Research & Evidence Generation, which involves developing a knowledge base and data on financial health that is relevant to the Indonesian context, gender-sensitive, and grounded in the realities of grassroots communities. Second, the Financial Health Innovation Hub, a collaborative platform to design, test, and scale inclusive financial innovations such as alternative credit scoring, open finance, embedded finance, and community-based financial services. Third, the Convening Platform, a cross-sector collaboration forum aimed at aligning agendas, building commitments, and driving concrete actions for inclusive growth.

ICFH will also develop several strategic initiatives, ranging from the Grassroots Financial Alliance to expand access to microfinance products among rural and women’s communities, and Research & Shared Metrics to measure financial resilience, preparedness, and recovery, to Innovation Labs that serve as spaces for developing and scaling innovative models and solutions. The coalition will further promote Practitioner Learning & Peer Exchange and encourage a shift in narrative from asset accumulation alone toward financial readiness, life security, and economic resilience rooted in the lived experiences of women.

Through ICFH, Amartha and its partners aspire to become a global reference point in developing a financial health ecosystem that is relevant, collaborative, and sustainable. This initiative is also expected to strengthen the role of grassroots communities, particularly women-owned MSMEs, as an integral part of a more inclusive economic development agenda in Indonesia and across the region.

About Indonesian Coalition for Financial Health

The Indonesian Coalition for Financial Health (ICFH) is a joint initiative that brings together government institutions, the private sector, financial institutions, fintech companies, civil society organizations/NGOs, academics, investors, and global partners to strengthen the financial health of grassroots communities. ICFH focuses on financial health research, innovation incubation, the development of shared frameworks, and cross-sector collaboration to empower underserved communities, including women, micro-entrepreneurs, and smallholder farmers, in achieving sustainable financial well-being.

About Amartha Financial

Established in 2010 and known under the “Amartha” brand, Amartha Financial (PT Amartha Financial Group and its subsidiaries) provides comprehensive digital financial services designed to address the needs of communities and women-led MSMEs in more than 50,000 villages across Java, Sumatra, Kalimantan, Sulawesi, and Bali Nusra, through the AmarthaFin application.

Amartha Financial comprises PT Amartha Mikro Fintek, a licensed productive financing provider; PT Amartha Warbler Finance, a licensed cash financing provider, both licensed and supervised by the Financial Services Authority (OJK); as well as PT Amartha Finansial Asia, a licensed electronic money provider (e-money) licensed and supervised by Bank Indonesia.

Through AmarthaFin, users can access working capital financing services, digital payments, PPOB, zakat distribution, as well as investment features that connect rural communities with national and global investors.

To date, Amartha has disbursed more than IDR 47 trillion in business capital to more than 4 million women-led MSMEs, to strengthen micro-entrepreneurship, create jobs, and drive more inclusive economic growth in Indonesia.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/amartha-initiates-coalition-to-advance-financial-health-for-grassroots-communities-in-indonesia-302792611.html

SOURCE Amartha Financial

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POST HOUSE REPORTS 88% YEAR-OVER-YEAR REVENUE GROWTH AS DEMAND FOR LUXURY WELLNESS EXPERIENCES ACCELERATES IN THE HAMPTONS

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Luxury fitness and content platform surpasses 40,000 annual client visits, records 139% attendance growth, and explores strategic expansion opportunities beyond Sag Harbor

SAG HARBOR, N.Y., June 5, 2026 /PRNewswire/ — Post House, the Sag Harbor-based fitness studio, content platform, and experiential wellness destination founded by celebrity trainer Walter Savage and Emmy Award-winning filmmaker Geno McDermott, today announced significant year-over-year growth across revenue and attendance, reflecting continued demand for premium fitness, wellness, and lifestyle experiences in the Hamptons.

Since opening its flagship location, Post House has established itself as a destination for performance-driven training, community experiences, premium content creation, and brand partnerships. The company reported 88% year-over-year revenue growth and 139% year-over-year attendance growth, driven entirely through organic demand without paid customer acquisition. The company recorded more than 40,000 client visits over the past year at its Sag Harbor flagship, which has attracted a growing community of residents, seasonal visitors, founders, creatives, athletes, and influencers. Beyond the studio floor, Post House has expanded its presence through collaborations with brands including Rivian, Evian, and NOBULL while producing more than 100 hours of owned content that extends the brand’s reach beyond its physical location.

“From day one, our vision was to create something bigger than a traditional fitness studio,” said Walter Savage, co-founder of Post House. “We wanted to build a destination where performance, wellness, community, and culture could come together in a meaningful way. The growth we’ve experienced reflects a broader shift in how consumers want to engage with fitness today — not simply as a workout, but as part of a lifestyle.”

The momentum was particularly evident over Memorial Day Weekend, one of the Hamptons’ busiest seasonal periods, when Post House sold out more than 20 classes across its proprietary programming and partner-led concepts, generating waitlists across much of its schedule. Demand spanned multiple formats, including House Circuit, SavageBody, KKSweat, Pvolve, Forma Pilates, and Sculpt with Danielle Waleko.

Notable attendance and waitlist figures included:

House Circuit with Walter Savage: 36 attendees, 6-person waitlistSavageBody with Walter Savage: 30 attendees, 16-person waitlistHouse Circuit with Halsey Burton: 36 attendees, 27-person waitlistHouse Circuit with Justin Mirra: 30 attendees, 11-person waitlistSculpt with Danielle Waleko: 39 attendees, 15-person waitlistKKSweat Sculpt with Kara Liotta: 42 attendees, 19-person waitlistPvolve with Mel Ramos: 27 attendees, 10-person waitlistForma Pilates: 12 sold-out classes throughout the weekend

In several instances, waitlist demand exceeded available capacity by double digits, reflecting strong consumer demand across both Post House’s founder-led offerings and partner programming.

Beyond its fitness programming, Post House has expanded into content production, brand partnerships, and experiential activations, Post House was intentionally designed to operate as more than a traditional studio. The 5,000-square-foot destination combines high-performance training, premium content production, community experiences, and brand activations under one roof. Three studios operate simultaneously, bringing together strength training, Pilates, mat-based programming, private coaching, and partner-led concepts within a single ecosystem. The company also produces content and brand campaigns in-house, extending the reach of its programming and partnerships beyond the physical studio, creating a model that extends engagement beyond the physical studio experience.

“Post House sits at the intersection of fitness, media, and culture,” said Geno McDermott, co-founder of Post House. “Our backgrounds in performance training and content production shaped a business model that allows us to create experiences people want to participate in and stories they want to share. That combination has created meaningful momentum for the brand and opened opportunities well beyond the four walls of the studio.”

Building on its growth trajectory, Post House is evaluating expansion opportunities in additional markets as it continues investing in programming, content production, brand partnerships, and community experiences. The company expects future growth to be driven by a combination of geographic expansion, strategic partnerships, and continued investment in its integrated fitness and content platform.

For more information and class schedules, visit https://www.posthouse.live/ and follow @posthousehamptons. 

About Post House
POST HOUSE is a Sag Harbor-based fitness studio, content platform, and experiential wellness destination redefining luxury training in the Hamptons. Founded by celebrity trainer Walter Savage and Emmy Award-winning filmmaker Geno McDermott, the 5,000-square-foot flagship blends high-performance strength training with the energy and creativity of live production. Designed as a multi-room studio, Post House brings together strength training, Pilates, and mat-based programming under one roof, with classes and coaching experiences unfolding simultaneously across the space. Beyond fitness, Post House operates as a vertically integrated content studio, producing premium brand activations and capturing workouts and cultural moments in-house. Rooted in Sag Harbor but drawing clients from New York, Los Angeles, Miami, and beyond, Post House has quickly become a destination for founders, creatives, and tastemakers who treat wellness as part of their lifestyle.

Media Contact:
Studio Beauty
posthouse@studiobeauty.io

View original content to download multimedia:https://www.prnewswire.com/news-releases/post-house-reports-88-year-over-year-revenue-growth-as-demand-for-luxury-wellness-experiences-accelerates-in-the-hamptons-302792047.html

SOURCE Post House

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SANCTUARY WEALTH WELCOMES VALEN PRIVATE CAPITAL AS A NEW PARTNER FIRM

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Former wirehouse advisor managing $477 million launches independent firm serving ultra-high-net-worth families

MIAMI, June 5, 2026 /PRNewswire/ — Sanctuary Wealth (Sanctuary), an industry-leading hybrid RIA that helps elite financial advisors thrive with greater freedom, flexibility, control and choice, welcomes Valen Private Capital, LLC and its founder, John Durham, J.D., LL.M., as its latest Partner Firm. The former Merrill Lynch advisor joins Sanctuary after overseeing $477 million in total assets for a select group of families.

“John has spent decades building a highly specialized practice around the needs of an exclusive group of families,” said Vince Fertitta, President, Wealth Management, Sanctuary Wealth. “As he considered establishing his own firm and unlocking the asset he worked so hard to build, John’s top priority was a robust platform with UHNW capabilities that would enable him to fulfill his vision of expanded services and solutions for the families he serves. Free from the constraints of a wirehouse environment, he is now positioned to play an even more significant role in his clients’ lives and able to provide them with bespoke, holistic advice.”

Valen Private Capital was founded to serve a concentrated group of families, including many with substantial wealth, complex balance sheets and multi-generational planning needs. The firm combines investment management, planning coordination and high-touch service with a focus on helping families make thoughtful decisions about capital, responsibility and legacy. The firm aims to help families motivate the next generation to build something of their own beyond inherited wealth.

Durham is the latest former wirehouse advisor to join Sanctuary in pursuit of greater control over his business and client experience. Sanctuary’s model allows advisors to choose the affiliation structure that fits their goals while providing access to the investment, planning, technology and operational resources needed to support complex client relationships.

“As I evaluated independence, I wanted a partner that would allow me to build Valen Private Capital around my clients – not force my clients into someone else’s model,” said Durham. “Sanctuary offered the combination of flexibility, experienced support and UHNW resources I was looking for, while allowing me to retain control of the firm I am building. That was important to me, my family and the families we serve.”

Durham has more than 25 years of wealth management experience. He joined Merrill Lynch in 2004, where he developed personalized solutions for individuals and families of substantial wealth.

He earned his Juris Doctor from Delaware Law School and his Master of Laws in Taxation from the Villanova University School of Law. Durham also holds an Estate Planning Certificate from Villanova University School of Law.

Benjamin Durham, who was most recently a Wealth Management Specialist at Merrill Lynch in New York, joins Valen Private Capital as a Partner & Director of Financial Planning. Lisa Downey, who has worked with John Durham as an assistant for years, has also joined the new firm. 

“Valen Private Capital reflects the kind of sophisticated advisor who continues to choose Sanctuary,” said Adam Malamed, CEO of Sanctuary Wealth. “John wanted more than a place to affiliate. He wanted a platform that would respect the business he built, strengthen the resources available to his clients and give him room to create value over time. We are excited to welcome John, Ben and Lisa to Sanctuary and look forward to supporting Valen Private Capital in this next phase.”

About Sanctuary Wealth
Sanctuary is a leading hybrid RIA that provides comprehensive wealth management solutions, platform partnerships and strategic capital investments to sophisticated independent wealth management firms.

Through its Partnered Independence model, Sanctuary helps advisors seeking greater freedom, flexibility, control and choice transition from large financial institutions and build enduring businesses of their own.

Sanctuary Wealth was built to serve elite wirehouse breakaway advisors. Today, Sanctuary supports a growing community of partner firms and business models with integrated technology, marketing, operations and a robust, open-architecture platform, enabling advisors to serve clients at the highest level while building long-term enterprise value.

Media Contact for Sanctuary Wealth:
Donald Cutler
Haven Tower Group
424-317-4864
dcutler@haventower.com

View original content:https://www.prnewswire.com/news-releases/sanctuary-wealth-welcomes-valen-private-capital-as-a-new-partner-firm-302792728.html

SOURCE Sanctuary Wealth

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Arctech Shines at SNEC 2026, securing over 3 GW orders with its “Tracker+” Ecosystems

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SHANGHAI, June 5, 2026 /PRNewswire/ — Arctech, a global leader in solar tracking and smart energy solutions, made a strong impression at SNEC 2026 in Shanghai, showcasing its comprehensive “Tracker+” Ecosystems. The exhibition demonstrated the company’s full-scenario capabilities across complex terrains.

The spotlight fell on two integrated solutions.

“Tracker+” Solutions
For the first time since its official launch in May, Arctech presented the SkyLine II all‑terrain intelligent tracking system. Built on four core principles – “All-Terrain Adaptability, All-Scenario Reliability, Full-Lifecycle Shared Success, Full-Ecosystem Compatibility”, this cutting-edge system is engineered to turn challenging lands into high-value energy assets.

Alongside it, the SkyFlex cable mounting system and the Star Shine I autonomous cleaning robot completed the intelligent tracking lifecycle, serving varied scenarios from Gobi and sandy terrain, to agrivoltaics, aquavoltaics, and hilly landscapes.

Yang Ying, Chief Technology Officer of Arctech, introduced two intelligent equipment innovations on site – the Arctech Piling Robot and Automatic Installation Robot. Together, they enable one‑click, all‑weather construction, dramatically reducing labor and installation costs while boosting efficiency. These innovations mark a major step toward fully automated, full‑cycle solar plant construction, from piling to operations and maintenance.

“Green Power+” Solutions
Arctech also featured its off‑grid and energy storage offerings, including the ArcBank utility‑scale energy storage system, building‑integrated photovoltaics (BIPV), and the ArcTrack solar tracking and storage mobile microgrid system. Designed for mining sites, islands, and remote locations, these solutions close the zero‑carbon loop from solar generation to end‑use energy.

Project Signings & Strategic Partnerships

Arctech signed multiple GW-scale projects at the booth, including a 2 GW project in the Middle East, further strengthening its leadership in the region. Additionally, a strategic cooperation agreement for energy storage was signed during the exhibition.

Industry Recognition
According to the recently released Solar PV Tracker Market Report 2026 by S&P Global Energy, Arctech ranked as the world’s No. 2 solar tracker supplier for the second consecutive year, while retaining its No. 1 market position in EMEA. SNEC 2026 was not only a stage for product innovation but also a testament to Arctech’s growing global leadership.

Looking Ahead
Moving forward, Arctech will continue driving the transition from hardware supply to full‑ecosystem solutions – integrating intelligent tracking, automated construction, smart O&M, and green power technologies.

About Arctech

For more information about Arctech, visit: https://en.arctechsolar.com/ 

Photo – https://mma.prnewswire.com/media/2995571/image1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/arctech-shines-at-snec-2026-securing-over-3-gw-orders-with-its-tracker-ecosystems-302792733.html

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