Supreme Ventures today announced that initial discussions are underway with Dolla Financial Services Limited aimed at the intended divestment of Evolve Loan Co’s loan portfolio and selected assets, including its digital lending solutions, to the company.   

The planned transaction represents a deliberate capital management initiative aimed at optimizing group balance sheet efficiency, reducing credit risk concentration, and improving risk-adjusted returns, while maintaining exposure to future value creation in the loan portfolio.  

Following the divestment, Evolve will pivot toward an asset-light operating model with a strategic focus on loan origination, digital enablement, and fee-based income streams. This shift is expected to improve returns on capital while reducing balance sheet risk.

The acquisition supports Dolla’s growth strategy by expanding scale and strengthening its lending platform. “This intended acquisition meaningfully expands our microcredit footprint and reinforces our commitment to inclusive financing. We believe it will have a positive and far-reaching impact on our loan book by improving balance, scale, and growth potential” stated Dolla Financial Group CEO Kenroy Kerr.  For Supreme Ventures, the transaction enhances capital flexibility while preserving participation in future value creation through its 15% equity ownership in Dolla Financial Services Limited.

“This transaction reflects disciplined capital allocation and a clear focus on shareholder value,” said Gary Peart, Executive Chairman of Supreme Ventures “We are strengthening the group’s financial position today while preserving long-term upside through a more scalable and capital-efficient structure.”

Details of the transaction are currently being finalized and are subject to the Bank of Jamaica approval.

The Christmas season took on a special meaning this
year as the Supreme Ventures Foundation (SVF) hosted its annual Christmas Treat, “Make a
Wish” Edition, at Buzzers Portmore, spreading festive joy to 59 wards of the state from Western
Jamaica. The children, hailing from Noah’s Ark Children’s Home, Montego Bay Community
Home for Girls – Melody House, Garland Hall Memorial Home, and Mervis Braham Children’s
Home, as well as from the Foster Care and Family Reintegration programmes, were treated to a
day filled with laughter, excitement, and hope.

In the wake of Hurricane Melissa, which left several communities struggling to rebuild, the
Foundation’s event aimed to bring back the magic of Christmas for children who have endured
hardship. Ahead of the treat, each child received a special “Make a Wish” card to write down
their most desired gift. Wishes ranged from phones and tablets to shoes and clothing, simple yet
heartfelt reminders of the joy that small acts of kindness can bring.

Heather Goldson, Executive Director of the Supreme Ventures Foundation, said the initiative
was about more than just giving gifts.

“This year has been particularly difficult for many families, especially those displaced by the
hurricane,” she shared. “We wanted to bring Christmas cheer and reassurance to these children,
to remind them that their dreams and happiness still matter.”

The children enjoyed unlimited access to all Buzzers attractions courtesy of the Foundation.
From arcade and basketball games to VR rides and the haunted house, they immersed themselves
in play and laughter. Interactive sessions led by Supreme Ventures Draw Operator, Kerry Major,
drew lots of cheers, especially when the House Mothers joined the friendly competition. A
festive Christmas photo booth also gave each child a take-home photo keepsake, a snapshot of
joy that will last long after the holiday season.

Annette Clemetson, House Manager at Melody House, expressed what the day meant for her and
the children.

“This treat has had such a positive impact,” she said. “Being outside and surrounded by fun and
laughter has lifted their spirits tremendously. We’re deeply grateful to Supreme Ventures
Foundation for thinking of them in such a meaningful way.”

As the afternoon came to a close, the children gathered for a surprise gift-giving ceremony,
where they received items from their wish lists. Emotions ran high as they opened their presents,
many holding gifts they had only dreamed of.

Representatives from the Child Protection and Family Services Agency (CPFSA) were also
present, including Kristen Laing, Public Relations and Communications Manager, who praised
the Foundation’s continued outreach efforts.

“What the Supreme Ventures Foundation has done reflects the essence of true community
partnership,” she said. “To see these children smile and feel special again after all they’ve
experienced is inspiring.”

Leading the day’s operations and ensuring everything flowed seamlessly was Chloleen Daley-
Muschett, AVP, Communications & PR at Supreme Ventures Group, who described the event as
“one of the most heartwarming projects of the year,” noting how much dedication and care went
into planning each detail.

Through initiatives like the Make a Wish Christmas Treat, the Supreme Ventures Foundation
continues to fulfill its mission of making meaningful contributions to youth development,
education, and community resilience across Jamaica.

Supreme Ventures Limited has announced that its
new Money Time Mega Vault progressive jackpot feature has already produced nine jackpot
winners, just one week after its launch on December 7. A lucky player from St. Thomas was the
first winner taking home the Mega Vault prize of $346,200.
Since then players from St. James, St. Mary and St. Andrew have collectively won over Two
Million Dollars.
“Money Time has always been a favourite with our players, and the Mega Vault takes that
excitement to another level,” said Stefan Miller, CEO- Supreme Ventures Gaming. “Seeing the
jackpot hit so quickly and deliver more than two million in winnings to our customers in our
very first week shows exactly what this feature is designed to do- create big wins in just a few
minutes of play. This is especially important post Hurricane Melissa when so many people need
extra resources to aid in recovery.”
Introduced as an enhancement to the popular Money Time game, the Money Time Mega Vault is
a progressive jackpot that grows continuously as customers play. The feature starts
at $100,000 and increases every four minutes, giving players the chance to win substantial prizes
in a very short time. Once the Mega Vault is hit, it immediately resets to $100,000, ensuring a
consistently attractive jackpot for players.
To qualify for the Mega Vault, players must “Mega” their Money Time ticket with a spend of
$20 or more. The percentage of the Mega Vault that each winner receives is based on the amount
of their Mega spend, rewarding those who choose to play at higher levels.

With the rollout of the Money Time Mega Vault, Supreme Ventures has also discontinued the
previous Money Time Jackpot, transitioning all jackpot activity for the game to this new
progressive feature. The company anticipates that the constantly building prize pool, frequent
fourminute draw cycle and the opportunity to win a share of a growing vault will make Money
Time even more exciting for its customers.
Supreme Ventures continues to promote responsible gaming and reminds all participants that
they must be 18 years or older to play.