Eight Select Indonesian Start-ups at SYNRGY Demo Day

Jakarta, 19 September 2019 – SYNRGY is a fintech start-up accelerator program and a collaboration platform for fintech start-up community initiated by BCA in collaboration with Digitaraya and supported by Google Developers Launchpad. After the initial launching in March 2019, start-up members presented the products they developed in a series of event called SYNRGY Demo Day. 

Attending at the Demo Day SYNRGY in Jakarta was Deputy President Director of BCA Armand Wahyudi Hartono, Director of BCA Santoso, Director of BCA Lianawaty Suwono, Senior Executive Vice President of Strategic Information Technology of BCA Hermawan Thendean, Head of Digital Innovation Solution Group of BCA Jayaprawirya Diah, Managing Director of Digitaraya Nicole Yap, and Program Manager of Google Marcus Foon in Jakarta, Thursday (19/09).

SYNRGY is a platform of collaboration and accelerator for start-up community in an effort to encourage growth and innovation in digital industry, which also serves as an innovation hub with the best programs prepared to assist start-ups develop their businesses faster and better. Startup at SYNRGY get an opportunity to access programs such as accelerator program run by Digitaraya with support from Google Developers Launchpad. 

Armand also said that the SYNRGY programs are a manifestation of BCA’s contribution in responding to the vast emergence of different types of start-ups. “We look at the positive pace of start-ups in Indonesia that shows significant growth, and consist of a creative segment to meet the needs of our society today. Therefore, SYNRGY is here to be a platform to support the growth of start-ups in Indonesia,” explained Armand. 

“Fintech has been one of the most active start-up sectors in Indonesia for years, so we are very delighted to be able to support these 8 start-ups that continuously make innovations and value added in new different ways. With the support from BCA, Digitaraya and Google Developers Launchpad, these start-ups will have the opportunity to grow to a higher level, and to increase their impact on Indonesian users. We are proud to be part of their journey,” said Nicole Yap, Managing Director of Digitaraya. 

Marcus Foon as a Program Manager of Google added, “Along with the rapid growth of digital economy in Southeast Asia, I am happy to see Digitaraya taking a brave step with BCA to run SYNRGY, the first fintech accelerator managed by partners in Southeast Asia. Through the Google Developers Launchpad framework and methodology, I hope these start-ups will accelerate to a higher level and not only provide equal opportunities and equal access to finance to more users in Indonesia, but also use this opportunity to disrupt the overall financial industry.” 

After these start-ups went through various series of SYNRGY accelerator program, they presented the products they developed to be implemented to the various needs of BCA customers in banking digitalization. There are 8 select start-ups that presented their work on the SYNRGY Demo Day, namely:

• AgenKAN: a digital platform that helps Indonesian to get access to financial products through collaboration with micro businesses.
• Amalan: a service provider of restructuring and refinancing solution for consumer loans and leading small business units in Southeast Asia. We help rebuild our clients’ financial future.
• Bamms: create a smart living experience through digital solution for property and occupant management.
• Bizhare: a business investment platform through equity crowdfunding, which currently focuses on franchise industry.
• CROWDE: revolutionizing agricultural supply chains through technology.
• Indogold: Indogold opens access to gold investment to the public with a gold trading facility for safekeeping facilities.
• Jari: a payment collection solution for finance companies to have visibility and reduce fraud.
• Kendi: a data platform for the financing ecosystem supported by blockchain to ensure trust between all parties. 

“SYNRGY can be an open accelerator platform for start-ups with ideas and innovations in Big Data, Digital Payments, Cybersecurity, Blockchain, IoT (Internet of Things), which aims to advance financial technology in Indonesia. The eight start-ups presented today are start-ups that have successfully passed a rigorous selection process. BCA hopes to gain new insights that can be applied to the BCA banking digitalization program,” Armand concluded his remarks. 

Eight Indonesian Start-ups at SYNRGY Demo Day – Head of Digital Innovation Solutions BCA Jayaprawirya Diah (right) and Managing Director of Digitaraya Nicole Yap (second right), Program Manager of Google APAC Marcus Foon (second left) and Investment Associate of CCV Eric Hendrickus (left) at the SYNRGY Demo Day Accelerator in Jakarta, Thursday (19/09). After these start-ups went through various series of SYNRGY accelerator program, they presented the products they developed to be implemented to the various needs of BCA customers in banking digitalization. The 8 start-ups that presented their work at the SYNRGY Demo Day are Crowde, IndoGold, Amalan, AgenKan, Bizhare, Kendi, Bamms, and Jari.