SaaS & CloudMarch 20, 20263 min read

BNI Ventures Showcases 10 Disruptive Startups from Axel Arc at Tech in Asia 2024

Intan from Orbitcore

Intan

from Orbitcore Editorial

The energy at the Tech in Asia Conference 2024 was palpable, but one of the standout highlights came from the banking sector's venture arm. BNI Ventures, the investment wing of BNI, officially introduced 10 high-potential startups from its Axel Arc accelerator program. This move is far more than a simple showcase; it is a strategic maneuver by BNI to solidify its presence in the rapidly evolving financial services landscape by bridging the gap between traditional banking and cutting-edge tech innovation.

A Diverse Lineup of Innovation

The 10 startups selected for the pitching demo day represent a broad spectrum of the modern digital economy. BNI Ventures didn't just stick to traditional fintech; they curated a cohort that spans Artificial Intelligence (AI) and machine learning, Software as a Service (SaaS), healthcare technology, B2B solutions, and even the growing ESG (Environmental, Social, and Governance) sector.

The startups making waves include Rintisan, D3Labs, Qasir.id, Kata.ai, Ciroes, Volantis Technology, Fineksi (formerly known as Finskor), Zi.Care, Momofin, and Duluin. Each of these companies brings a unique solution to the table, ranging from conversational AI to streamlined digital health records and sustainable business practices.

The Axel Arc Journey: From Mentorship to Demo Day

These startups didn't just land on the Tech in Asia stage by chance. They are the graduates of Axel Arc, a specialized accelerator track under the broader BNV Arcade 2024 program. Before reaching this milestone, the participants underwent intensive workshops and mentoring sessions led by seasoned industry experts and seasoned investors. This preparation was designed to refine their business models and ensure their solutions were ready for the rigorous demands of the BNI Group ecosystem.

Axel Arc serves as a vital bridge, designed to foster deep collaboration between BNI's corporate infrastructure and the agility of the startup world. By integrating these external innovations, BNI aims to modernize its banking services and leverage the latest tech stacks to stay ahead of the competition.

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Strategic Vision for the Banking Industry

Victor Erico Korompis, BNI's SEVP of Information & Technology, emphasized the importance of this initiative during the event. He noted that the Axel Arc program allows BNI to connect directly with innovators who are solving real-world problems. This direct link enables the bank to discover new solutions that drive internal innovation, strengthen the BNI Group's competitive edge, and accelerate its adaptation to the shifting sands of the banking industry.

According to Victor, collaborating with startups is no longer optional—it is essential to ensure that banking services remain relevant and superior for their customers. The Tech in Asia Conference acted as a strategic platform where these startups could not only present to BNI but also build partnerships with other global investors and tech stakeholders.

Building a Sustainable Future for the Ecosystem

Echoing this sentiment, Eddi Danusaputro, CEO of BNI Ventures, highlighted that their participation at the conference is a testament to the company's long-term commitment. BNI Ventures isn't just looking for quick wins; they are focused on driving innovation across the entire financial services ecosystem.

Through these collaborations, BNI hopes to create sustainable added value that benefits the BNI Group and strengthens the broader Indonesian startup ecosystem. By providing these 10 startups with a global stage and a path to corporate integration, BNI Ventures is effectively helping to build the next generation of Indonesian tech giants.

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