Complete Xponent Program In Bangkok, Mandiri Capital Indonesia Ready To Explore Global Market

DOC: Independent Capital Indonesia

JAKARTA - Mandiri Capital Indonesia (MCI) is ready to explore the global market after completing the Xponent Money 20/20 program in Bangkok. Meanwhile, Money 20/20 Asia is a global event for the digital ecosystem that brings together industry leaders and influential startups from various parts of the world. Chief Executive Officer of Mandiri Capital Indonesia Ronald Simorangkir said that in line with MCI's vision to become the global presence of Xponent in Money 20/20 on April 23-25, 2024 marks MCI's strategic steps to integrate global startups and companies into the group's independent ecosystem. According to Ronald, his party is focused on identifying the needs of Bank Mandiri's business unit and trying to present a value proposition that is in line with Mandiri Group's strategic goals. "Through the Money 20/20 event, we hope to find a startup that has innovative solutions and new breakthroughs," he said in his statement, Sunday, April 28. For information, MCI has launched an XYZ program that includes several initiatives, including: - Xponent: Helping startup expansion by facilitating market access and strengthening business alignment between startups and Bank Mandiri business units. The program has involved 95 startups on 3 batches, signing 12 MoUs, and involving 25 business units within Bank Mandiri and its subsidiaries. - Xchange: Conduct a comparative study by visiting an international innovation lab. - Y-Axis: Building a network platform for startups with investors, the technology community, BUMN, and corporations. - Zenith: A 4-month acceleration program designed to encourage business growth through mentoring, workshops, and ecosystem integration with the Mandiri Group. At the Money 20/20 Asia event, MCI collaborated with nine portfolio startups and Zenith finalists to introduce their products and convey their business ideas. Meanwhile, the nine startups are Mekari, CoinWorks, AyoConnect, Delos, iSeller, Kecilin, Fishlog, Imajin, and AI Rudder. Chief Investment Officer of Mandiri Capital Indonesia Dennis Pratistha said MCI's presence at Money 20/20 Asia was an important moment in the company's journey towards regional and global expansion. According to Dennis Xponent, it is more than just a program, but it is an important step to integrate global startups and companies into the company's network. Dennis said that in the future, MCI would be committed to continuing to have a positive business impact on Bank Mandiri as well as building an Indonesian startup ecosystem. " “ Confirming our position as the main driver in building international synergy bridges, we support the expansion of the Indonesian startup ecosystem where this is done by facilitating access for global startups to Indonesia's fast-growing market, and sharing ecosystems and knowledge, "added Dennis. MCI's main focus is to foster the creation of value creation and investment opportunities through collaborative partnerships on the global stage. Meanwhile, Money 20/20 Asia became a platform for MCI to connect with various industry pioneers, explore emerging trends, and develop its reach to the international market, and ultimately accelerate the growth of innovative businesses in the global market.

Currently, MCI has several portfolios, with a total of more than 20 startups out of 14 types of industrial sectors, including lending, B2B value chain, and payment providers.