Following the last year in Jakarta, Indonesia and Kuala Lumpur, Malasya, we sponsored NTT Startup Challenge Jakarta 2019 on November 20th. Orange Fab Tokyo program manager, Hiroshi Nishikawa attended the pitch event as a judge. Modal Rakyat, P2P lending for working capital, received the Orange Fab Asia award to be invited to the Orange Fab Asia Tokyo Demo Day to be held on December 12th.
Orange Fab Asia Award: Modal Rakyat
Modal Rakyat provides P2P lending service focused on working capital. Through diversified B2B2C API approach by integrating with ecosystem enablers (such as POS,, Web-builder, Marketplace etc) we are able to benefit from the additional data from the aggregation sales and payment data of the client/end users.
The result of the pitch event is as follows.
- 1st prize: nodeflux
- 2nd prize: Modal Rakyat
- 3rd prize: Awan Tunai
- Panasonic Game Changer Catapult Award: Outside