In March, the Cambodian startup team, BanhJi, was selected to join FinTech’s Startupbootcamp, the leading accelerator focused on financial innovation.
BanhJi is a free and localised industry-specific accounting platform, built for SMEs and NGOs for collaborative financial management features.
Since our interview with BanhJi, the Cambodian startup has gone through three months of the accelerator program where they were mentored by entrepreneurs, investors and corporate partners. Apart from masterclasses, the startup was guided through the “Shape”, “Build” and “Sell” development stages across Southeast Asia as well.
Additionally, BanhJi received SGD$25,000 and four months’ worth of office space at Singapore’s startup hub, BASH at Block 79.
The Cambodian startup will be among the 10 international startups pitching at Startupbootcamp FinTech’s Demo Day on July 14 at Gardens by the Bay, Singapore. They will be presenting and pitching to an audience of over 500 investors, mentors and partners. After the Demo Day, the startups will have access to the Almuni Growth Program, a global network of over 2,000 mentors, 125 startups, and exposure to startup hubs in London, Singapore and New York.
Prior to their progress at the accelerator program, BanhJi had impressed Steven Tong, Managing Director at Startupbootcamp FinTech, from the start. He commented: “We reviewed over 350 applications from startups through online applications and 16FastTracks around Asia. We are happy that BanhJi is one of the startups selected to participate in the program. We were so impressed with Sim Chankiriroth since the first time we met. We are confident his team and the 2016 cohort will do well in the Startupbootcamp FinTech accelerator.”
Last year, Startupbootcamp Fintech’s Demo Day saw about 600 participants. Adrian Chng, Founder and Principal of Fintonia Group, was one of the mentors and investors of the accelerator program. He said: “We’re getting a chance to see them grow and develop over [the period of the] accelerator. It’s great as a mentor, and as an investor, it’s great to be able to look under the hood and really understand the entrepreneur and his idea.”