Zendz is a cross-border money transfer service for individuals who work abroad easily, quickly, safely, affordable prices , transparent and support Multi-Product using mobile apps, supported by blockchain technology as a core system. Focusing on the Indonesian market for initial penetration, specifically the Indonesian migrant worker community, and secondly in the ASEAN , east asia and Middle east market region.
200 person user validate GTV 28.000 GMV 634x Revenue 300
B2C = Migrant worker , diaspora, traveller and Student. B2B = SME Company
Problem or Opportunity
help overcome problems in sending money such as fraud prone, time-consuming money transfer process, having to go far to the place of money transfer, long queues, expensive costs and not being able to access 24 hours if there is a sudden need.
Cyber crime 1. Data Center has disaster and trouble 2. System not function 3. Outbreak another virus 4. products are misused for money laundering and terrorism financing purposes 4. failure in marketing acquires users 5. The product is no longer in demand by users because it is unable to compete in the market 6. the emergence of new technologies
Incubation/Acceleration programs accomplishment
Dailysocial and Young Entrepreneurship Leadership Program - Bank Indonesia Institue.
Won the competition and other awards
Finalist top 50 year 2019 : Young Entrepreneurship Leadership Program - Bank Indonesia Institute.