EV Hive and Jenius launch co-working space

• Aims to boost growth and encourage the establishment of fintech startups
• Indonesia aims to have a fintech startup as its next unicorn

EV HIVE, a collaborative workspace, PT Bank Tabungan Pensiunan Nasional Tbk (Bank BTPN) through Jenius, a digital financial service aimed at the digitally savvy, and PT Bahanasemesta Citranusantara inaugurated the Jenius x EVHive co-workind space in Mega Kuningan, South Jakarta recently.

Located in the CBD, the presence of this co-working space involves a three-party collaboration, namely PT Bahanasemesta Citranusantara which owns the property, BTPN through Jenius as a strategic partner, and EV Hive as a community platform and collaborative space designer.

This collaboration space is expected to bridge the growth, establishment, and development of the financial technology (fintech) industry of the future.

EV Hive chief executive and co-founder Carlson Lau says, “We want to provide a hub for the technology community, especially for creative fintech. This aspiration was welcomed by BTPN which connected it with the life finance solutions provider, Jenius.”

He adds that EV Hive and Jenius are both committed to delivering various activities including workshops, seminars, and group discussions especially for fintech startups.

BTPN director Arief Harris explains, “This is a pilot project from BTPN, to see the potential in fintech and we open opportunities for fintech startups to collaborate with us.”

Carlson sees a similarity between Jenius and EV Hive as both are innovators in their respective fields.

“With this collaboration, we believe BTPN can reap positive benefits from the starup community under EV Hive and vice versa.”

Jenius x EV Hive co-working is the 17th co-working space managed by EV Hive, providing an area of 1,800 square meters with a variety of facilities such as co-working areas, meeting rooms, and 40 dedicated office spaces.

Currently there are six startups in the Jenius x EV Hive co-working space including seed funding investment firm, East Ventures.

Targeting a fintech startup as the next unicorn

Indonesian Minister of Communications and Information Rudiantara says that he targets to have a minimum of five unicorns by 2019 and hopes to see the sixth unicorn coming from the fintech industry.

“We have four unicorns now and the fifth one will be from another industry (undisclosed). I hope to see the next unicorn from fintech.”

Indonesia has Gojek, Traveloka, Tokopedia, and Bukalapak as unicorns with a current valuation of US$1 billion or more.

When asked which fintech startup will become the next unicorn, Rudiantara says, “I can see the potential in a peer-to-peer (P2P) lending fintech startup.”

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