PH startup PawnHero wins the Judges’ Choice award at Echelon Asia Summit 2015

PawnHero co-founder David Margendorff (middle) raises the championship trophy. With him are Kickstart Ventures Inc president Minette Navarrete and Mohani Belani of e27.

Philippine fintech startup PawnHero has won the Echelon Asia Summit 2015 Judges’ Choice Award in Singapore Wednesday night, beating nine other finalists out of the original 500 applications from around Asia.

PawnHero is the first online pawnshop in Southeast Asia (SEA) co-founded by David Margendorff, who did the pitching for the company in the two-day event that commenced on Tuesday at the Singapore Expo Convention and Exhibition Centre conducted by media and events company e27.

PawnHero won the Judges’ Choice Award, followed by two SEA startups myRealTrip from South Korea for the Global Brain Award, and ChaseFuture from Malaysia for the People’s Choice and Braintree_Paypal Awards.

Also read: PH startups PawnHero, LoanSolutions tie up to enhance lending options

myRealTrip is a website that caters to travelers who are looking for local experts in South Korea that can guide them to have a great travel experience.

ChaseFuture, meanwhile, is an admissions consulting platform that seeks to help the world’s best students reach the world’s best universities.

The Echelon Asia Summit 2015 event also featured the Top 100 Startups that e27 handpicked from around Asia based on their latest innovations.

In a recent interview, Margendorff explained that PawnHero being online-based — has made a disruption in the SEA pawnshop industry — creating options for the unbanked by charging half the interest rates that most pawnshops charge.

Only recently, PawnHero partnered with Philippine-based loan service startup LoanSolutions, which allows people to apply for different types of loans online. Both startups aim to reinvent lending and other financial practices.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.