Marvel Technologies

Multinational challenge collaboration accelerates Startup business

STARTUP REALITY

There is reportedly more than R40 billion in unclaimed benefits in retirement funds. This problem is not unique to South Africa and not limited to retirement funds alone. In 2015, I founded MyDigiVault and attempted to build an online asset registry and planning tool to solve this challenge. While we failed to build a working prototype, we did finish as a semi-finalist in the global SWIFT Innotribe Challenge, validation of our ability and potential to provide an important innovation in the financial industry. The challenge of building a working prototype remained and I had all but given up.


GLOBAL COLLABORATION WITH TELANTO

Then this year I was contacted by Timo Kerzel and Christian Acosta-Flamma, PhD of TELANTO where they explained how they've taken the next step to #digitize #collaboration between #academia and #industry. As part of their #global #academicbusinessnetwork, I now have access to #students from universities worldwide who will attempt to solve #challenges that we have struggled to overcome as a start-up. This #innovation speaks to #employability and offers a new paradigm for the future of #hiring #graduates.


ABOUT THE COMPANY

Providing peace of mind in times of need by protecting and preserving an individual’s physical and digital assets in the event of their passing. We take a holistic approach to managing life and death affairs by keeping people informed about matters that impact their lives and legacy. Our personal asset registry solution enables users to proactively organize and securely store and share important personal, financial, legal and health information, all in one convenient place.

It’s Malcolm Mooi from Johannesburg, South Africa and I’m the founder and CEO of MyDigiVault. The company was formed in 2014 and is attempting to solve the problem of unclaimed benefits which is currently estimated at 40 billion Rand in pension funds annually. Now, this problem is not unique to South Africa and it is not limited to pension funds alone. In 2015, we participated in the SWIFT Innotribe Challenge and finished as a semifinalist, identified for our ability and potential to make an important innovation in the finance sector. As a startup though, we faced many challenges with regards to the lack of resources and expertise required to solve some of the conflicts, business model, and gamification processes. In 2018, I connected with TELANTO who is a business and academic network that is digitizing collaboration between the industry and universities from across the world. I’m currently working with the Royal Melbourne Institute of Technology and I’ve been assigned 24th year business accounting student who are attempting to solve some of the challenges that we couldn’t solve as a startup. This type of innovation speak to the future of work, and our ability to collaborate across continents at little to zero cost. I’m really excited to be part of the TELANTO network.

I now have access to students from universities worldwide who will attempt to solve challenges that we have struggled to overcome as a start-up. This innovation speaks to employability and offers a new paradigm for the future of hiring graduates.

Malcolm Mooi

CEO - Founder MyDigiVault

If you are interested in becoming a challenge sponsor contact us now Book a Call