China Merchants Bank
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Brankas plugs small businesses into Indonesia’s growing e-commerce ecosystem with its centralized cash management, payments and transfers platform.
Brankas plugs small businesses into Indonesia’s growing e-commerce ecosystem with its centralized cash management, payments and transfers platform.
CEO and Co-founder of Plastic Bank
David Katz is the Canadian co-founder, president and CEO of Plastic Bank, a-first-of-a-kind social enterprise startup that monetizes plastic waste collection for some of the world’s poorest communities. Katz was inspired by a university seminar about recycling plastic waste in 2013 and founded Plastic Bank with CTO and brand strategist Shaun Frankson in Vancouver.In 2019, he became a fellow for the Unreasonable Group’s Impact Hub in Vancouver, an organization that supports social and environmental entrepreneurship. In 2011, he also founded Vancouver’s Core Values Institute, a consulting and global thought leadership platform for entrepreneurs.In 2014, he was also president of Vancouver’s chapter of the Entrepreneurs Organization for one year. He was named Global Citizen of the Year in 2014 by the international organization that has a network of over 10,000 business owners in 131 chapters across 40 countries. He also won the 2017 UN Lighthouse award for Planetary Health and Plastic Bank received the Paris COP21 Climate Conference Sustania Community Award in 2015.Katz completed a diploma in Hospitality Administration & Management at the British Columbia Institute of Technology in 1991 and started his own business in 1992 as founder and CEO of Nero Alarms. From 2005 to 2014, Katz worked full-time as the founder and president of Nero Global Tracking, a SaaS platform created to monitor the operations of mobile service vehicles. Nero SaaS is used in many Canadian cities and by the nation’s Defence Ministry. The company is now part of Vecima Networks Inc.
David Katz is the Canadian co-founder, president and CEO of Plastic Bank, a-first-of-a-kind social enterprise startup that monetizes plastic waste collection for some of the world’s poorest communities. Katz was inspired by a university seminar about recycling plastic waste in 2013 and founded Plastic Bank with CTO and brand strategist Shaun Frankson in Vancouver.In 2019, he became a fellow for the Unreasonable Group’s Impact Hub in Vancouver, an organization that supports social and environmental entrepreneurship. In 2011, he also founded Vancouver’s Core Values Institute, a consulting and global thought leadership platform for entrepreneurs.In 2014, he was also president of Vancouver’s chapter of the Entrepreneurs Organization for one year. He was named Global Citizen of the Year in 2014 by the international organization that has a network of over 10,000 business owners in 131 chapters across 40 countries. He also won the 2017 UN Lighthouse award for Planetary Health and Plastic Bank received the Paris COP21 Climate Conference Sustania Community Award in 2015.Katz completed a diploma in Hospitality Administration & Management at the British Columbia Institute of Technology in 1991 and started his own business in 1992 as founder and CEO of Nero Alarms. From 2005 to 2014, Katz worked full-time as the founder and president of Nero Global Tracking, a SaaS platform created to monitor the operations of mobile service vehicles. Nero SaaS is used in many Canadian cities and by the nation’s Defence Ministry. The company is now part of Vecima Networks Inc.
Co-founder, Director and COO of Travelio
Christie Amanda has Australian diplomas in hospitality and business from the Alexander Education Group and a bachelor’s in Management and Marketing from Curtin University. After graduating in 2007, she worked at Australian retailer Coles and at the Commonwealth Bank before returning to Indonesia. She worked at PT Indosurya Finance before becoming the COO of Code-O Solutions, a software development startup that she co-founded with Hendry Rusli in 2012.
Christie Amanda has Australian diplomas in hospitality and business from the Alexander Education Group and a bachelor’s in Management and Marketing from Curtin University. After graduating in 2007, she worked at Australian retailer Coles and at the Commonwealth Bank before returning to Indonesia. She worked at PT Indosurya Finance before becoming the COO of Code-O Solutions, a software development startup that she co-founded with Hendry Rusli in 2012.
Co-founder of Babytree
One of the first in China to go to Harvard on a full scholarship since 1949, Bo Shao, who also holds an MBA from the university, worked at Boston Consulting Group before starting EachNet in China in 1999. EachNet was acquired by eBay in 2003 for US$225 million. Today he is a founding partner of Matrix Partners China.
One of the first in China to go to Harvard on a full scholarship since 1949, Bo Shao, who also holds an MBA from the university, worked at Boston Consulting Group before starting EachNet in China in 1999. EachNet was acquired by eBay in 2003 for US$225 million. Today he is a founding partner of Matrix Partners China.
Co-founder, Chairperson and COO of Trio.AI
Co-founder, Chairperson and COO of Trio.AI. A ten-year veteran of marketing and business development, Ma has worked for several internationally renowned companies, including Viacom, Ogilvy China and Amway China.
Co-founder, Chairperson and COO of Trio.AI. A ten-year veteran of marketing and business development, Ma has worked for several internationally renowned companies, including Viacom, Ogilvy China and Amway China.
Co-founder of Investree
Amir Amiruddin graduated from Erasmus University in the Netherlands in 1994 and the University of Western Australia in 2011. Amir was formerly the managing director of AAA Securities, a director at Deutsche Bank Singapore and the managing director of Nomura Singapore. He is currently a partner at business and management consultancy Pascal Capital Asia in Singapore. Amir became a co-founder of Investree in October 2015.
Amir Amiruddin graduated from Erasmus University in the Netherlands in 1994 and the University of Western Australia in 2011. Amir was formerly the managing director of AAA Securities, a director at Deutsche Bank Singapore and the managing director of Nomura Singapore. He is currently a partner at business and management consultancy Pascal Capital Asia in Singapore. Amir became a co-founder of Investree in October 2015.
Co-Founder of Qraved
Sean Liao has founded three software development centers in Asia, including Rocket Internet China. He is currently CEO of Imaginato, a technology development company that he founded. Sean is based in China.
Sean Liao has founded three software development centers in Asia, including Rocket Internet China. He is currently CEO of Imaginato, a technology development company that he founded. Sean is based in China.
Founder and CEO of Yunjiazheng
A Jack of many trades, Xue Shuai majored in investment at East China Normal University, and pursued postgraduate studies in Chinese painting. He dabbled in selling wine and tourism, before joining Huawei as a project manager in 2001 (the year China entered the WTO), traveling across China and overseas (India, Thailand, Nepal, etc.) for work. Xue quit Huawei in 2008, spent a “gap year” mountaineering, before founding Yunjiazheng.
A Jack of many trades, Xue Shuai majored in investment at East China Normal University, and pursued postgraduate studies in Chinese painting. He dabbled in selling wine and tourism, before joining Huawei as a project manager in 2001 (the year China entered the WTO), traveling across China and overseas (India, Thailand, Nepal, etc.) for work. Xue quit Huawei in 2008, spent a “gap year” mountaineering, before founding Yunjiazheng.
Headed by the influential Beatriz González, the only woman to helm a VC firm in Spain, Seaya Ventures invests in early-stage startups looking toward international growth, especially in Latin America. Beatriz González is also the daughter of Francisco González Rodríguez, the chairman of Spain’s second largest bank BBVA.
Headed by the influential Beatriz González, the only woman to helm a VC firm in Spain, Seaya Ventures invests in early-stage startups looking toward international growth, especially in Latin America. Beatriz González is also the daughter of Francisco González Rodríguez, the chairman of Spain’s second largest bank BBVA.
Co-Founder and CEO of Cicil
Former banker Leslie Lim is Singaporean and holds a bachelor’s degree in Engineering with Business Finance from University College London. As an undergraduate, Leslie was on the Dean’s List and graduated with first class honors, and received the Goldsmid Sessional Prize for Mechanical Engineering. He met Cicil co-founder while pursuing an MBA at INSEAD. Prior to co-founding Cicil, Leslie had worked at Barclays, HSBC, BNP Paribas Securities and Duxton Asset Management (Deutsche Bank Group).
Former banker Leslie Lim is Singaporean and holds a bachelor’s degree in Engineering with Business Finance from University College London. As an undergraduate, Leslie was on the Dean’s List and graduated with first class honors, and received the Goldsmid Sessional Prize for Mechanical Engineering. He met Cicil co-founder while pursuing an MBA at INSEAD. Prior to co-founding Cicil, Leslie had worked at Barclays, HSBC, BNP Paribas Securities and Duxton Asset Management (Deutsche Bank Group).
Co-founder and former CTO of Movvo
Roberto Ugo has had a business-driven mindset since he was young, having opened his first “bank”, albeit a simple family one, at aged five. Ugo majored in Data Telecommunications and Networks and E-Business at Boston University and the University of the West of Scotland, respectively. He also specialized in Computer Science at the University of Porto. Ugo went on to co-found Movvo, where he was CTO. He left the position in January 2017.
Roberto Ugo has had a business-driven mindset since he was young, having opened his first “bank”, albeit a simple family one, at aged five. Ugo majored in Data Telecommunications and Networks and E-Business at Boston University and the University of the West of Scotland, respectively. He also specialized in Computer Science at the University of Porto. Ugo went on to co-found Movvo, where he was CTO. He left the position in January 2017.
Co-founder and CTO of Karta
Jeff Hendrata co-founded motorcycle-mounted billboard firm Karta in 2016. He started his first company, digital media agency Brit-e2, in 2012 after graduating from Universitas Bina Nusantara with a bachelor's degree in Computer Science. Between 2012 and 2015, Jeff acted as Brit-e's CEO, overseeing projects with major clients, including Indonesia's fourth largest bank, CIMB Niaga and consumer products group Orang Tua. He remains an advisor to Brit-e after Karta was established.
Jeff Hendrata co-founded motorcycle-mounted billboard firm Karta in 2016. He started his first company, digital media agency Brit-e2, in 2012 after graduating from Universitas Bina Nusantara with a bachelor's degree in Computer Science. Between 2012 and 2015, Jeff acted as Brit-e's CEO, overseeing projects with major clients, including Indonesia's fourth largest bank, CIMB Niaga and consumer products group Orang Tua. He remains an advisor to Brit-e after Karta was established.
Founder and CEO of MSParis of MSParis
With an educational background in finance and business, Xu spent seven years working in investment banking upon graduating from Columbia University in 2005. She worked at Deutsche Bank and Macquarie Capital in Hong Kong, where she helped major Chinese e-commerce companies such as Vipshop, Moonbasa and Alibaba with their overseas IPOs, among other financial needs. She is a CFA Charterholder. Xu founded Shanghai Qiansong Internet Technology Co., Ltd., the parent company of MSParis, in 2014.
With an educational background in finance and business, Xu spent seven years working in investment banking upon graduating from Columbia University in 2005. She worked at Deutsche Bank and Macquarie Capital in Hong Kong, where she helped major Chinese e-commerce companies such as Vipshop, Moonbasa and Alibaba with their overseas IPOs, among other financial needs. She is a CFA Charterholder. Xu founded Shanghai Qiansong Internet Technology Co., Ltd., the parent company of MSParis, in 2014.
Pioneering AI SaaS combining virtual clinic and database for mental health professionals enables quicker diagnoses, with up to 90% accuracy.
Pioneering AI SaaS combining virtual clinic and database for mental health professionals enables quicker diagnoses, with up to 90% accuracy.
Co-founder of Refurbed
Peter Windischhofer graduated with a management degree in 2012 at Vienna University of Economics and Business, including a stint at the University of Hong Kong. Student internships included various roles at McKinsey & Company, Perella Weinberg Partners, Realtreuhand and Raiffeisen Bank.In 2012, he joined CUDOS Group and worked for over a year as a business analyst in Vienna. In 2013, he met Refurbed co-founder Kilian Kaminski during a master’s program run by Hult International Business School. Both men worked in China while studying international business. Windischhofer spent six months running an online “TripAdvisor” review platform for Chinese language schools in Shanghai.In October 2014, Windischhofer joined McKinsey & Company as a management consultant working on digital marketing and product development projects for marketplaces and e-commerce companies in Europe.In 2017, he left McKinsey to co-found Refurbed with Kaminski to build an Amazon-style marketplace for refurbished electronic goods. The idea was inspired by a personal experience when Windischhofer bought a used smartphone after seeing a classified ad. The phone stopped working after two weeks. The incident prompted him to create an e-commerce platform specializing in selling quality refurbished e-products with carbon-neutral credentials like planting a tree for every sales transaction.
Peter Windischhofer graduated with a management degree in 2012 at Vienna University of Economics and Business, including a stint at the University of Hong Kong. Student internships included various roles at McKinsey & Company, Perella Weinberg Partners, Realtreuhand and Raiffeisen Bank.In 2012, he joined CUDOS Group and worked for over a year as a business analyst in Vienna. In 2013, he met Refurbed co-founder Kilian Kaminski during a master’s program run by Hult International Business School. Both men worked in China while studying international business. Windischhofer spent six months running an online “TripAdvisor” review platform for Chinese language schools in Shanghai.In October 2014, Windischhofer joined McKinsey & Company as a management consultant working on digital marketing and product development projects for marketplaces and e-commerce companies in Europe.In 2017, he left McKinsey to co-found Refurbed with Kaminski to build an Amazon-style marketplace for refurbished electronic goods. The idea was inspired by a personal experience when Windischhofer bought a used smartphone after seeing a classified ad. The phone stopped working after two weeks. The incident prompted him to create an e-commerce platform specializing in selling quality refurbished e-products with carbon-neutral credentials like planting a tree for every sales transaction.
With universal QR code, Indonesia achieves e-payment harmony
The move to standardize Indonesia's QR code is expected to unify the country's cashless payments system and lift tens of thousands of small merchants into the payments mainstream
CraiditX gives banks and insurers AI tools for assessing consumer credit risk
Used by big lenders like Bank of China and Minsheng Bank, CraiditX's solutions can gauge consumer default risk even if a user has no credit history
QRIS: Will the new QR code standard rewrite Indonesia’s e-payments scene?
Enabling interoperability, the QRIS seeks to level the playing field until now dominated by GoPay and OVO – disruption that could go beyond the e-wallets scene
Gojek acquires Indonesian POS startup Moka, gains greater share of SME fintech market
Deal reportedly worth $120m will add Moka's network of over 30,000 merchants to Gojek's reach
Indonesian state enterprises launch e-wallet LinkAja, competing with Go-Pay and OVO
Even with a wider range of services and extensive state backing, LinkAja faces a tough battle
Alipay opens its platform to speed up digitalization of Chinese service providers amid Covid-19
As Alipay continues to battle WeChat for super-app supremacy, it's created a stronghold in China’s services industry, where 80% of businesses still operate under brick-and-mortar models
Haoyiku makes it possible to offer genuine products at lower prices
When e-commerce is combined with social media, everybody wins
China reverses ban on street vendors to boost economy, sparking new demand for digital solutions
Alibaba, Tencent, Meituan and other tech giants give roadside vendors digital makeover, so they can compete with fast-food chains like McDonald’s, KFC and Pizza Hut
Analysing and leveraging data: Interview with Datanest co-founders
From credit scoring to demand forecasting, Datanest has built many machine-learning products and looks to raise new funding, expand beyond Indonesia
Day Day Cook: Creating content that sells
She may not be a celebrity chef but Norma Chu, the analyst-turned-cook, is a familiar face in food-obsessed Hong Kong, where she has her recipe website to encourage youths to learn cooking
UPDATE: Indonesian mPOS startup Cashlez raises IDR 85bn from IPO in May
Cashlez is the first fintech company to list on the Indonesia Stock Exchange; will spend over 60% of proceeds to acquire payments company in toll road market
Gago Inc: Satellite data agritech startup ramps up growth with financial sector solutions
Founded by former NASA scientists, Gago began as a data solution to improve China’s traditionally low-yielding and inefficient smallholder-based farming sector
In China, e-commerce platforms and brands bet big on live commerce
Retailers embrace shopping via livestreaming, where social media influencers hawk products and get rapid sales
No bank account? In Indonesia, you can still shop online
Indonesian startups are racing to serve the millions of consumers that banks haven’t reached. Here’s a look at some of the leading players, their innovations and how they have redefined the market
Bobobobo: Indonesian luxury at a click
Amid a booming local e-commerce market, this startup carves a niche for itself in upscale trending goods and experiences influenced by Indonesia’s rich traditions
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