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The world’s most valuable fintech firm, Ant Financial Services originated from Alipay, the third-party payments platform under the Alibaba Group. Today, it also runs a money-market fund and an online bank. Ant Financial has more than 450 million active users. It has also expanded into foreign markets, including the US, UK, Germany, Thailand and Australia, and expects more than 60% of its transactions to come from outside China by 2026. It targets to serve 2 billion users then.
The world’s most valuable fintech firm, Ant Financial Services originated from Alipay, the third-party payments platform under the Alibaba Group. Today, it also runs a money-market fund and an online bank. Ant Financial has more than 450 million active users. It has also expanded into foreign markets, including the US, UK, Germany, Thailand and Australia, and expects more than 60% of its transactions to come from outside China by 2026. It targets to serve 2 billion users then.
Co-founder and CEO of Payfazz
Hendra Kwik is a co-founder of mobile financial services firm Payfazz. Trained as a chemical engineer at Institut Teknologi Bandung where he earned his bachelor's in 2012, Hendra worked for oilfield services company Schlumberger from 2013 to mid-2015. Following a three-month sabbatical, he briefly joined O2O services company Kudo before establishing Payfazz in 2016. Hendra represented Payfazz at Y Combinator in 2017, making Payfazz the first Indonesian company to graduate from the renowned incubator program.
Hendra Kwik is a co-founder of mobile financial services firm Payfazz. Trained as a chemical engineer at Institut Teknologi Bandung where he earned his bachelor's in 2012, Hendra worked for oilfield services company Schlumberger from 2013 to mid-2015. Following a three-month sabbatical, he briefly joined O2O services company Kudo before establishing Payfazz in 2016. Hendra represented Payfazz at Y Combinator in 2017, making Payfazz the first Indonesian company to graduate from the renowned incubator program.
Co-founded by Robin Li and six others in 2000, Baidu, Inc., is a search engine provider with 80% of the Chinese market. Its business consists of three parts: search services, transaction services and iQiyi video services. Search services are targeted at internet users; pay-for-placement services, for example, are triggered by search queries. Transaction services include Baidu Nuomi, Baidu Maps, Baidu Connect, Baidu Wallet, etc. iQiyi is an online video platform with a content library that includes licensed and self-produced films and shows. In 2017, Baidu invested mainly in the fields of AI, transportation and enterprise services.
Co-founded by Robin Li and six others in 2000, Baidu, Inc., is a search engine provider with 80% of the Chinese market. Its business consists of three parts: search services, transaction services and iQiyi video services. Search services are targeted at internet users; pay-for-placement services, for example, are triggered by search queries. Transaction services include Baidu Nuomi, Baidu Maps, Baidu Connect, Baidu Wallet, etc. iQiyi is an online video platform with a content library that includes licensed and self-produced films and shows. In 2017, Baidu invested mainly in the fields of AI, transportation and enterprise services.
Founder and CEO of Gouguanjia
Sun Li had his first (failed) startup in auto services, in 2013, and had previously worked for many years in an internet company.
Sun Li had his first (failed) startup in auto services, in 2013, and had previously worked for many years in an internet company.
Koubei.com is a local services platform founded by the Alibaba Group and Ant Financial Services Group.
Koubei.com is a local services platform founded by the Alibaba Group and Ant Financial Services Group.
Japanese outsourcing company, Transcosmos was established in 1966. The company currently offers cost reduction services, such as contact center and HR, and sales expansion services such as Big Data analysis.
Japanese outsourcing company, Transcosmos was established in 1966. The company currently offers cost reduction services, such as contact center and HR, and sales expansion services such as Big Data analysis.
Co-founder and CEO of Oper
Robin Lazendra is the CEO and co-founder of Oper Indonesia, a designated-driver services platform. He previously founded the Indonesian social media app GetFolks. He studied IT at Bina Nusantara university in Jakarta.
Robin Lazendra is the CEO and co-founder of Oper Indonesia, a designated-driver services platform. He previously founded the Indonesian social media app GetFolks. He studied IT at Bina Nusantara university in Jakarta.
Co-founder of Volantis
Gayuh Tri Satria graduated from Universitas Gadjah Mada in Indonesia with a bachelor's degree in Physics. While still in university, he and Bachtiar Rifai established Jogja Web Services, which provides digital advertising and other services to SMEs. The duo continued on to establish digital marketing consultancy WireHub, digital ad automation company Kofera and, most recently, AI-ready, “data unification” platform Volantis Technology. Between 2012 and 2018, he took on various jobs in other companies, including travel aggregator website Pegipegi, the Lazada Group and now-defunct, social travel site Burufly. He also worked as a blogger and graphic designer on a freelance basis.
Gayuh Tri Satria graduated from Universitas Gadjah Mada in Indonesia with a bachelor's degree in Physics. While still in university, he and Bachtiar Rifai established Jogja Web Services, which provides digital advertising and other services to SMEs. The duo continued on to establish digital marketing consultancy WireHub, digital ad automation company Kofera and, most recently, AI-ready, “data unification” platform Volantis Technology. Between 2012 and 2018, he took on various jobs in other companies, including travel aggregator website Pegipegi, the Lazada Group and now-defunct, social travel site Burufly. He also worked as a blogger and graphic designer on a freelance basis.
Co-founder of Mobvoi
Li holds a master’s in Information Management from the University of Maryland. She used to work as a senior manager for MicroStrategy, a US business intelligence, mobile software and cloud services provider.
Li holds a master’s in Information Management from the University of Maryland. She used to work as a senior manager for MicroStrategy, a US business intelligence, mobile software and cloud services provider.
Founder and CEO of Pengyoufan
A former senior executive at Standard Chartered Bank and HP, Wang Huawei went on to set up his own business in internet investment/wealth management information services, Weitouhuirong (Beijing) Network Technology; and subsequently, P2P financing-social networking app Pengyoufan.
A former senior executive at Standard Chartered Bank and HP, Wang Huawei went on to set up his own business in internet investment/wealth management information services, Weitouhuirong (Beijing) Network Technology; and subsequently, P2P financing-social networking app Pengyoufan.
Co-Founder and CEO of UangTeman
Singaporean Aidil Zulkifli was a commercial lawyer at Duane Morris & Selvam before founding the financial services comparison portal KreditAja.com in Indonesia in 2013. It was later sold to Singapore’s Moneysmart.sg in 2014. He then founded UangTeman in 2015.
Singaporean Aidil Zulkifli was a commercial lawyer at Duane Morris & Selvam before founding the financial services comparison portal KreditAja.com in Indonesia in 2013. It was later sold to Singapore’s Moneysmart.sg in 2014. He then founded UangTeman in 2015.
Founder and CEO of Idachu
A serial entrepreneur with two failed online-to-offline startups since 2011, in free parking and domestic help matching services, Xue is also a former marketing and social media specialist, having worked in the finance industry, Amazon, Baidu and CBSI.
A serial entrepreneur with two failed online-to-offline startups since 2011, in free parking and domestic help matching services, Xue is also a former marketing and social media specialist, having worked in the finance industry, Amazon, Baidu and CBSI.
Co-founder of Sharkpark
The founder of Nasdaq-listed computer-based testing services firm ATA Education Group and Zhihuitianxia (Intelligent World), a supplier of science experiment kits and teaching materials for schools and kindergartens, Ma Xiaofeng is an economics graduate of Nanjing University.
The founder of Nasdaq-listed computer-based testing services firm ATA Education Group and Zhihuitianxia (Intelligent World), a supplier of science experiment kits and teaching materials for schools and kindergartens, Ma Xiaofeng is an economics graduate of Nanjing University.
Founder and CEO of Luckin Coffee
Qian was a founding member and COO of car rental company CAR Inc, which is traded publicly on SEHK, and car services provider UCAR, which is traded on NEEQ. Qian received her EMBA from Peking University.
Qian was a founding member and COO of car rental company CAR Inc, which is traded publicly on SEHK, and car services provider UCAR, which is traded on NEEQ. Qian received her EMBA from Peking University.
CEO and co-founder of Volantis
Bachtiar Rifai graduated in 2010 with a bachelor's degree in Physics from Universitas Gadjah Mada, but his career has led him towards entrepreneurial pursuits, especially in technology. While he was in university, he worked freelance as a web designer and SEO consultant, and in 2008, founded his own digital marketing company, Jogja Web Services, which was dedicated to helping SMEs. In 2012, he left Jogja Web Services, joined travel booking site Pegipegi – now owned by Traveloka – and founded a new digital marketing consultancy, WireHub. In 2014, he joined Lazada and Blanja.com. In 2015, Rifai and his co-founders established Kofera, which offers automated digital marketing using AI. Kofera helps its clients efficiently connect various types of data, including sales and stock, on one platform, where the data can be accessed, processed and used to automatically guide ad spending. In 2018, Rifai spun off a new business from Kofera: Volantis, a company that applies Kofera's data-driven principles to more use cases and provides enterprise clients with end-to-end services.
Bachtiar Rifai graduated in 2010 with a bachelor's degree in Physics from Universitas Gadjah Mada, but his career has led him towards entrepreneurial pursuits, especially in technology. While he was in university, he worked freelance as a web designer and SEO consultant, and in 2008, founded his own digital marketing company, Jogja Web Services, which was dedicated to helping SMEs. In 2012, he left Jogja Web Services, joined travel booking site Pegipegi – now owned by Traveloka – and founded a new digital marketing consultancy, WireHub. In 2014, he joined Lazada and Blanja.com. In 2015, Rifai and his co-founders established Kofera, which offers automated digital marketing using AI. Kofera helps its clients efficiently connect various types of data, including sales and stock, on one platform, where the data can be accessed, processed and used to automatically guide ad spending. In 2018, Rifai spun off a new business from Kofera: Volantis, a company that applies Kofera's data-driven principles to more use cases and provides enterprise clients with end-to-end services.
In Indonesia, equity crowdfunding is gaining in popularity among SMEs, challenging P2P lending
Equity crowdfunding platforms are offering new approaches to SME financing in Indonesia, with more players entering the market
Omniflow gets €2 million boost for its solar-, wind-powered IoT street lights
Thanks to Portugal's Omniflow, renewable energy street lamps doubling up as Wi-Fi hotspots, e-chargers and traffic monitors may soon be ubiquitous street furniture in tomorrow's smart cities
Xurya: Pioneering solar power as a service in Indonesia with a leasing model
Targeting corporate customers without need for any upfront payment, two-year-old Xurya has already attracted major clients, and investment from Clime Capital’s impact investment fund SEACEF
Satelligence: Satellite data and AI helping corporate giants source commodities more sustainably
Satelligence monitors environmental risks across 6bn hectares of mostly tropical forest for high-profile clients such as Pepsico, Nestlé and Unilever
Cryptosolartech: Harnessing solar power to make cryptomining less environmentally harmful
The Spanish startup also sources cheaper electricity for cryptomining. It recently raised €8.85m in a pre-ICO, enabling it to build the world's first solar-powered cryptomining farm
Les Nouveaux Affineurs: Disrupting centuries-old French cheese culture
Backed by Michelin-star chefs and investors, Les Noveaux Affineurs is gearing up to be a global player in the billion-dollar vegan cheese market
From delivery riders to MSMEs, Igloo aims to make insurance more accessible
Expanding from its origins in e-commerce insurance, Igloo seeks growth in credit insurance and income protection for middle-income groups in Southeast Asia
MIWA Technologies: Reducing food waste and packaging with smart refill vending system
MIWA’s solution lets consumers buy exact refill quantities in personalized containers, eradicating need for single-use plastics throughout the supply chain
MioTech: Early mover in China ESG data and analytics for investing, corporate reporting
Hong Kong-based fintech uses AI technologies to monitor ESG data and risks in real time, turn unstructured data into reliable insights
Sennotech offers affordable gait analysis on a mobile phone
Sennotech’s smart gait analysis system helps users choose comfy shoes, improve sports performance and foot health, and facilitate rehabilitation training
Clicars: Bringing certainty to buying a used car
Spanish online used car dealer aims to sell 10,000 vehicles by 2021 via its unique sales offer that has booked it €50 million in sales since 2016
Portugal's health & medtech startups: Taking innovation and disruption to heart
Backed by local and foreign money, Portugal’s healthcare and medical technology startups are hungry to go global
Allen Zhang: Father of WeChat and its string of innovations
Get to know the man behind the app in every Chinese user's smartphone
HOOP Carpool: Graduates bootstrap ride-sharing app to facilitate sustainable commuting
South Summit Malaga (Smart Mobility Encounters) winners Nathan Lehoucq and Andrea García Torrijos discuss their ride-sharing app for consumers and corporates
Waterdrop: Using crowdfunding and social media to disrupt health insurance
Insurtech startup Waterdrop helps families in China who cannot afford medical treatment to raise money via online mutual aid and crowdfunding, while selling insurance plans too
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