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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.
SWORD Health: Reinventing the wheel for physiotherapy
AI-powered healthcare tech brings relief to overworked and understaffed physiotherapy providers
EatTasty: Portugal's sustainable meal delivery service has arrived in Spain
EatTasty's different and more sustainable business model turns the on-demand food delivery sector on its head
As more Chinese opt for cosmetic surgery, startups have emerged to help them make informed decisions
China’s medical aesthetic services platforms face both opportunities and challenges with the rise of Generation Z
AgroCenta: Providing market access and credit to African smallholder farmers
AgroCenta’s platforms empower Ghanaian subsistence farmers, especially women, boosting productivity and sales with e-payments, micro-credits and insurance, and direct connections to buyers, cutting out the intermediaries
Spain's gig and sharing economy startups flourish, despite barrage of restrictions
Startups like Glovo and Spotahome topped fundings raised in 2018 despite local regulatory risks, as Spanish tech firms conquer overseas markets
Ruangguru cracks business model as it reaches 13 million student users
Holding pole position as Indonesia's popular tutoring services app, Ruangguru is revving up to expand into the lucrative corporate training sector
Polaroo: An expense app that finds the best deals and automates payments
Take control of your finances and save money and time with Polaroo's personalized expenses app
How Sequoia Capital China is helping its portfolio startups get through the Covid-19 crisis
The renowned investor is also making big bets on the opportunities that lie head
China's WeDoctor offers free coronavirus consultations globally in English and Chinese
WeDoctor lets anyone in the world send queries to doctors who fought to save lives in China's most affected Covid-19 districts, and now helping people overseas to stay safe during the pandemic
Jakarta Smart City seeks startup solutions for life in post-Covid “new normal”
From collaborative working to cyberbullying, these startups will soon work with Indonesia’s first smart city agency
Checkealos: The UX testing platform helping companies boost conversion, engagement and sales
The Spanish startup aims at US expansion with its 13m-strong tester database and simple, intuitive platform
Coinscrap: Digital piggy banks for millennials
Smart savings app helps young consumers save and invest every cent of spare change by rounding up payments for purchases
Shilling Capital Partners: Growing Portuguese tech businesses from seed
An early mover, the influential angel investing firm is accelerating local techs into Brazil and globally
A sub-second response time in cloud computing? Yes, with QingCloud, you can
Unusually for China, this five-year old startup chose to pursue slow expansion instead of a rapid growth model – a move that's now giving it an edge over the competition
Tokopedia gets hacked, 91m customer records for sale on the dark web
Tokopedia is investigating the breach, and users should change their passwords as soon as possible
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