How these innovative fintech leaders are democratising wealth in Asia

With the power of technology, these leaders in the financial industry are shaping a more inclusive and prosperous future for all

The innovative fintech leaders from Asia’s Most Influential and Gen.T are accelerating financial inclusion in the region. By leveraging the power of technology, including blockchain, AI and the mobile phone, they rewrite the rules of the game, providing user-centric financial services for loans, insurance, credit cards and more. As they remove the barriers of traditional banking systems and make money management more accessible, these CEOs and founders are democratising wealth. Through fintech, they allow more economic opportunities to be open to individuals from various backgrounds and businesses of any size, creating a rising tide that lifts all boats.

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Andre Soelistyo, CEO, GoTo Financial (Indonesia)

Above Andre Soelistyo, CEO, GoTo Financial

Andre Soelistyo has been instrumental in the growth of GoTo, Indonesia’s largest tech ecosystem that operates household names such as Gojek, Tokopedia and GoTo Financial. As CEO of Gojek, Soelistyo led the tech platform’s transformation into Indonesia’s first homegrown unicorn. In 2021, he presided over the merger of Gojek and e-commerce firm Tokopedia into GoTo, becoming its group CEO. And in 2022, he guided the business through its IPO on the Indonesia Stock Exchange. This month, GoTo announced that the tech leader may take on the role of deputy chairman in charge of the group’s long-term and sustainable growth.

Soelistyo is also the CEO of GoTo Financial (GTF), the fintech firm that accelerates financial inclusion in the country. Through the digital wallet and financial services platforms GoPay and GoPayLater, the company makes managing funds easier, allowing users to send and receive money and pay for good services anywhere. For businesses of all sizes, GTF also provides a payment gateway, a point-of-sale network and a slew of money management solutions, including the financing platform GoModal for MSMEs.

Read Andre Soelistyo’s full profile on Asia’s Most Influential

Robin Ang, co-founder, Finology (Malaysia)

Above Robin Ang, co-founder, Finology

“Our mission at Finology is to simplify insurance and make it more accessible to everyone,” said Robin Ang, co-founder and CEO of Finology, about his recent partnership with insurance firm Tokio Marine and logistics solutions company KirimMan. Together, the firms will provide affordable insurance for gig economy workers, particularly delivery riders who have become the heart of modern businesses. Among Finology’s new products is personal accident protection, covering accidental death and medical and ambulance expenses, for as low as MYR1 per day.

The Kuala Lumpur-based firm, which services clients in Malaysia, Indonesia, Cambodia, Nepal and Pakistan, gives people better access to financial products through embedded finance. For companies, Ang’s Finology offers the tech-powered lending and insurance suites Loanplus, which accelerates loan approvals, and Coverplus, which distributes digital insurance. Meanwhile, Loanstreet provides the everyman with a wealth of financial information, which can help in making sound decisions about loans, credit cards and car and motorcycle insurance.

Read Robin Ang’s full profile on Asia’s Most Influential

Daren Guo, co-founder, Reap (Hong Kong)

Above Daren Guo, co-founder, Reap

With the goal of enabling businesses through financial connectivity, Daren Guo co-founded Reap, the fintech platform that combines spend management software with payment products to streamline day-to-day processes. Reap Card, for example, is a corporate credit card that allows digital access to capital and simplifies employee reimbursements, while Reap Invoice is a one-stop payment management tool that generates commercial invoices for free.

Reap, in partnership with crypto payment gateway Triple-A, launched Reap Pay, its newest solution that allows businesses to pay anyone using cryptocurrency. For Guo, the seamless service, which supports Bitcoin, Ethereum, Tether and USD Coin without the need to switch between wallets and bank accounts, meets “...the growing demand for a faster and cost-effective crypto payment process for businesses.”

Read Daren Guo’s full profile on Gen.T

Tatler Asia's Most Influential is the definitive list of people shaping our world today. Asia's Most Influential brings together the region's most innovative changemakers, industry titans and thought leaders who are driving positive impact in Asia and beyond. View the full list here.

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Topics

Asia’s Most Influential Asia’s Most Influential 2022 Gen.T Robin Ang Andre Soelistyo Daren Guo Wealth