Asia Tech Podcast – Episode 65 – Arvin Singh – co-Founder, COO – hoolah – Make an Investment Into Quality

by | Mar 5, 2020

I have wanted to have Arvin Singh come on to the show for a while, and with all of the news around hoolah, now was a perfect time.  Arvin is a co-Founder and the Chief Operating Officer of hoolah.  On the occasion of announcing a significant Series A funding round, we had an interesting conversation about what has changed since we had another hoolah co-Founder, Stuart Thornton, on the show a bit more than a year ago.

hoolah essentially allows consumers to buy the things they want now and pay for them in three installments with no interest payments.  It also helps merchants drive conversion, both online and offline and hoolah helps drive traffic to its partners websites.  By making this process transparent it makes it easier for consumers to purchase the items they want.  One of the fundamental ideas of hoolah is to allow consumers to purchase these items via ‘responsible affordability’. 

Interestingly, the results of a merchant joining hoolah’s network are pretty consistent across verticals.  On average, merchants are seeing anywhere from 25-35% increase in conversion rates and in the basket size as well.  Let’s be clear as well, that with 90% of retail still occurring offline, hoolah is an omnichannel solution, working with both online and offline merchants.

Arvin and I discussed in more detail about their Series A raise.  This was a double-digit million dollar raise, that included some of hoolah’s existing investors and some new, strategic investors as well.  Some of these include Genting Ventures, Allectus Capital out of Australia, Max Bitner (Former Group CEO of Lazada) and Tim Neville (CEO – APAC, FNZ Group). 

The significance of this raise is about funding growth which also means bringing on talent, but also business expansion starting with officially announcing a move into Malaysia.  It also means building and creating hoolah into an omnichannel solution for merchants across the board.

Asia Tech Podcast - Episode 65 - Arvin Singh - co-Founder COO - hoolah - Make an Investment Into Quality

by Arvin Singh | Asia Tech Podcast

Latest Episodes:

EP 323 – Building Businesses and Breaking Barriers: A Global Entrepreneurial Odyssey – Meenah Tariq – CEO of Metric

EP 323 – Building Businesses and Breaking Barriers: A Global Entrepreneurial Odyssey – Meenah Tariq – CEO of Metric

In this episode of the Asia Tech Podcast, ⁠Meenah Tariq⁠, CEO of ⁠Metric⁠ and an experienced entrepreneur with deep roots in emerging markets, shared her journey and the lessons she’s learned along the way. Meenah discussed her early introduction to entrepreneurship in Pakistan, beginning with childhood ventures that sparked a lifelong passion for business.

read more
EP 322 – Stripe’s Strategy Shift: How Open Payment Systems Benefit Primer – Gabriel Le Roux – co-Founder and CEO of Primer

EP 322 – Stripe’s Strategy Shift: How Open Payment Systems Benefit Primer – Gabriel Le Roux – co-Founder and CEO of Primer

“What we are saying is, hey, right now you have this unified infrastructure that allows you to do payment experimentation. And guess what, if you want to try and test different services, now you have access to an app store of services, you go in, in the Primer dashboard, they can just like toggle on and off, like the services you want to use. You can add test them, AB testing in the world of payments is simply impossible, right?”—

The Asia Tech Podcast welcomed Gabriel Le Roux, a co-Founder and the CEO of ⁠Primer⁠ back to the show for a quick catch up. Gabriel had written a post on how Stripe’s new openness would change the payment space and I wanted to record about it.

read more
EP 321 – Understanding SME Pain Points: Strategizing Digital Transformation Across Asian Markets – Christopher Yu – President & CFO at KPay Group

EP 321 – Understanding SME Pain Points: Strategizing Digital Transformation Across Asian Markets – Christopher Yu – President & CFO at KPay Group

“I think Hong Kong is a very special city. I think the spirit of the people, it’s been a very entrepreneurial city over whatever, 100 plus years…Hong Kong, at the end day also has a good capital markets environment, for fundraising, especially for companies that have good traction and whatnot, I think it’s a great place to track capital.” – ⁠Christopher Yu⁠

The Asia Tech Podcast hosted Christopher Yu, the President and CFO at ⁠KPay Group⁠. Chris shared his journey from investment banking to the entrepreneurial sector, highlighting his transition from a generalist in the corporate realm to embracing more entrepreneurial challenges. It was a really cool conversation.

read more