The Asia Tech Podcast hosted William Li, the CEO of Akulaku, which recently announced a $100MM investment from Thailand’s Siam Commercial Bank. Akulaku is a digital finance platform that includes credit and e-commerce, wealth management, and digital banking (via Bank Neo Commerce).
Some of the topics that William covered:
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The founding of Akulaku as an outgrowth of a remittance business in Hong Kong
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Built the remittance business for the overseas workers of the Philippines, Indonesia, and Bangladesh
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Getting a Master’s Degree at Washington and Lee
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Getting exposure to many businesses as part of the investment team at Ping An
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The vision of Akulaku and how it evolved
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The realization that affordable and accessible financial services can help a lot of people
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Pivoting with very little cash left
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Acquiring a bank in Indonesia and completely restructuring it
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Lebron James or Steph Curry as a model for business
Other titles we considered for this episode:
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It’s Really a Giant Leap
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Go Deep Also Means Go Big
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People Who Believe In Data and Machine Learning Finally Win
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