Tag: Indonesian startups

Napkin Takeaways: Hendra Kwik of Payfazz

In this series of quick takes, we crystallize the highlights of founder interviews into bite-sized digests for your reading pleasure. If you have a quick minute between meetings, or feel like some light reading, we have your back.

In this piece, we sum up three key takeaways from Hendra Kwik, co-founder and CEO of Payfazz. The startup is a fintech platform that aims to build a network of distributed banking agents to enable a fully-digital mobile banking & payment solution for 440 million unbanked in Southeast Asia. Aside from its agent network, Payfazz has also launched a portfolio of mobile services that facilitate routine financial tasks for Indonesians without formal banking accounts, including bill payments and loans.

Read More

Indonesia’s Startup Ecosystem: Pioneers, Trends and Post-Covid-19 growth

In recent years, prominent Indonesia-based startups like Gojek and Tokopedia have been putting the archipelago on the map for start-ups and innovation.

Home to the region’s largest population (270.6 million), and economy, it is no surprise Indonesia is now prime real estate for entrepreneurs with solutions to local problems, like its largely unbanked population, its underdeveloped internet infrastructure and more.

Read More

Achmad Zaky of Bukalapak: Q&A

Meaning “open a market stall” in Bahasa Indonesia, Bukalapak is one of Indonesia’s largest eCommerce platforms and one of its most recent unicorns as well. With over 50 million monthly active users on its platform, it has been an engine of growth for small business owners within the largest economy in Southeast Asia.

We got the chance to speak to the man at the helm of this – Achmad Zaky, founder and CEO of Bukalapak*. During our chat with him, we discussed his founder journey as a fresh graduate, how small business owners in Indonesia can be empowered with technology, and his take on the evolution of the tech scene in Indonesia.

*Zaky has since left Bukalapak to start his investment fund Init 6.

Read More

Fresh insights delivered to your inbox.

I would like to receive news and updates from GGV.