William Li is the CEO of Akulaku, the largest consumer finance company in Indonesia, and a very fast-growing digital bank. Akulaku is a Southeast Asian tech company that has both Chinese and Southeast Asian management, and investors from China.
William used to work in the legal and financing industry for over 10 years. He founded the Akulaku with his co-founder Gordon, a senior developer in late 2014 and received funding from IDG. Hear William explain:
How they identified the opportunity in SEA, and pivot the business from Bitcoin to a digital bank;
Why they started with eCommerce, and how it helped with the rapid growth of their digital bank business;
The difference in the banking system among Hong Kong, mainland China, and Indonesia;
How Akulaku is structured and resources are allocated to optimize the efficiency, as well as balanced between the eCommerce and digital bank business;
What the SEA market looks like today, and why they decided to expand to Europe next;