EP 180 - William Li - CEO of Akulaku - They're Punished Because They're Poor

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: The founding of Akulaku as an outgrowth of a remittance business in Hong Kong Built the remittance business for the overseas workers of the Philippines, Indonesia, and Bangladesh Training as a lawyer Getting a Master's Degree at Washington and Lee Getting exposure to many businesses as part of the investment team at Ping An Entrepreneurship was not a natural path The vision of Akulaku and how it evolved The realization that affordable and accessible financial services can help a lot of people Pivoting from a remittance business to a lending business when they had very little cash left Acquiring a bank in Indonesia and completely restructuring it Lebron James or Steph Curry as a model for business Other titles we considered for this episode: It's Really a Giant Leap Go Deep Also Means Go Big People Who Believe In Data and Machine Learning Finally Win

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