Founders Drinks Feb
Wednesday, February 25th,
18:30 to 21:00
The Working Capitol
1 Keong Saik Road Singapore 089109
With an estimated growth to 300 million Internet users in South East Asia, the region is set to become one of the world’s fastest-growing markets for e-commerce, with online and mobile-based purchases expected to exceed $22 billion in 2015 alone. How can Fintech players in the region innovate themselves to keep up with the market trends? Mr. Shailesh Naik, the founder and CEO of MatchMove Global, explains why he decided to take a big leap of faith to venture into Fintech.
Mr. Shailesh Naik is the founder and CEO of MatchMove Global (www.matchmove.com), one of Singapore’s fastest growing technology company, providing innovative enterprise solutions to help businesses increase revenue, user engagement and loyalty through the strategic use of customizable cloud-based platforms.
MatchMove started out as a digital entertainment solution provider that helps online businesses increase revenue, user engagement and loyalty through the strategic use of gamification, social networking and mobile commerce platforms. Over a three-year period, MatchMove grew its revenue by 902 percent. Eilers Research named ‘MatchMove one of the 10 most important skill game companies in the world”.
In 2014, MatchMove started a new division called MatchMove Pay. MatchMove Pay then launched the MatchMove Wallet, Asia’s first mobile wallet and payment card, in partnership with American Express. The MatchMove Wallet is a Platform-as-a-Service (PaaS) solution that enables any major brands to easily issue secure mobile payment cards to reach millions of uncarded and unbanked shoppers in Asia and emerging markets. The wallet also supports other major networks like MasterCard, Visa, Union Pay and JCB.
In October 2014, MatchMove was recognised in the highly competitive global Fintech competition, the SWIFT Innotribe Startup Challenge at SIBOS as “Top Innovator”. The company has also ranked as Singapore’s fastest-growing technology company in Southeast Asia in the Deloitte Technology Fast 500 Asia Pacific in 2013 and also awarded the Red Herring Top 100 Asia and Red Herring 100 Global in 2012.
A proven business builder with successful track record in high-tech and new media sectors across China, India, Korea, Singapore and all of SE Asia, Shailesh has also made five successful investments in online entertainment and e-commerce companies across Asia and the US. He has also served on the iN2015 committees developing Singapore’s new national IT masterplan. He is a Founding Investor in Aavishkaar, a Singapore based social venture fund focused on startups in India and South East Asia.