Since Moses Lo was a child, he has been fascinated by technology and finance. He learned about fractional reserve banking when he was 12 years old and fascinated by the workings of a system responsible for printing money. His family purchased his first computer around the same time, and the first thing Moses did was dismantle it.
Digital infrastructure and physical infrastructure were really lacking when we first began. It is changing but it remains as the main issue. There is still a long way for us to achieve global standards. Over the last couple of years, Indonesia has catapulted past other parts of the region. As the infrastructure improves, you can see the proliferation and the number of start-ups booming and growing quickly, which could not have been done with the infrastructure that existed a few years ago.
In recent years, Indonesia's digital financial services have experienced a boom as COVID-19 became the unexpected catalyst that accelerates digital transformation and technology adoption. The immense adoption of digital financial services is driven by several key factors, including growth in mobile internet penetration, the rise of digital merchants, and accelerating consumers' adoption.
East Ventures 2021 recap: 80+ deals made across SEA’s fastest growing sectors, aiming for sector diversification in 2022
Welcoming the new year of 2022, East Ventures is taking this opportunity to look back and reflect on the year 2021. Just like the rest of the world, the COVID-19 pandemic has also severely impacted our ecosystem—not only Indonesia, but it also took a heavy toll on Singapore and other SEA countries as well.
East Ventures di 2021: 80+ deal di berbagai sektor unggul di Asia Tenggara rampung, mengincar diversifikasi sektor di tahun 2022
Menyambut tahun 2022, East Ventures mengambil kesempatan ini untuk melihat kembali dan merefleksikan tahun 2021. Sama seperti di seluruh dunia, pandemi COVID-19 juga memberikan dampak yang sangat besar pada ekosistem kami—tidak hanya di Indonesia, namun juga Singapura dan negara-negara Asia Tenggara lainnya.
East Ventures telah berinvestasi di sektor keuangan atau financial technology sejak tahun 2014, dan telah exit dari tiga startup pada tahun 2018.
East Ventures have invested in financial technology or fintech sector since 2014, and have exited three companies by 2018.