Скачать или смотреть How Fintech and Sharia law can coexist in Southeast Asia - Ritwik Ghosh

In this episode of Next Big Wave, Tim Grassin interviews Ritwik Ghosh, the founder and CEO of Seedflex, a fintech company in Singapore, discusses his background in finance and his journey into entrepreneurship.

Ritwik explains the product offered by Seedflex, which is a Pay As You Sell Advance for merchants based on their historical volume of cashless commerce. Ritwik also talks about the decision to start in Malaysia and the opportunities and challenges in the Southeast Asian market. He highlights the importance of partnerships and scalability through partners, as well as the need to navigate local regulations and compliance in the financial services industry.

Tim and Ritwik talk about credit, how it's used, the truth about credit, and the bad rap it has. They also dive into the leaps and bounds India has made in making credit and credit-related businesses available at a rapid rate.

Here are the highlights for today's episode!

0:00 Intro
0:33 Getting to know Ritwik
4:08 Ritwik's Startup
6:01 How Ritwik thought of Seedflex
11:06 Why Malaysia as a first market?
14:30 How Tendopay scaled for an eventual exit
15:02 Sharia for lending and Seedflex
17:33 Is there a lot of opportunity in Malaysia?
20:46 Expanding Seedflex in Southeast Asia
26:57 Horror stories in Ritwik's business
30:25 What Ritwik loves being about a founder
33:22 Ritwik's lessons from being a founder
36:57 Support system for founders
40:09 VC Money dry in Southeast Asia?
42:34 Ritwik's passion project
43:11 How credit has evolved in India
48:28 Previous guest's question
49:37 Outro


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