“We would like to see PayFazz as the Google Play of financial services for rural people. That’s how we evolved from the bill payment agent network to finally become the go-to agents for every financial service.”
Behind every product is a story of translating business into product. In our second edition of product leaders, we explore what it takes to craft these stories, with Payfazz co-founder and CPO Jefriyanto Jefriyanto and Aspire Head of Product Damien Passavent.
“There’s definitely a very clear value chain to the consumer finance business…now possible to do through purely digital means…If you execute on them, well, then you can ultimately build a very profitable proposition.”
COVID19 has put the pedal to the metal for the digital transformation of formal education, but an impactful and profitable intervention by edtechs requires a mastery of how students learn and the gaps that traditional platforms are not able to fill.
“The social commerce market in Indonesia is massive compared to any third-world country…In the next three to five years there’s going to be four to five kingdoms of social commerce, and we’re going to be one of them.”