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Tech for Good
Wilson Koh Group Treasurer
Financial services Mobility-enabled services
GrabShuttle
GrabLending GrabRewards GrabInsure GrabPay
...and much more
Tech for Good Wilson Koh Group Treasurer SEAs leading Super App - - PowerPoint PPT Presentation
Tech for Good Wilson Koh Group Treasurer SEAs leading Super App - - PowerPoint PPT Presentation
Tech for Good Wilson Koh Group Treasurer SEAs leading Super App Mobility-enabled Financial services services GrabPay GrabRewards GrabInsure GrabShuttle GrabLending ...and much more 166 Million App Downloads 9 Million Grab is
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Grab is uniquely Southeast Asian
Source: 2019, Grab
13 Million
166 Million 8
Countries App Downloads
339
Cities
9 Million
Micro-Entrepreneurs
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Two-speed Southeast Asia
4
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Investment in high growth countries
5
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Funding for SEA tech companies
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Access to financial services
7
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Solving SEA’s Biggest Problem
>70%
Underbanked and underserved
<10%
Loan penetration
120%
Mobile Penetration
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Providing Access to Loans
Better Credit Decision Making
744 Risk Score $760 Transport Spend Food Spend
7 4 4
Vintage Entertainment Rides 8 Airport Rides 5
- Avg. Trip Distance
59 16 $161
2 minutes Approval Time Access to credit Thousands of “credit invisible”
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Providing Access to Insurance
$0.10 - $0.50
Premium per Trip
$200
Accumulated Coverage per Trip
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Grab social impact
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Empowering >9M micro-entrepreneurs
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Millions of lives uplifted
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Growth and life expectancy
14
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Technology as an instrument of change
15
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Key technologies to improve well-being
16
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Policy makers and businesses
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What should we do?
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What are ASEAN youths telling us?
1) Strong commitment to lifelong learning and a growth mindset
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What are ASEAN youths telling us?
2) The number one reason to change jobs is to learn new skills
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What are ASEAN youths telling us?
3) Tech sector jobs are favoured vs traditional
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Key takeaways
- Be thankful we are living in a
thriving economic hotspot.
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- Watch what our youths are doing. Learn new skills. Lines are
blurred between finance, accounting, technology and data science.
- Technology can be a force for good.
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The Super App for Southeast Asia’s Everyday Needs
Jerald Singh, Group Head of Product & Design, Grab