Tech for Good Wilson Koh Group Treasurer
SEA’s leading Super App Mobility-enabled Financial services services GrabPay GrabRewards GrabInsure GrabShuttle GrabLending ...and much more
166 Million App Downloads 9 Million Grab is Micro-Entrepreneurs 339 uniquely Cities 8 Southeast 13 Million Countries Asian Source: 2019, Grab
Two-speed Southeast Asia 4
Investment in high growth countries 5
Funding for SEA tech companies
Access to financial services 7
Solving SEA’s Biggest Problem >70% Underbanked and underserved <10% Loan penetration 120% Mobile Penetration
Providing Access to Loans Better Credit Decision Approval Time Making 2 minutes 7 Vintage 744 59 Risk Score 4 Access to credit 4 Entertainment Transport 16 $760 Rides Spend Thousands of “credit invisible” Food $161 Airport Rides 8 Spend 5 Avg. Trip Distance
Providing Access to Insurance Premium per Trip $0.10 - $0.50 Accumulated Coverage per Trip $200
Grab social impact
Empowering >9M micro-entrepreneurs
Millions of lives uplifted
Growth and life expectancy 14
Technology as an instrument of change 15
Key technologies to improve well-being 16
Policy makers and businesses 17
What should we do? 18
What are ASEAN youths telling us? 1) Strong commitment to lifelong learning and a growth mindset 19
What are ASEAN youths telling us? 2) The number one reason to change jobs is to learn new skills 20
What are ASEAN youths telling us? 3) Tech sector jobs are favoured vs traditional 21
Key takeaways • Be thankful we are living in a thriving economic hotspot. • 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. 22
Thank you! The Super App for Southeast Asia’s Everyday Needs Jerald Singh, Group Head of Product & Design, Grab
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