The Silicon Review - Best Business Review Magazine 10 Best Startups of the Year 2019 Asia | Page 50

Building a Future that is Accessible to All: Oriente The Largest and Most Innovative Financial Services Company A sia is a fast-growing economy with different levels of people. Each of them has a different pay scale or a business that generates a different amount of ROI. Keeping this in mind, Oriente was established in 2017 by the co- founders - Hubert Tai, Geoffrey Prentice, and Lawrence Chu of revolutionary internet companies Skype and LU.com who saw an opportunity to build a better, more equitable financial system for underserved consumers in Asia’s fastest-growing economies. The Company’s Products Bespoke to each market and designed locally to bring greater access and equality to millions of financially underserved consumers and MSMEs - empowering them to do more. It is creating a new infrastructure using next-gen technology: purpose-built to serve consumers wherever they are, offline and online, through a range of lending products and services. Initially, these will include powerful app-based financing solutions. The Difference in Operations 50 Oriente firmly believes that credit should be used as a tool for progress and opportunity, not JANUARY 2019 as a weapon against it. It brings together highly successful teams with a wealth of experience working in emerging markets. Leveraging cutting-edge technology and data-science combined with its strategic partnerships and their resources it creates bespoke-to-market financial solutions that put more people in control of their financial lives. The company is building the largest and most innovative financial services company in Asia’s fastest-growing economies. Its mobile-first solutions are designed to unlock financial freedom and opportunity for communities that have been left behind by the limits of existing financial systems. By making access to credit affordable, easy and timely, everyone benefits especially when it has the ability to empower and transform lives. The Firm Brings Together Great Minds, Visionary Partners, and Next-Gen Technology Oriente’s way of developing meaningful financial solutions designed to democratize access to credit people who are highly talented and excited to take risks. It brings together the best global talent in technology (AI, the blockchain, data-science), finance (asset management, banking, credit, private equity), operations (retail, sales, support), and alternative credit (micro-finance, consumer lending). Its products are built using proprietary, next-generation technology to put more power in its customer’s hands – unlocking their potential and enabling greater economic freedom and opportunity. The Partners The company’s partners are forefront and share our vision. Being local and collaborative is at the core of its quest to deliver the most complete suite of smart financial services tailored specifically for people in emerging Asia’s fastest growing economies. Today, the lack of affordable credit, even for the salaried middle-class, is a trillion-dollar problem. It is the result of a broken financial system that has undervalued millions of people. Hence now the team of digital natives with deep financial expertise and success in building and scaling innovative companies are at full pace. With this, the company will surely move up in the market due to its unique approach.