Episode 59 and Dexter Cousins chats to Joe McGuire, CEO, and Co-founder of MyMy about Fintech and digital banking across Malysia and SE Asia.
MyMy is a Malaysian FinTech aiming to be the first Neo Bank while tackling the issue of financial inclusion. I thought this was a show about Australian Fintechs? I hear you say. Well, Joe McGuire is an Aussie and spent part of his career with Commonwealth Bank before joining Airwallex in the early days.
In 2017 Joe spotted a huge opportunity in Malaysia and began the journey of what he and the co-founders are planning to be Malaysia's first Neo Bank.
In building MyMy's core system from scratch, Joe and the team is re-defining financial services in Malaysia. And having built the technology platform that can spin up a bank in six weeks, MyMy is spinning off another business to challenge rising stars like Railsbank.
Tune in for a super interesting discussion on the challenges Joe faced launching a start up in Malaysia, the size of the SE Asia opportunity, the obligatory Covid-19 'Pivot' and why the Neo Bank model will prove to be a winner in the next decade.
For more info go to https://www.my-my.com/