In this episode, we're back with a returning guest, Flip CEO and co-founder Rafi Putra Arriyan. Fresh from announcing their US$48M Series B round, co-led by Insight Partners, Insignia Ventures, and also Sequoia Capital, Rafi, or Ari as he is called, goes on call to catch us up on what has happened since last year, give us some updates on how Flip has grown their ecosystem since then that has led to this last round. As a leader of one of Indonesia’s earliest fintechs, Ari also shares his views on the evolution of fintech user behavior, infrastructure, and regulation over the past few years.They serve over 7 million users across Indonesia with their money transfer app, and their business solutions cater to hundreds of companies from SMEs to much larger businesses, across disbursement, payroll, supplier payments, etc. They have been recently ramping up their hiring with new initiatives in the pipeline, from business operations to product and engineering roles. Check out Flip's career page and LinkedIn for open positions. TranscriptTimestamps(00:28) Paulo introduces Flip and Rafi Putra Arriyan (Ari);(02:38) Expanding interoperability of Flip’s money movement platform over the past year;(03:45) The culture of money transfer in Indonesia;(05:22) Listening to users and maturing fintech infrastructure;(06:41) How Flip and Rafi gain insight into their 7M+ users;(08:12) Evolution of fintech-bank partnerships in Indonesia;(10:03) Evolution of fintech regulation in Indonesia; (11:27) Evolution of fintech infrastructure in Indonesia;(13:58) How Flip is leveraging its latest round of funding;(15:04) Culture of fairness and remote working;(17:56) Best practices on remote working;(21:12) Attracting unicorn and top tech talents;(21:53) Rafi’s biggest lesson from leading Flip in the last five years;(23:53) Biggest gap in Indonesia’s fintech landscape;(25:25) Next five years for Flip;(26:36) Rapid Fire Round;About our guestRafi Putra Arriyan started Flip after he and his co-founders spotted an inefficiency in the interbank fund transfers segment in Indonesia. Ari holds a Bachelor’s Degree in Computer Science from Universitas Indonesia (UI), one of the most prestigious universities in Indonesia.Music: Cool Upbeat Background Music For Videos by MorningLightMusicTags: startup, Southeast Asia, founder, entrepreneurship, business, technologyThe content of this podcast is for informational purposes only, should not be taken as legal, tax, or business advice or be used to evaluate any investment or security, and is not directed at any investors or potential investors in any Insignia Ventures fund. Hosted on Acast. See acast.com/privacy for more information.