
S03E25: Powering Indonesia’s fintech infrastructure, Developing a generation of AI talent, and Driving open finance partnerships with Verihubs CEO Rick Firnando
On Call with Insignia Ventures
Episode · 1 Play
Episode · 1 Play · 21:54 · Oct 14, 2021
About
In today’s episode we have a chat with the CEO and co-founder of AI-driven data verification platform Verihubs, Rick Firnando, fresh from joining Y Combinator’s 2021 Summer cohort and subsequently announcing Verihubs’ seed round US$2.8 million which we were privileged to lead. We’re excited for Rick to share more about his story building Verihubs, the incredible progress they’ve been making, and what the potential is for AI-driven verification solutions in Indonesia and Southeast Asia. TranscriptTimestamps00:27 Paulo introduces Rick Firnando, CEO and co-founder of Verihubs;01:36 Rick on meeting Insignia through Y Combinator;02:07 How an incident with Rick’s family led to the start of Verihubs;04:35 Finding the first product-market fit with Payfazz and BCA;05:23 The four solutions Verihubs offers currently;06:40 The biggest challenge partnering with banks and financial institutions;07:37 Driving financial inclusion in Indonesia by becoming a fintech enabler in the country;10:49 Learnings from Verihubs’ YC experience;11:41 Hiring AI talent in Indonesia;12:29 Gaps that need to be filled to drive open banking adoption in Indonesia;13:38 How Rick’s diverse industry experience has shaped him as a CEO;14:26 Verihubs’ role in driving the future of fintech in Indonesia; 15:15 Fintech infrastructure layers beyond verification;15:54 The Benefits of Working with Payfazz;16:34 Applications of Verihubs solutions beyond financial services;17:07 Rapid Fire Round;About our guestRick Firnando is a serial entrepreneur, having built, run, and grown a variety of businesses from the energy sector to trading to pharmaceuticals to media and coworking, prior to starting Verihubs with his co-founder and CTO Williem Williem, a PhD in computer vision and artificial intelligence expert. 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.
21m 54s · Oct 14, 2021
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