Anderson Sumarli's guest appearances

Anderson Sumarli

Thirty Days Of Lunch Podcast

On Call with Insignia Ventures

Indo Tekno Podcast

Steven Wongsoredjo

Phil Opamuratawongse

Jim Perry

Justin Kim

Albert Ho

Christian Schneider

Stephanie Davis

Anthony Chow

Craig Wheeler

Benny Chen

Andy Hwang

Paul Schulte

Amit Saberwal

Han Yu

Sharia Fintech

OwlTail

Hendra Kwik

In this episode, join us in the sixth and final installment of our fifth-year anniversary summit recaps where we feature fireside chats with thought leaders and founders across industries sharing their insights on various sectors and trends shaping the future of ASEANnovation. While global macroeconomic situations have dampened venture funding, the growth-stage companies we have represented on today’s panel have managed to close major funding rounds. In this conversation, we learned how they have weathered the storm so far, what underlying opportunities they are looking to tap into, and advice they have for fellow entrepreneurs navigating today’s fundraising environment, given that, at the end of the day, they are all building to last. Hear from Aaron Tan, CEO and Co-Founder of Southeast Asia’s leading auto retail platform Carro, Anderson Sumarli, CEO and Co-Founder of Indonesian retail investment super app Ajaib, and Hendra Kwik, CEO and Co-Founder of regional digital financial services ecosystem for businesses Fazz. The conversation was moderated by Insignia Ventures founding managing partner Yinglan Tan and took place on September 23, 2022, and both the episode and transcript have been edited for brevity and clarity. Transcript Timestamps (01:42) Lessons learned and what keeps growth-stage CEOs up at night; (11:41) Opportunities to build to last; (15:18) One-liner on what founders need to focus on in this environment; Music: Energetic and Upbeat Rock Background Music For Videos and Workouts The 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.--- Send in a voice message: https://podcasters.spotify.com/pod/show/oncallinsignia/message

In this episode, join us in the sixth and final installment of our fifth-year anniversary summit recaps where we feature fireside chats with thought leaders and founders across industries sharing their insights on various sectors and trends shaping the future of ASEANnovation. While global macroeconomic situations have dampened venture funding, the growth-stage companies we have represented on today’s panel have managed to close major funding rounds. In this conversation, we learned how they have weathered the storm so far, what underlying opportunities they are looking to tap into, and advice they have for fellow entrepreneurs navigating today’s fundraising environment, given that, at the end of the day, they are all building to last. Hear from <a href="https://www.linkedin.com/in/aarontan/" rel="nofollow" target="_blank">Aaron Tan</a>, CEO and Co-Founder of Southeast Asia’s leading auto retail platform <a href="//carro.sg" rel="nofollow" target="_blank">Carro</a>, <a href="https://www.linkedin.com/in/andersonsumarli/" rel="nofollow" target="_blank">Anderson Sumarli</a>, CEO and Co-Founder of Indonesian retail investment super app <a href="//ajaib.co.id" rel="nofollow" target="_blank">Ajaib</a>, and <a href="https://www.linkedin.com/in/hendra-kwik-4a291242/" rel="nofollow" target="_blank">Hendra Kwik</a>, CEO and Co-Founder of regional digital financial services ecosystem for businesses <a href="//fazz.com" rel="nofollow" target="_blank">Fazz</a>. The conversation was moderated by Insignia Ventures founding managing partner Yinglan Tan and took place on September 23, 2022, and both the episode and transcript have been edited for brevity and clarity. <a href="https://review.insignia.vc/2023/01/10/season-4-episode-39-carro-ajaib-fazz-built-to-last/" rel="nofollow" target="_blank">Transcript</a> Timestamps (01:42) Lessons learned and what keeps growth-stage CEOs up at night; (11:41) Opportunities to build to last; (15:18) One-liner on what founders need to focus on in this environment; Music: <a href="https://www.youtube.com/watch?v=kkJbmqfxyHw" rel="nofollow" target="_blank">Energetic and Upbeat Rock Background Music For Videos and Workouts</a> The 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 <a href="https://insignia.vc/" rel="nofollow" target="_blank">Insignia Ventures</a> fund.--- Send in a voice message: <a href="https://podcasters.spotify.com/pod/show/oncallinsignia/message" rel="nofollow" target="_blank">https://podcasters.spotify.com/pod/show/oncallinsignia/message</a>

S04 Finale: What Built to Last Means to Growth-Stage CEOs with Carro's Aaron Tan, Ajaib's Anderson Sumarli, and Fazz's Hendra Kwik

Ajaib

Ant Financial’s IPO filing last week revealed that the Chinese fintech juggernaut currently boasts more than one billion annual active users, offering a glimpse into how utterly pervasive online financial services could become in markets such as Indonesia.Indonesia’s fintech scene indeed continues to grow strongly by most measures, and this week’s Indo Tekno guest, Anderson Sumarli, CEO and Cofounder of Ajaib, is helping to lead this charge. Ajaib is an investing platform that allows Indonesians to buy and sell stocks, ETFs, mutual funds and other retail financial products. The company activated 200,000+ new retail investors in Indonesia in 2019, contributing one-quarter of all new retail investors in Indonesia last year.The pandemic has moreover served to accelerate further Indonesia’s online retail investment boom. As an example, the daily average number of Indonesian retail stock investors transacting online surged by more than 82% in the four months between March 2020 and July 2020 alone, from 51,000 to 93,000 investors. The simplest and most powerful component to Anderson’s vision of longer term secular growth in online retail investment is the fact that Indonesia has the largest capital markets in Southeast Asia but perversely has one of the world's lowest investment penetration rates, at less than 1%. There is one demographic that will continue driving the searing growth in this segment: Indonesia's mobile-first, digitally native millennials. They have proven particularly responsive to new "technology-first" trading platforms such as Ajaib. Unlike their parents, this group prefers a stock broker that is branchless, fully online and "mobile-first." As a technology-intensive, asset light online broker, Ajaib is able to offer zero commissions on mutual funds, and the lowest fees in the market for stock trading.Anderson also addressed one of the most widely discussed transactions within Indonesia’s broader financial landscape this year, namely Ajaib’s acquisition of traditional securities broker PT Primasia Sekuritas, discussing plans around integrating services, personnel and other parts of the two businesses. The most alluring challenge facing players such as Ajaib remains a profound lack of financial literacy amongst retail investors. The platform has built the country’s largest repository of investment content in the Indonesian language in order to tackle this challenge. While Ajaib has an extensive roadmap of new products laid out over the next several months, its longer term mission is to leverage technology for two main purposes: 1) broadening educational initiatives around retail investing while 2) improving affordability to all. 

Ant Financial’s <a href="https://www.cnbc.com/2020/08/25/jack-mas-ant-group-files-for-hong-kong-shanghai-ipo.html" rel="nofollow" target="_blank">IPO filing last week</a> revealed that the Chinese fintech juggernaut currently boasts more than one billion annual active users, offering a glimpse into how utterly pervasive online financial services could become in markets such as Indonesia.Indonesia’s fintech scene indeed continues to grow strongly by most measures, and this week’s <a href="https://www.indo-tekno.com/" rel="nofollow" target="_blank">Indo Tekno</a> guest, <a href="https://www.linkedin.com/in/andersonsumarli/" rel="nofollow" target="_blank">Anderson Sumarli</a>, CEO and Cofounder of <a href="https://ajaib.co.id/" rel="nofollow" target="_blank">Ajaib</a>, is helping to lead this charge. Ajaib is an investing platform that allows Indonesians to buy and sell stocks, ETFs, mutual funds and other retail financial products. The company activated 200,000+ new retail investors in Indonesia in 2019, contributing one-quarter of all new retail investors in Indonesia last year.The pandemic has moreover served to accelerate further Indonesia’s online retail investment boom. As an example, the daily average number of Indonesian retail stock investors transacting online surged by more than 82% in the four months between March 2020 and July 2020 alone, from 51,000 to 93,000 investors. The simplest and most powerful component to Anderson’s vision of longer term secular growth in online retail investment is the fact that Indonesia has the largest capital markets in Southeast Asia but perversely has one of the world's lowest investment penetration rates, at less than 1%. There is one demographic that will continue driving the searing growth in this segment: Indonesia's mobile-first, digitally native millennials. They have proven particularly responsive to new "technology-first" trading platforms such as Ajaib. Unlike their parents, this group prefers a stock broker that is branchless, fully online and "mobile-first." As a technology-intensive, asset light online broker, Ajaib is able to offer zero commissions on mutual funds, and the lowest fees in the market for stock trading.Anderson also addressed one of the most widely discussed transactions within Indonesia’s broader financial landscape this year, namely Ajaib’s acquisition of traditional securities broker PT Primasia Sekuritas, discussing plans around integrating services, personnel and other parts of the two businesses. The most alluring challenge facing players such as Ajaib remains a profound lack of financial literacy amongst retail investors. The platform has built the country’s largest repository of investment content in the Indonesian language in order to tackle this challenge. While Ajaib has an extensive roadmap of new products laid out over the next several months, its longer term mission is to leverage technology for two main purposes: 1) broadening educational initiatives around retail investing while 2) improving affordability to all.

The Online Investment Boom: Anderson Sumarli of Ajaib

On the heels of investment platform Ajaib becoming the first digital brokerage in Indonesia, CEO and co-founder Anderson Sumarli goes on a call with Insignia Ventures' Samir Chaibi to share:   the opportunities for capital markets in Indonesia, vis-a-vis markets like India and Brazil where Zerodha and XP have emerged  Ajaib's approach to building an attractive product for first-time investors and millennials what Ajaib has the under the hood as they drive investment penetration in Indonesia  This episode was recorded on Zoom, 10 June 2020. Timestamps 0:40 Introduction to Anderson by Yinglan Tan; 2:20 How Anderson first met Yinglan; 2:46 What does the acquisition of Primasia Sekuritas mean for Ajaib?; 3:49 What are the opportunities in the Indonesian market for retail investment?; 5:06 What are the parallels between Indonesia and markets like India and Brazil where the likes of Zerodha and XP have emerged?; 6:59 What are the early signs in Indonesia of the so-called "generational buying moments" into stocks?; 8:31 How does Ajaib's user experience make things easier for the first-time investor?; 9:51 What should users expect to see in the next few months from a product perspective?; 10:50 What are some success stories of users that touched Anderson?; 12:52 How democratized can stock investing be in Indonesia through Ajaib?; 14:13 Ajaib is not just a one-country platform right?; 14:41 What would be your top investment advice for first-time investors?; 16:41 Where does Ajaib want to be in the next five years?; 17:26 What message do you want to leave with our listeners?; About our guest Anderson Sumarli is the co-founder and CEO of Indonesian online brokerage platform Ajaib. Prior to Ajaib, he was an associate with BCG and part of the Chief Analytics Office at IBM. Anderson holds an MBA from the Stanford Graduate School of Business and graduated Summa Cum Laude with a Finance degree in Applied Economics and Management from Cornell University. Anderson was most recently part of the Forbes 30 under 30 Asia 2020 list along with his co-founder and COO Yada. Ajaib graduated from YC in 2018, and launched their app in 2019. Since then they’ve been bringing more and more Indonesians into investing, with 25% of new investors in Indonesia coming through their app. Music: Business As Usual by Causmic Broken Purpose by Jukedeck (2019) The 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.--- Send in a voice message: https://podcasters.spotify.com/pod/show/oncallinsignia/message

On the heels of investment platform <a href="//ajaib.co.id" rel="nofollow" target="_blank">Ajaib</a> becoming the first digital brokerage in Indonesia, CEO and co-founder <a href="https://www.linkedin.com/in/andersonsumarli/" rel="nofollow" target="_blank">Anderson Sumarli</a> goes on a call with Insignia Ventures' Samir Chaibi to share:  <ul> <li>the opportunities for capital markets in Indonesia, vis-a-vis markets like India and Brazil where <a href="https://zerodha.com/" rel="nofollow" target="_blank">Zerodha</a> and <a href="https://www.xpi.com.br/" rel="nofollow" target="_blank">XP</a> have emerged </li> <li>Ajaib's approach to building an attractive product for first-time investors and millennials</li> <li>what Ajaib has the under the hood as they drive investment penetration in Indonesia</li> </ul> This episode was recorded on Zoom, 10 June 2020. Timestamps 0:40 Introduction to Anderson by Yinglan Tan; 2:20 How Anderson first met Yinglan; 2:46 What does the acquisition of Primasia Sekuritas mean for Ajaib?; 3:49 What are the opportunities in the Indonesian market for retail investment?; 5:06 What are the parallels between Indonesia and markets like India and Brazil where the likes of Zerodha and XP have emerged?; 6:59 What are the early signs in Indonesia of the so-called "generational buying moments" into stocks?; 8:31 How does Ajaib's user experience make things easier for the first-time investor?; 9:51 What should users expect to see in the next few months from a product perspective?; 10:50 What are some success stories of users that touched Anderson?; 12:52 How democratized can stock investing be in Indonesia through Ajaib?; 14:13 Ajaib is not just a one-country platform right?; 14:41 What would be your top investment advice for first-time investors?; 16:41 Where does Ajaib want to be in the next five years?; 17:26 What message do you want to leave with our listeners?; About our guest Anderson Sumarli is the co-founder and CEO of Indonesian online brokerage platform <a href="//ajaib.co.id" rel="nofollow" target="_blank">Ajaib</a>. Prior to Ajaib, he was an associate with BCG and part of the Chief Analytics Office at IBM. Anderson holds an MBA from the Stanford Graduate School of Business and graduated Summa Cum Laude with a Finance degree in Applied Economics and Management from Cornell University. Anderson was most recently part of the Forbes 30 under 30 Asia 2020 list along with his co-founder and COO Yada. Ajaib graduated from YC in 2018, and launched their app in 2019. Since then they’ve been bringing more and more Indonesians into investing, with 25% of new investors in Indonesia coming through their app. Music: Business As Usual by Causmic Broken Purpose by Jukedeck (2019) The 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.--- Send in a voice message: <a href="https://podcasters.spotify.com/pod/show/oncallinsignia/message" rel="nofollow" target="_blank">https://podcasters.spotify.com/pod/show/oncallinsignia/message</a>

Building for Indonesia's first-time investors: On Call with Ajaib CEO and co-founder Anderson Sumarli