2006 Information Systems Co-op Moses Lo is the 2020 UNSW Alumni Award winner for Innovation & Entrepreneurship, it was announced today. Moses is the founder and CEO of Xendit, a payments infrastructure business in Southeast Asia, and a true trailblazer whose vision has permanently changed the financial landscape in Asia. He founded the company in 2015 and has since built it into what is now one of the fastest growing payment companies in the world. See the moment Moses finds out he has won here.
Xendit enables businesses to accept payments, hold funds and send payouts at scale. At present, Xendit processes more than $2 billion (USD) per year for customers such as Samsung, ANT Financial and Wish.com. The idea for Xendit was hatched while Moses was still at UNSW after he recognised the difficulties fellow students had in transferring money without incurring significant fees. Following his time at UNSW, he travelled to the United States to study an MBA at Berkeley.
Xendit was the first Indonesian company to be accepted at Y Combinator, widely acclaimed as the best accelerator program for high-growth startups in the world. Moses’ entrepreneurial spirit and professionalism saw him named in the Forbes 30 under 30 Asia (Finance and Venture Capital) in 2016, and Xendit recognised within the CNBC Upstart 100 and the Best B2B Payments Initiative in Southeast Asia.
The UNSW Alumni Awards is a fantastic acknowledgment of the hard work of all those nominated and selected for the accolade, and the Co-op Program joins the UNSW Business School and School of Information Systems in congratulating Moses for his outstanding achievement! Check out all the 2020 Alumni Award winners here https://www.alumni.giving.unsw.edu.au/unsw-alumni-awards-2020