When Tim Scheffmann co-founded Laos-based LTS Ventures three years ago, he had a goal that continues to elude many well-meaning policymakers across large swathes of southeast Asia: to drag financially excluded citizens into the formal banking system.
“My main motivation was and is to financially include people,” the chief executive of the Vientiane-based fintech tells Euromoney. “I have been in the region for 10 years. I created a mobile-money startup in Myanmar and a blockchain-based remittance company based in Bangkok.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
