Indo Tekno Podcast

Fintech's Golden Opportunity: Claudia Kolonas of Pluang

October 27, 2020 Season 1 Episode 21
Indo Tekno Podcast
Fintech's Golden Opportunity: Claudia Kolonas of Pluang
Chapters
0:12
Today's episode stands at the intersection of FinTech and female entrepreneurship
0:42
Introduction to Claudia Kolonas of Pluang
0:45
Pluang inspired by HBS course "Business at the Base of the Pyramid"
1:23
Many Indonesians prefer the safety of gold
2:15
Pluang offers online gold investment products, avoids high spreads and inconvenience of offline
3:38
Gold has returned 36% over past year in IDR terms; Pluang pricing is exchange-based, transparent
5:05
Pluang focused on unbanked, first-time investors
6:14
How Pluang raises digital and financial literacy; social media often drives disinformation
7:29
Encouraging good behaviors: auto debit and goal-based savings
8:21
Pluang in the COVID era; user numbers up 20X given gold's "safe haven"
9:05
Digital gold fully Sharia-compliant
9:47
Pluang as an active market maker in gold; uniquely integrated with clearing house
11:02
Comparing and contrasting the treatment of female entrepreneurs in Indo with other countries
12:10
Women only 22% of Indo tech world, far below SEA's 32%; daycare centers at work etc needed
14:03
15% of CEO's, board seats are female; women should be brave, "outspoken"
15:12
The Pluang roadmap: equity indices, fixed income products, mutual funds
17:41
Indo's super-apps like Gojek much more partner than competitor
19:24
Business challenges: finding talent, financial literacy
21:26
Advice to aspiring female entrepreneurs: "lean in" and grab what is in front of you
21:56
Conclusion
Indo Tekno Podcast
Fintech's Golden Opportunity: Claudia Kolonas of Pluang
Oct 27, 2020 Season 1 Episode 21

(Transkrip Bahasa Indonesia di sini)
...
While the average Indonesian has always had an appreciation of gold as a reliable investment, the ravages of COVID have driven massive volumes into this "safe haven" asset. The user base of Indonesia's leading digital gold and investment platform Pluang for instance has grown a stunning 20 times since the start of the pandemic. Gold moreover has returned 36% over the past year in Rupiah terms.

Our guest on Indo Tekno, Pluang cofounder Claudia Kolonas, discusses both this exciting corner of Indonesia's FinTech scene, while also reflecting on the many challenges that face the female entrepreneur in Indonesia.

As a student at Harvard Business School, Claudia and her cofounder began on working on a business plan with inspiration from an HBS course titled "Business at the Base of the Pyramid." Pluang's focus is on unbanked, first-time investors in Indonesia and, as such, it collaborates extensively with strategic partners such as Gojek to improve digital and financial literacy amongst these first time investors. The platform enables investment in Sharia-compliant digital gold products. Pluang meanwhile has its sites set on other traditional financial products such as equity indices, fixed income products and mutual funds

With women representing only 22% of Indonesia's tech workforce (far below the region's 32%),  Claudia exhorts employers to consider expanding support of working women in the form of on-site daycare and other facilities. She meanwhile counsels aspiring female entrepreneurs to be brave and "outspoken", and to "lean in" to opportunities and be ready to grab what they can.

Show Notes Chapter Markers

(Transkrip Bahasa Indonesia di sini)
...
While the average Indonesian has always had an appreciation of gold as a reliable investment, the ravages of COVID have driven massive volumes into this "safe haven" asset. The user base of Indonesia's leading digital gold and investment platform Pluang for instance has grown a stunning 20 times since the start of the pandemic. Gold moreover has returned 36% over the past year in Rupiah terms.

Our guest on Indo Tekno, Pluang cofounder Claudia Kolonas, discusses both this exciting corner of Indonesia's FinTech scene, while also reflecting on the many challenges that face the female entrepreneur in Indonesia.

As a student at Harvard Business School, Claudia and her cofounder began on working on a business plan with inspiration from an HBS course titled "Business at the Base of the Pyramid." Pluang's focus is on unbanked, first-time investors in Indonesia and, as such, it collaborates extensively with strategic partners such as Gojek to improve digital and financial literacy amongst these first time investors. The platform enables investment in Sharia-compliant digital gold products. Pluang meanwhile has its sites set on other traditional financial products such as equity indices, fixed income products and mutual funds

With women representing only 22% of Indonesia's tech workforce (far below the region's 32%),  Claudia exhorts employers to consider expanding support of working women in the form of on-site daycare and other facilities. She meanwhile counsels aspiring female entrepreneurs to be brave and "outspoken", and to "lean in" to opportunities and be ready to grab what they can.

Today's episode stands at the intersection of FinTech and female entrepreneurship
Introduction to Claudia Kolonas of Pluang
Pluang inspired by HBS course "Business at the Base of the Pyramid"
Many Indonesians prefer the safety of gold
Pluang offers online gold investment products, avoids high spreads and inconvenience of offline
Gold has returned 36% over past year in IDR terms; Pluang pricing is exchange-based, transparent
Pluang focused on unbanked, first-time investors
How Pluang raises digital and financial literacy; social media often drives disinformation
Encouraging good behaviors: auto debit and goal-based savings
Pluang in the COVID era; user numbers up 20X given gold's "safe haven"
Digital gold fully Sharia-compliant
Pluang as an active market maker in gold; uniquely integrated with clearing house
Comparing and contrasting the treatment of female entrepreneurs in Indo with other countries
Women only 22% of Indo tech world, far below SEA's 32%; daycare centers at work etc needed
15% of CEO's, board seats are female; women should be brave, "outspoken"
The Pluang roadmap: equity indices, fixed income products, mutual funds
Indo's super-apps like Gojek much more partner than competitor
Business challenges: finding talent, financial literacy
Advice to aspiring female entrepreneurs: "lean in" and grab what is in front of you
Conclusion