In this episode, I speak to  Benjamin Wong, Co Founder, and CEO at Transwap

TranSwap is a Cross-Border B2B Fintech Platform, which allows you to move money better, faster and cheaper. The technology empowers businesses to seamlessly manage and execute global financial transactions, from any local connection. Its products include e-banking, FX-services, cross-border payments, payments through debit cards (Mastercard, Visa, Union Pay and Ali Pay) and wallets; the TranSwap platform also features corresponding reporting and full administrative support for 180 currencies in 120 countries. TranSwap’s integrated services are powered by a proprietary AI portal that allows you to plug-and-play anywhere with instantaneous service execution, resulting in significant savings on transaction fees and administration costs for your operations.

Benjamin and I talk about:

His background and journey to founding TranSwap

Problems the company is solving now and how his business model works

Who are the competitors? And How to differentiate its services against others in the markets?

How he finds smart people and how to transition new employees to the company culture.

The potential market and target clients, 

What are the biggest challenges in scaling the business and taking it to the next level, e.g skilled talents, money or sales and marketing

What have been the biggest mistakes while running a startup so far, how did he deal with that situation. what is the lesson learned from that?

The next step and his vision for Transwap