SINGAPORE, Oct. 27, 2015—helloPay, FinTech arm of Lazada Group, today announced the launch of Odyssey, a growth and mentoring program for startups in Southeast Asia, offered in partnership with Twilio and SurveyMonkey. A first of its kind, the program brings together the experience and expertise of domain leaders in payment, online survey and cloud communications, together on one platform. Odyssey aims to help startups in Southeast Asia scale up and effectively manage their growth challenges.
In Singapore, its first country of launch, Odyssey has already partnered with the Singapore FinTech Consortium, Incubasia Ventures, Muru-D, InspirAsia, and Startupbootcamp Fintech to support the startups in their portfolio. In the coming months, the programme will expand to the Philippines, Indonesia and Thailand.
All the participating startups will be eligible to receive a host of services and mentorship from the Odyssey founding partners. This include monthly mentorship sessions and S$100,000 worth of free transactions from helloPay, customized professional services and advanced training for consumer research by SurveyMonkey, and free consumption credits between US$50 to US$250 to utilize Twilio's services. Twilio will also provide access to the Twilio Fund for startups using Twilio's platform to build mobile and web applications.
As a secure payment platform, helloPay enables merchants to receive payments from their customers through a diverse assortment of payment channels like credit cards, debit cards, online bank transfers, convenience store payments and airtime top-up counters. "As a fast growing company in a complex region, we understand the challenges faced by startups and the unique requirements in each market around the region. We are the pioneers of a no-per-transaction fees business model in Southeast Asia which is a key differentiator in a micro-transaction economy like Southeast Asia. We are thrilled to spearhead this initiative with great companies like Twilio and SurveyMonkey and look forward to expand this programme further throughout the region," said Ajay Sohoni, CEO, helloPay.
Twilio is the global cloud communications platform that serves over 700,000 developers worldwide. They power the future of business communications by enabling phones, VoIP, and messaging by embedding these communication tools seamlessly into the web, desktop, and mobile software. "We're pleased to join the Odyssey initiative with other technology leaders to advance digital commerce and growth within Southeast Asia," said Angie Bell, Partnership Director for Twilio APAC. "We look forward to work with the technology community in Southeast Asia to bring about innovation in the world of communication."
SurveyMonkey is the world's leading online survey platform, with more than 3 million survey responses every day. SurveyMonkey has revolutionized the way people give and take feedback, making it accessible, easy and affordable for everyone. Eli Schwartz, SurveyMonkey's Director of Marketing, APAC, is likewise excited to lead and guide a new wave of startups through the Odyssey. "By enabling these startups to gain insight into the target audiences with explicit data at scale, we aim to guide and help usher in new innovations in the world of communication. There is no doubt that Odyssey will help startups grow and scale faster."
helloPay is a fintech platform incubated by Lazada Group that provides financial services solution to merchants and users. The platform is currently available in Singapore and the Philippines. As a secure payment platform, helloPay enables merchants to receive payments from their customers through diverse assortment of payment channels like credit card, debit card, online bank transfers and convenience store payments.
Group Head, Partnerships and Marketing
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