OctiFi

Buy Now Pay Later for Southeast Asia

Y CombinatorWinter 2021AcquiredFintechConsumer FinanceFintech

What they do

Problem

Consumers in Southeast Asia lack affordable, interest-free financing options to make larger purchases like home renovations and furniture without straining their budgets.

Solution

OctiFi provides instant 0% interest buy-now-pay-later loans at checkout for responsible consumers to pay over time.

Who it's for

Consumers in Southeast Asia making purchases such as home renovation services or furniture online.

Founders

Ed Chin

Founder

Ed Chin, based in Singapore, pioneered AI-driven credit underwriting for "buy now pay later" platform OctiFi (YC W21), driving its acquisition by Latitude Financial. A Yale graduate in Economics and Mathematics, Ed previously traded billions in distressed credit on Wall Street. Now, he's leveraging his expertise to revolutionize green asset financing across APAC with a new credit-focused platform backed by climate tech investors.

Amit Kumar

Founder

I've strong experience in building and leading high performance engineering teams. Backend engineering comes easy to me, UI and UX are close to my heart and I keep a great deal of focus on how things are presented to the user.