Small money, big businesshome/Boardroom Watch/Small money, big businessAustrian expat puts finance help a click awayAn Austrian who has traveled around Southeast Asia is now based full-time in the Philippines, where he put up a financial technology start-up, pioneering an automated way for customers to assess financial services online. He obtained his MBA (Master of Business Administration) diploma from Indiana University Kelley School of Business in Bloomington, Indiana, in 2005. Promising market“The Philippines is a very promising market to start a business in our sector,” Steiger notes. Yet, he insists they deal more with small money and focus on retail customers who cannot be served well by the banks. Let’s say our OFWs, they have an opportunity to go abroad, double or triple their salary, but they need money to make that happen.”Steiger says these people are the breadwinners who need to leave a little money with their family.
Source: Manila Times November 08, 2018 16:18 UTC