Core Tech Team Profile
Our team lead possesses extensive technical and business experience, having successfully driven 0-to-1 business growth and optimized complex system architectures across various internationally renowned companies and startups.
Core Members
Yikun Ng
Project Lead & Technical Architect
Focused on transforming innovative technology into tangible business value, with deep expertise in e-commerce, travel, and cloud computing.
Alex Pang (Backend & Infra)
Principle Software Engineer(Wechat Pay Team)
Cong Lau(UI/Mobile)
UX, Mobile(ex Shopee Engineer)
Team Lead Experience
Feb 2024 ~ Present: Co-founder, COO & CTO at geme.bio
Built a brand from scratch, bringing Chinese technology to Europe and the US.
2021 ~ Feb 2024: Principle Infrastructure Engineer at TikTok E-commerce
Built Singapore tech team from 0 to 1, supporting rapid growth.
2018 ~ 2021: Architect at Wego.com (Middle East Online Travel)
Led the infra tech team.
2015 ~ 2018: Senior Engineer at Tencent Cloud
Supported the rapid growth and IPO of key client Pinduoduo (Temu).
2012 ~ 2015: Full-stack Engineer at ThePlant (Startup)
Developed a Slack-like SaSS product.
2010 ~ 2012: Nokia Networks
Early career experience.
2005 ~ 2009: Nanjing University of Post and Telecommunications
Computer & Science
FlexiPay Business Architecture Upgrade
We will implement a comprehensive upgrade of FlexiPay's business functionalities, aiming to enhance user experience, expand market reach, and ensure the platform's leading position in the future digital payment ecosystem.
USSD Compatibility
Maintain and strengthen usability for low-internet access populations, ensuring financial inclusion.
Enhanced Stability
Establish an SLA system to achieve 99.99% availability.
Add QR Code Payments
Introduce scan-to-pay functionality for convenience.
Refine Personal Transfers
Strengthen peer-to-peer transfer capabilities.
Enhance Merchant Acquiring
Strengthen merchant payment and acquiring functions to empower business growth.
Reverse Integration API/SDK
Integrate with major e-commerce platforms like Shopify, TikTok, Jumia, Kikuu.
Strengthen KYC & ID Verification
Implement legal ID authentication modules, similar to Singpass, to enhance compliance.
Super App Entry Point Prototype
Integrate services like mobile top-ups, e-commerce guides, ride-hailing, and food delivery.
Forex Exchange Functionality
Introduce Stablecoin support for multi-currency exchange.
FlexiPay Technical Architecture Vision
We will build a secure, efficient, and scalable modern technical architecture to support FlexiPay's business vision and ensure its continuous innovation in the future.
Hybrid Cloud Deployment
Balancing flexibility, cost-effectiveness, and data security with public and private cloud deployment.
Balancing Security & Convenience
Implementing multi-layered security while optimizing user experience to ensure transaction security.
Leveraging Latest Tech
Embracing containerization, serverless, NewSQL, and other cutting-edge technologies for efficiency and elasticity.
Legacy Tech Compatibility
Ensuring smooth transition and integration with existing Oracle, IBM, VMware systems.
High Concurrency & Low Latency
Designing a scalable architecture to meet future rapid business growth demands.
Data-Driven Decisions
Establishing a comprehensive data analytics platform to support business intelligence.
FlexiPay Technical Architecture Diagram
Click on the nodes in the diagram to view detailed information.
TikTok Global E-commerce Expansion Journey
From Southeast Asian pilots to global expansion, TikTok Shop demonstrates the rapid development trajectory of cross-border e-commerce platforms, providing valuable insights for FlexiPay's internationalization strategy.
Late 2021
TikTok Shop Pilot Launch
Pilot programs launched in Indonesia and the UK, marking TikTok's official entry into e-commerce
Southeast Asia Expansion
Launched across multiple Southeast Asian countries including Malaysia, Singapore, Thailand, Vietnam, and Philippines
Global Official Launch
TikTok Shop officially launched globally, ushering in a new era of cross-border e-commerce
December 2024
European Market Expansion
Launched in Spain and Ireland, further expanding European market presence
Core European Markets
Further expansion into core European markets including Germany, Italy, and France
Rest of the World
Our Opportunity is Here!
Rapid Expansion
Achieved global coverage in just 5 years from pilot launch, demonstrating exceptional execution capability and market adaptability
Regional Strategy
Adopted a regional approach, first establishing deep roots in Southeast Asia before expanding to European and African markets
Localized Partnerships
Deep collaboration with local payment systems and financial institutions to ensure localized payment experiences
TikTok Official Payment Team
From internal PIPO project to dedicated payment business unit, TikTok's payment team has evolved into a specialized function serving Southeast Asian markets.
Team Evolution Journey
PIPO Project Era
Originally an internal project team focused on Southeast Asian payment integration, PIPO (Payment Integration Project) was established to handle cross-border payment challenges in the region.
- Internal project team structure
- Southeast Asia payment integration focus
- Cross-border payment solutions
Official Business Unit
Upgraded to a dedicated functional team providing external payment services, establishing TikTok as a comprehensive payment solution provider in the Southeast Asian market.
- Dedicated functional team structure
- External payment service provision
- Southeast Asia market specialization
Primary Market Focus
Southeast Asia
Indonesia
Core market with high mobile payment adoption
Malaysia
Advanced digital payment infrastructure
Singapore
Financial hub with regulatory innovation
Thailand
Growing e-commerce and digital payments
Vietnam
Rapid digital transformation market
Philippines
Emerging digital payment opportunities
Key Capabilities & Services
Payment Integration
Comprehensive integration with local and international payment systems across Southeast Asia
Security & Compliance
Advanced security protocols and regulatory compliance for cross-border transactions
Analytics & Optimization
Data-driven insights and payment optimization strategies for business growth
Strategic Insights for FlexiPay
Market Entry Strategy
- Start with focused regional markets before global expansion
- Build deep local partnerships and regulatory relationships
- Develop specialized expertise in target market payment systems
Team Development
- Evolve from project-based to dedicated functional teams
- Focus on specialized payment domain expertise
- Build external service capabilities for market expansion
Strategic Alignment: Reclaiming Payment Sovereignty
Stanbic Bank's core strategy is to become the "Infrastructure Owner" of digital payments in Uganda and East Africa, rather than merely an "App Operator."
Current Challenges & Strategic Opportunity
- MoMo Dominance Risks: Regulatory opacity, shadow banking, digital sovereignty concerns.
- Stanbic Strategic Shift: From App competition to reclaiming payment clearing sovereignty (Bank Clearing Alliance - BCA).
- Core Value: Enhancing financial transparency, security, and national financial sovereignty.
Our Strengths & Future Vision
- Team Capability: Expertise in 0-to-1 development, high-concurrency systems, complex architecture, and international market expansion.
- East Africa Vision: Leveraging Stanbic's network to position FlexiPay as the core of the EastAfricaClear regional clearing infrastructure.
- Partnership for Success: We look forward to partnering with you to drive FlexiPay to become a leader in Uganda and East Africa's payment landscape.
Four-Phase Strategic Roadmap Overview
Alliance & Infrastructure
- Core System Development
- Testing & Validation
- Initial Pilot Scenarios
Local Validation & Expand
- Account Mapping & AML/KYC
- Expand Banks & Merchants
- Local Market Validation
Policy & Access
- Lobby Central Bank
- Require Platform Access
- Regulatory Framework
Full Integration
- Wallets: UI + Bank Backing
- Full Market Clearing via Banks
- EastAfricaClear Regional Expansion
Revenue Model & Platform Design
BCA will generate revenue by providing efficient and compliant clearing services, and by leveraging international best practices to build an open and inclusive platform ecosystem.
Core Revenue Streams
- Transaction Clearing Fees
- AML Review Fees
- KYC Gateway Fees
Pricing Strategy
- C-end Users: Free
- B-end API: Usage-based Fees
- Merchants: Lower Rates
Platform Value-Added Services
- Data Insights & Business Intelligence
- Real-time Fraud Alert & Risk Scoring
- Supply Chain Finance Support
East Africa Expansion Path: EastAfricaClear
Leveraging Stanbic's banking network across multiple East African countries, we aim to expand the Uganda BCA model into a regional cross-border clearing infrastructure, fostering East African financial integration.
Stanbic's Regional Advantage
- Extensive business footprint across 14 African countries
- Existing "Borderless Banking" cross-border services
- Long-standing trusted relationships with national regulators
Uganda
Kenya
Tanzania
S. Sudan
International Reference Cases
Experiences from China, India, and Brazil offer valuable insights for building the BCA and demonstrate the central role of the banking system in payment infrastructure development.
China · NetsUnion/UnionPay
Successfully integrated giants like Alipay and WeChat Pay into unified regulation by establishing a national clearing platform with mandatory access, reclaiming clearing sovereignty.
Insight: Mandatory AccessIndia · UPI
Nationally led, built an open, low-cost, highly interoperable real-time payment system, achieving large-scale financial inclusion.
Insight: Open & InclusiveBrazil · Pix
Central bank-led, rapidly transformed the payment landscape through open architecture and free-for-C-end strategy, achieving deep financial inclusion.
Insight: Central Bank-LedConclusion: Infrastructure Owner
Stanbic Bank Uganda's strategic goal is to become the **"Infrastructure Owner"** of digital payments in Uganda and East Africa, rather than merely an "App Operator." By leading the construction and operation of core clearing infrastructure, we will not only contribute to the stability and security of the national financial system but also create long-term, sustainable platform-based revenue models for the bank itself, establishing a leadership position in the future East African payment market. We look forward to partnering with you to shape the future of digital finance in Africa.