Wecash , CEO, Southeast Asia
James is Chief Strategy Officer of Wecash and concurrently Managing Director of Wecash Southeast Asia and Chief Executive Officer of TunaiKita, Wecash's joint venture in Indonesia. Wecash is headquartered in Beijing and uses big data and machine learning to evaluate consumer credit, detect fraud and underwrite unsecured loans from funding sources to consumers. By working closely with banks and multi-finance companies as well as loan collection companies, Wecash is able to improve risk pricing and accessibility of financial products while decreasing non-performing loans by up to 70%.
Headquarted in Beijing and founded in 2014, Wecash has more than 500 employees across its offices in China, United States, Brazil, Singapore and Indonesia. The company has raised over US$100 million in financing, acquired over 80 million users in China and processed more than 5 million loans worth more than US$2 billion by 2016.