Andrew You, the visionary CEO of LEP, AEP, MAJU, BEP is a distinguished entrepreneur with a remarkable track record in the B2B procurement platform industry.
To revolutionize cross-border salary payments by leveraging blockchain technology, ensuring fast, fair, and low-cost financial access for migrant workers worldwide - starting with Hong Kong employers and 200,000+ Indonesian domestic helpers/workers (TKI).
Hong Kong employers hiring Indonesian domestic helpers face challenges when paying salaries in HKD, as workers need to convert funds to Indonesian Rupiah (IDR). Current issues include:
High fees/rates charged by money changers or remittance services., Exchange rate fluctuations reducing actual income., No credit record or credit history in Hong Kong and Indonesia for home mortgage loan or business or personal loan., Long queues and inconvenience at physical exchange shops.
Our salary payment gateway MAJU, which TKI can instantly convert HKD to IDR and withdraw to local bank accounts or e-wallets to directly purchase SKU for their families, saving time and costs.