Episode 21 - Redemptive Technology in Southeast Asia with Chris Yeo
Feb 1, 2023
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Chris Yeo, Co-Founder of Digital Mission Ventures, talks about redemptive technology in Southeast Asia. He discusses the role of technology in society, the vision and structure of DM Ventures, and the potential for investment in Southeast Asia. He also emphasizes the power of redemption and the importance of community connection.
Digital Mission Ventures aims to build a redemptive tech ecosystem across Southeast Asia, journeying with Christian tech founders who want to make a kingdom impact.
Tech has a significant role to play in solving the pain points of Southeast Asia, specifically in fintech, presenting opportunities for innovation in digital payment methods and improving access to education and healthcare.
Deep dives
The Vision of Digital Mission Ventures
Digital Mission Ventures aims to build a redemptive tech ecosystem across Southeast Asia. They serve as an accelerator and capital provider, journeying with Christian tech founders who want to make a kingdom impact. Their vision is to work with 100 Christian tech founders over the next 10 years.
The Role of Tech in Southeast Asia
Tech has a significant role to play in solving the pain points of Southeast Asia. With 6 in 10 people in the region being underbanked or unbanked, there is a massive opportunity for innovation in fintech. The high mobile penetration rate presents a chance for leapfrogging in consumer behavior and the adoption of digital payment methods. This demonstrates the potential for tech to address various challenges and improve access to education, healthcare, and more.
The Redemptive Framework in Business
Digital Mission Ventures operates within the redemptive framework, striving to go beyond being ethical to being sacrificial. They aim to build businesses that seek redemption and love the world, impacting society and culture. They emphasize appealing to the better side of people, aspiring them to something greater, rather than exploiting weaknesses for profit. By bringing the redemptive mindset into business, they hope for mountains to move and redemption at scale to happen.
Supporting and Investing in Christian Tech Founders
Digital Mission Ventures actively seeks spiritually mature Christian tech founders who are passionate about excellence and innovation. Their focus is on investing in innovative early-stage scalable tech ventures that align with their redemptive mission. They encourage ongoing fundraising and aim to discover more Christian tech founders in Southeast Asia to join their program.
Technology has the power to shape values and economies. But how are Christ-followers stewarding their capital and ventures for the kingdom?
Chris Yeo is addressing this question as the Co-Founder of Digital Mission Ventures, an accelerator program that invests in early stage, Christ-following tech entrepreneurs in South East Asia.
As the CEO of DOKU and former Head of Grab Ventures, Chris has seen the influence innovation can have in the region. At Digital Mission Ventures, he partners with Praxis Labs to disciple business innovators and help them think about the redemptive edge of their companies.
Chris joins the show with special co-host Pastor Benny Ho to talk about how tech entrepreneurs in Asia can use their businesses to love and serve those around them.
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