youbiz
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Caecilia Chu and the long memory of a rejected loan
Before YouTrip became a way to spend across borders, Caecilia Chu watched her father struggle to borrow money. A failed startup, a friendship formed in Boston, and a habit of listening to customers turned that memory into a business.
YouTrip
YouTrip is a Singapore-based fintech that operates a multi-currency mobile wallet and companion Mastercard prepaid card, letting travelers and everyday spenders hold and exchange 10 currencies in-app and pay in more than 150 currencies overseas at wholesale FX rates with no added transaction fees. Founded in 2018 by Caecilia Chu and Arthur Mak, the company has expanded from consumers into SMEs through YouBiz, a corporate multi-currency card, and processes roughly US$15 billion in annual transaction volume across Singapore, Thailand and Australia.