MISSION+ has announced the addition of Ned Lowe as the company’s Chief Technology Officer (CTO) to lead efforts to accelerates support for fintechs and insurtechs across Southeast Asia.
The technology building firm sought the likes of Revolut, Railsr and Draper Startup House to further its growth.
“The delta between what’s possible in tech and what’s brought to market is growing wider daily. After over 20 years of building solutions for finance and insurance companies, I’ve noticed patterns and processes that predict success – I want to put these in the hands of founders so their solutions have every opportunity to succeed in the real world. My mission is to spread the word that building software can be done differently,” said Lowe.
Nick Martin, the MISSION+ CEO, said they gained a “great asset” with Lowe’s addition into their leadership team.
He said that now, more than ever, startup founders are looking for someone who understands the complexities around building tech that is specific to Southeast Asia’s insurance and financial services sector.
This is a challenge that requires a deep understanding of regulatory hurdles, technical feasibility and a multi-market talent strategy to get solutions to market, Martin added.
Lowe joined MISSION+ after spending the last two decades building the technology capabilities for global and Southeast Asian insurtechs and fintechs.
Earlier, he was the head of engineering at Singlife with Aviva, where he was tasked to oversee the direction and strategy for Singlife’s application tech stack.
Ned was the Chief Technology Officer of Singlife prior to the Aviva Singapore merger.
At present, Southeast Asia’s fragmented landscape makes it difficult for startups to build solutions for legacy industries like finance and insurance. The different regulatory and operating environments add to the complexity of getting to the market.
The technological progress across data architecture and AI development are also staggering. However, filtering down implemented solutions continue to be an ongoing challenge.
Under Lowe’s leadership, MISSION+ intends to double its effort in supporting the fintech and insurtech vertical by focusing on new ways to drive the reinvention of technology-anchored companies.
Lowe plans to introduce a number of key initiatives to support the adoption of solutions across these sectors, such as newly launched financial services integration business for MISSION+’s key infrastructure and payments clients and other data processing techniques for insurance companies.
He will also focus on helping emerging companies access niche talent via a new part-time CTO program that will be launched in 2023.
MISSION+ has been responsible for the development of more than 30 technology solutions from Southeast Asia across eCommerce, logistics and shipping, web3, ESG and sustainability, fintech and insurtech.
The team work closely with founders to identify the hurdles in their technology development and help them find the right internal or external talent with skillsets to address the challenge.
MISSION+ has built MVPs (minimum viable product) for startups and technology prototypes for corporates who have adopted new ventures as part of their growth strategy.
A present, MISSION+ offers over 100 designers, developers and solutions architects to startups, scale-ups and corporates to support their technology-building needs.