The non-bank lending industry, comprising licensed money lenders, pawnshops, and used car dealers, often operates on paper ledgers and Excel sheets. Johnny Tin, a former banking tech consultant, left his 9-to-5 to change that.



He joins us to discuss Arkmind, his company attempting to digitalise this unglamorous sector. We explore how Arkmind bootstrapped its way to RM1 million in annual revenue, the impact of the Consumer Credit Act, and how they are helping traditional lenders use AI to approve loans in hours instead of days.



We discuss:


Why non-bank lenders are still stuck on paper and physical ledgers.


Building an end-to-end digital lending system, from licensing to collection.


Bootstrapping from RM100k and pivoting from project fees to SaaS.


How Arkmind uses client data to build custom AI credit scoring engines.


Targeting 40% annual growth and expanding into Islamic loans and BNPL.

The non-bank lending industry, comprising licensed money lenders, pawnshops, and used car dealers, often operates on paper ledgers and Excel sheets. Johnny Tin, a former banking tech consultant, left his 9-to-5 to change that.He joins us to discuss Arkmind, his company attempting to digitalise this unglamorous sector. We explore how Arkmind bootstrapped its way to RM1 million in annual revenue, the impact of the Consumer Credit Act, and how they are helping traditional lenders use AI to approve loans in hours instead of days.We discuss:<ul><li>Why non-bank lenders are still stuck on paper and physical ledgers.</li><li>Building an end-to-end digital lending system, from licensing to collection.</li><li>Bootstrapping from RM100k and pivoting from project fees to SaaS.</li><li>How Arkmind uses client data to build custom AI credit scoring engines.</li><li>Targeting 40% annual growth and expanding into Islamic loans and BNPL.</li></ul>

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic show where BFM engages with entrepreneurs, business leaders, and industry trailblazers, igniting inspiration, sparking success, and exploring new business models.

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