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Published July 6th 2022 by
Press Release: Lendor appoints former Citi exec Jo Olivia Lee as COO
TUES, 28 JUNE - Lendor, a Singapore-based circular tech startup welcomes the appointment of Jo Olivia Lee as Chief Operating Officer who will be responsible for the continuous development of the app, platform services and infrastructure as well as overseeing administrative and operations for both the Singapore office and the recent launch of Lendor Thailand.
Prior to her new role, Jo was the Vice President of Customer Experience with Citi where she worked in digital channels and experience for global consumer banking in personal banking and wealth management. Her involvement in the startup scene began in 2013, where she was part of the founding team of Foodpanda logistics, leading the regional expansion for Southeast Asia till 2018.
Jo graduated from the University of London with a Bachelor of Laws (LLB) on a Full Scholarship and Masters in International Business Management from Edinburgh Napier University. She champions for diversity, equity and inclusion and is a strong believer in giving back to the community and doing social good. On top of being a UN Women member, she’s also on the Board of Directors for Humanitarian Organisation for Migration Economics (HOME), a Voting Committee Member of Willing Hearts Soup Kitchen and an Inclusive Program Instructor for APSN, a social service agency.
“I am excited to be able to contribute to Lendor’s vision to be at the forefront of circular tech by encouraging collaborative consumption for both the conscious consumers and businesses to ultimately lead to reduced e-waste consumption,” Jo said. “Furthermore, with the global challenges of resource scarcity and climate change that we’re facing today, I look forward to championing Lendor’s value proposition to benefit capital and operational expenditures of businesses, whether SMEs, startups or MNCs while driving the facilitation of social responsibility and sustainable consumption patterns to further encourage the development of a circular economy, which we believe to be the economy of the future,” added Jo.
Jo’s appointment follows the recent expansion of Lendor in Thailand through a partnership with House of M, led by CEO Monmanus Tadaamnuaychai. House of M is an investment holding company established in 2020 with a commitment to sustainability.
“We are pleased to have Lendor as a part of our portfolio. Their mission in pursuing green initiatives in both the B2C and B2B industry is aligned with our principles as evident by their strong values and proven customer validation in Singapore. We hope to be able to scale in the Thailand market and drive circular tech here as we believe that the market is ready for products and services that are durable, recyclable, reusable and effective,” comments Monmanus.
Lendor is a pre-seed startup with approximately 3,000 tech devices circulated and over 10,000 subscribers in Singapore from April 2021 to 2022 with a delinquency rate at <2%. Some of their partners are Lenovo, Xiaomi and JK Technology and have served clients like Meta, Courts and PICO.
Lendor Thailand officially commenced in June 2022.
For more information, Lendor is on www.lendor.sg and www.lendor.co.th and is available to download on Google Play Store and App Store.
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About Lendor
Lendor is a circular technology platform based in Singapore, servicing Thailand and the South East Asia market. Lendor offers leasing services, supporting both B2Bs and B2C. Through collaborative partnerships with merchants providing tech equipment, Lendor’s objective is to maximise the utility and value of every tech device. This circular consumption model offers a sustainable way of use as compared to traditional take, make, underuse and dispose. Lendor’s vision is to be the leading circular tech platform in Southeast Asia with the goal of meeting the conscious consumers’ needs and reducing e-waste consumption for the long term.
About House of M
House Of M was established in 2020 to Holding company. Every industry benefitS from House of M's commitment to sustainability. By incorporating sustainability into every area of daily life, we hoped to improve the world's opportunities.
Since its founding, House of M has grown continually and diversified into Five core businesses, namely Robotic Technology, Health Technology, Pico-Commerce, Nuero AI and Consulting Technology Solution.
To begin with, a cooperative financing mechanism with the Japanese government, which is seeking innovative business solutions for long-term sustainable power and green sustainability.
House Of M also has a "UNIIGYM," or Virtual fitness for mobile and devices, which allows us to keep healthy while at work or fun time.
In June 2022, House of M added Lendor, an on-demand rental platform of tech gadgets and devices in a bid to promote a sharing economy and reduce e-waste to its portfolio.
