Named one of the top 25 FinTech CTOs of 2020 by The Financial Technology Report and the first Malaysian financial technology founder to be on the NYSE, Foong personally led and oversaw MoneyLion’s growth from its initial foray into digital underwriting and lending to its current entry into the world of digital personal banking.
Prior to co-founding MoneyLion, he was a founding member of Simulex Inc, a boutique research firm specializing in artificial intelligence and advanced analytics for predicting human behavior for various branches of the US Department of Defense and Fortune 500companies. He graduated with an Electrical Engineering degree from Purdue University.
Currently, Foong runs MoneyLion’s Kuala Lumpur-based technology center of excellence,which currently employs over 250 technologists in the areas of data science and machine learning, product management, product engineering and cybersecurity Seeing great potential in the country, Foong aspires to grow the fintech industry in Malaysia as it gears towards increasingly rapid digitalisation in all facets of life.