Malaysian fintech company Jirnexu‘s co-founder Hann Liew said that both he and Lucas Ooi will be stepping down from their executive roles in a LinkedIn post.

Hann was previously an Executive Director and has now taken on the role of a non-Executive Director and Advisor. Meanwhile, Lucas was the Corporate Development Director and will now remain as an Advisor.

Both Hann and Lucas will remain as shareholders and board members at Jirnexu moving forward. Siew Yuen Tuck will continue to lead the fintech as the Group CEO since his appointment last year end.

The executive team will continue to be supported by Chief Commercial Officer Jack Low, Chief Financial Officer Lim Khoon Eong, Co-founder and Chief Operating Officer James Barnes and more.

Hann hinted that he may be building another new venture and will be sharing more details soon.

Hann said,

“It’s been over 11 years since Lucas Ooi and I founded what became Jirnexu with Yuen Tuck Siew – it’s been an awesome ride full of ups and downs as a fintech entrepreneur here in Malaysia. In that time we’ve seen RinggitPlus go from a team of 2 -> 100+, ride out a pandemic to be now operationally profitable with ARR of >RM50 million and growing, and a market dominant position here in Malaysia. With RinggitPlus now on the firm footing above, Lucas and I felt it was the right time to take a step back from day to day leadership and hand reins over to the executive team.”

Founded in 2012, Jirnexu delivers end-to-end digital acquisition platform, digital acquisition technology, alternative credit scoring, lending-as-a-service (LAAS), and digital marketing solutions and services for financial services institutions (FSIs) and service providers in Asia.

The firm had also signed strategic partnership agreements with more than five consortia in their bids for a digital banking license.