Singapore-based loan matching platform Lendela, backed by Walter de Oude, has appointed Kent Huang as CFO and Steven Wong as CTO as it expands across APAC.
Huang, who previously held leadership roles at PayPal and Intuit, will oversee financial strategy, risk management, and regulatory compliance to support Lendela’s rapid growth.
“A fintech’s story isn’t and shouldn’t be just about growth—it’s also about sustainable responsible scaling. Lendela is at the forefront of this shift, ensuring both borrowers and lenders thrive in an ecosystem built on transparency and efficiency.
My goal is to drive financial governance and strategy that supports long-term expansion while reinforcing trust in digital lending across Asia Pacific.”
said Huang.
Wong, who has over 15 years of experience in high-growth fintech startups, will lead technology infrastructure development to enhance operations across multiple markets.
“The reverse auction model is a breakthrough in lending that has already created a much more transparent and competitive space where both borrowers and lenders benefit.
Lenders can acquire customers more efficiently while borrowers gain access to better, more tailored financing options. I’m very excited to help Lendela optimise this experience at scale, ensuring technology continues to enable informed financial decisions across Asia Pacific.”
said Wong.
Huang will be based in Singapore, while Wong will operate from Kuala Lumpur.
Lendela operates a reverse auction model that allows financial institutions to bid for borrowers, offering competitive financing options.
The company reports facilitating over 400,000 loan applications and partnering with more than 100 lenders, including major banks in Singapore and Hong Kong.
The fintech has grown its workforce by nearly 30% since early 2024 with hires across all levels.
Lendela raised its US$5 million Series A funding round led by Chocolate Ventures in November 2023.
Featured image credit: Edited from Freepik
