Wallex
Co-founded a regulated B2B FX and cross-border payments platform serving thousands of businesses. Expanded across Singapore, Indonesia and Hong Kong before its acquisition by M-DAQ in 2022.
Jody Ong · Fintech founder · Operator–investor
Building where money, markets and technology converge.
I'm Jody Ong—a Singaporean entrepreneur operating between Singapore and Jakarta. I co-founded Wallex, was a founding partner of Tokocrypto, and have spent more than a decade building across FX, payments, digital assets and market infrastructure.
US$6B+FX volume scaled
2Strategic exits
SG ↔ JKTOperating corridor
Selected track record
Built from first principles. Scaled across borders.
Tokocrypto
Founding partner of one of Indonesia's leading digital-asset exchanges, helping develop the country's early regulated crypto ecosystem and its path to a strategic outcome with Binance.
ProfileInvestment thesis
Back durable systems, not temporary stories.
Today I allocate capital and partner selectively with founders. I look for structural tailwinds, aligned incentives and asymmetric payoffs—with enough resilience to survive being early.
- 01
Infrastructure before interface
The deepest value often sits beneath the visible product.
- 02
Operators over narratives
Execution density, incentives and adaptability compound.
- 03
Asymmetry with survivability
Protect the ability to stay in the game while upside develops.
- 04
Southeast Asia as a corridor
Fragmentation creates friction—and enduring opportunity.
Where I lean in
Selective by design.
Fintech infrastructure
FX, payments, treasury and embedded financial rails.
Digital-asset rails
Useful infrastructure where crypto solves a real constraint.
Founder-led compounders
High-quality businesses with reinvestment runway and aligned owners.
Asymmetric markets
Mispriced opportunities where evidence and momentum reinforce.
Macro portfolio
Investing keeps my decision system honest.
I actively manage my own macro portfolio across public markets and digital assets. The goal is not to predict every turn—it is to build a repeatable process that combines regime awareness, fundamental quality, momentum and disciplined risk-taking.
Compare notes on LinkedInRegime
Liquidity, growth, inflation and policy define the opportunity set.
Evidence
Price, breadth and fundamentals matter more than conviction alone.
Asymmetry
Size downside deliberately while preserving exposure to nonlinear upside.
Adaptation
Update as the facts change; protect the ability to stay in the game.
I enjoy exchanging frameworks with thoughtful investors, founders and capital allocators who care more about decision quality than hot takes.
Connect as peersStart a conversation
For exceptional founders, thoughtful investors and unusually good ideas.
I'm most useful where financial infrastructure, Southeast Asia and complex market systems overlap—or where serious capital allocators want to compare notes.
Connect on LinkedIn