Buzz buzzing, thanks to Shell LiveWIRE - New Straits Times
KUALA LUMPUR: "Start a business with a good problem and not a good idea," says Joshua Lim Yi Fan, co-founder of Buzz, formerly known as Beebag.
Read sourceGuest at Buzz
Joshua and Joel Lim are the co-founders of Buzz, a fintech and adtech platform reshaping how financial apps engage users through personalised rewards and in-app experiences. What began as a university project during the pandemic evolved into a startup journey defined by iteration and resilience. Their initial concept, BeeBag, focused on encouraging sustainable behaviour through rewards, securing early partnerships but ultimately highlighting the challenges of scaling without a clear commercial model. Rather than stepping back, the brothers pivoted, recognising that user engagement was the key driver of adoption. This led to the creation of Buzz, which now powers cashback and engagement ecosystems within platforms such as Touch ’n Go eWallet. Navigating investor rejections and early setbacks, they refined both their product and strategy, with Joshua leading partnerships and Joel overseeing operations, forming a complementary dynamic grounded in clarity, persistence, and adaptability.
KUALA LUMPUR: "Start a business with a good problem and not a good idea," says Joshua Lim Yi Fan, co-founder of Buzz, formerly known as Beebag.
Read sourceIn 2022, brothers Joshua and Joel Lim set out to eliminate single-use plastics with BeeBag, a gamified reusable bag venture. But after facing a hard truth, that corporates viewed sustainability merely as a "marketing initiative" rather than a necessity, they made the difficult decision to pivot, swapping sustainability for scalability.
Read sourceWhen twins Joshua and Joel Lim graduated from Xiamen University Malaysia in 2021 with degrees in Economics in Finance, their path seemed set for the conventional world of banking and corporate jobs. Instead, they chose to leap into the deep end of entrepreneurship. What they lacked in experience, they made up for in boldness, curiosity, and an appetite for solving problems that mattered.
Read source