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Latent Space

S22
16 people|Active|Website
SaaSWorkflow AutomationAI
120°Near Reinvention
Before

No-code online payment collection for Indonesian businesses.

After

Applied AI for The Emerging Economies

Full description — before

Payable is an app that helps Indonesian businesses accept payments online without writing any code. For example, a cosmetic store that sells online via WhatsApp can use Payable to get paid instantly, instead of having to spend hours manually reconciling bank transfers, which is the default today.

Full description — after

Latent Space develops AI applications specifically designed to address the unique challenges and opportunities in emerging economies. Our first products are GoVisa (AI-enabled online visa and permits application) and SuperAI (administrative workflows automation) for the Indonesian and Southeast Asian markets.

Category shift
Global Payments & CryptoAI Investment & Research
Summary

This is a full pivot: the company changed from no-code payment collection for Indonesian businesses to building AI-enabled workflow automation tools for emerging markets (visa applications, admin workflows). Completely different products, markets, and business focus.

Detected 1 year ago · 2024-12-05