Leas Bachatene

CEO, AsiaVerify
London Area, United Kingdom,United Kingdom
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Who Is Leas Bachatene?

Total Experience34 years
CompanyAsiaVerify
CountryUnited Kingdom

Leas Bachatene is a prominent entrepreneur and the Co-founder & CEO of Yassir, a leading super app offering on-demand services such as ride-hailing, food and grocery delivery, and financial services across multiple countries in Africa and beyond. With a strong background in engineering from Ecole Polytechnique (France) and strategy consulting at Monitor Deloitte, Leas demonstrated his entrepreneurial acumen early on by co-founding Ambler, a medical transportation platform in France, which was later successfully acquired by Doctolib. Driven by a vision to build impactful technology solutions tailored for the African market, he launched Yassir in 2017 in Algiers. His leadership has propelled Yassir to become one of Africa's most valuable startups, focusing on leveraging local talent to address local challenges and foster economic development by creating a comprehensive ecosystem of services designed to simplify daily life for users in emerging markets.

How Did Leas Bachatene's Career Path Shape Their Journey?

Leas Bachatene's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

AsiaVerify - CEO(2024 to Present)
Dextra Labs - Advisor(2023 to Present)
Ethixbase360 - Senior Advisor (2023 to Present)
Thomson Reuters - VP, Managing Director, Governance, Risk and Compliance, Singapore(2010 to 2014)
Complinet Thomson Reuters - Managing Director, Dubai(2004 to 2010)
Financial News - Customer Services & Sales Director, London(2000 to 2004)
Informa - Sales Director, London(1995 to 2000)
Total - Piping Engineer(1994 to 1995)
Bechtel Corporation - Piping Designer(1993 to 1994)

What Are Leas Bachatene's Key Achievements?

Co-founding and Scaling Yassir to 'Unicorn' Status

Successfully co-founded Yassir in 2017 and led its strategic growth from a local ride-hailing app to a comprehensive super app. Under his leadership, Yassir achieved 'unicorn' status, signifying a valuation of over $1 billion, making it one of the most valuable startups in Africa.

Securing Significant Venture Capital Funding for Yassir

Spearheaded multiple successful funding rounds for Yassir, including a landmark $150 million Series B round in November 2022. This funding has been crucial for Yassir's rapid expansion, technological advancements, and market penetration across Africa, Europe, and North America.

Successful Entrepreneurial Exit with Ambler

Co-founded Ambler in 2014, an online platform for booking and managing non-emergency medical transportation in France. He led the company as CEO until its successful acquisition by Doctolib, a leading European health-tech company, in 2017, showcasing his ability to build and exit tech ventures.

Expansion of Yassir's Services and Geographic Reach

Under his guidance, Yassir has diversified its offerings beyond ride-hailing to include last-mile delivery for food and groceries, and innovative financial services. The platform has also expanded its operational footprint to numerous cities across several countries, including Algeria, Morocco, Tunisia, Senegal, Ivory Coast, South Africa, France, Germany, and Canada.

Championing Local Talent and Tech Ecosystem Development in Africa

Actively promotes the development of the tech ecosystem in Africa by prioritizing local talent recruitment and development within Yassir. He is a vocal advocate for the potential of African innovation on the global stage.

What's Leas Bachatene's Educational Background?

Diploma

CIM | The Chartered Institute of Marketing - Year 1998

INSEAD Asia Leadership Program

INSEAD - Year 2012

Msc, Mechanical Engineering

University of Sciences and Technology - Year 1986

Maths & Physics

Lycee Mathematiques Et Techniques - Year 1984

Degree Program

Sainte Genevieve

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Company Overview

AsiaVerify
Total employees65
HeadquartersSingapore
Founded2019

AsiaVerify is an award-winning RegTech solution provider specializing in AI-powered, AML-compliant business verification and KYC/KYB solutions across the APAC region. They offer real-time access to official business, individual, and UBO (Ultimate Beneficial Owner) data from local government registries, streamlining compliance and due diligence processes for businesses operating in or with Asian entities.

AsiaVerify Funding Information
Unknown - Total Funding Raised
$15M - Most recent funding amount
1 - Number of funding rounds
Nov 7, 2022 - Latest funding round
Lead Investors:
MassMutual Ventures

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