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Our Community

Who Are We?

The Formosa team is a diverse group of visionaries spanning an exceptionally broad range of experience, knowledge and cultures from across the globe.

Our team includes successful blockchain and fintech entrepreneurs with a proven track record in financial services.

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Core Team

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George Hsieh
Cofounder & Chairman
At the age of 24, George Hsieh created the acclaimed e-Trade platform during his time as the founder and CEO of KCET, generating a 100-fold increase in revenue in merely 18 months. In addition to his role as an E-Trade pioneer in Taiwan, he also served as the head of the Public Affairs Committee at the Taiwan Securities Association. After completing his Management Studies at MIT’s Sloan School of Management, Mr. Hsieh ran successfully for office. Mr. Hsieh has served as the executive director at the Keelung-based bank KSCC since 2011, responsible for business development and corporate image management. The bank has 15 business units across Taipei and Keelung and has made a great contribution for the provision of regional financial services and stabilizing regional financial order.
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Ryan Terribilini
Cofounder & CEO
Ryan has worked on numerous projects at the intersection of technology, policy, and operations. He spent four years at Google developing the Android hardware and software ecosystems by managing direct-to-consumer device support operations and creating policies for the world’s biggest mobile app marketplace. At Ripple, Ryan served as Head of Developer Relations and Platform Partnerships. Through this role he engaged with numerous financial institutions and FinTech entrepreneurs building the payment systems of the future. Last summer he worked with Catalyst to develop an accelerator program focused on building financial services for underserved populations in India. He is currently a research fellow for the Global Taiwan Institute, undertaking a historical study on the relationship between Taiwan's democratic and economic development.
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Lorne Lantz
CTO
Lorne Lantz is a blockchain entrepreneur, developer and educator who has built multiple financial startups that have won awards with PayPal and Swift. He has been programming for 20+ years. Lorne is an O'Reilly blockchain expert, produced educational videos on the blockchain, and a technical reviewer for the “Mastering Bitcoin” book. Lorne has launched several fintech startups, including remittances, ewallets, POS, forex, crypto trading and ICO investing. Lorne has been educating corporations around the world on blockchain, including German bankers at TedX Hamburg.
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Will Chen
CIO
Will has over 18 years of professional experience in finance and investment banking, spanning from M&A to structuring and trading, distressed/special situations, derivatives sales and trading, and private equities. Will started his career at Rothschild and Enron in the U.S., then relocated to Asia Pac and continued his career in finance with Merrill Lynch (Global Principal Investments), KGI Asia (HK), and most recently as the Director of Equities Derivatives at BNP Paribas (HK). In 2015, Will returned to his home country Taiwan and started a new venture, Sonoma International.
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Wei Shum
CMO
Wei Shum is a serial entrepreneur with 16 years of experience pushing new concepts and marketing campaigns in the Taiwanese and International landscape. Originally in Taiwan to help the Ministry of Education design, implement and market new curricula based on American honors programs, Wei also became well recognized in Asia for his forays into food and beverage as the founder of California Grill and Macho Tacos. After successfully exiting the life of restaurateur/TV chef, Wei shifted his focus to helping create global marketing campaigns for clients such as EVA Air, Tian Yuan Xiang, and Starlux Airlines as producer, location manager and writer.
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Terris Ko
CLO
Terris is a U.S. attorney with over 15 years experience in both the U.S. and Asian markets and an extensive practice in complex corporate transactions, IP licensing and distribution, and dispute resolution. Terris focused on cross-border finance and M&A deals as a member of the Banking and Capital Markets Team at Lee and Li in Taiwan, working with regional and international banks on a wide range of finance projects. More recently, Terris has guided two of the most well-respected media companies in Taiwan as head of business and legal affairs.
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Yalu Lin
COO
As an entrepreneur, Yalu co-founded a retail distribution in Canada and successfully cooperated with Hudson Bay Company, Staples, BestBuy and Fry’s electronics. After a successful exit, Yalu relocated to Guangdong to join a global cooperation in charge of global product R&D, as global sourcing management, and inventory-financial management. He then moved again to the parent company in Europe for marketing and sales operation. With his help, the firm eventually became publicly listed. Yalu was also the president of Imperial College Taiwan Society, and the director of The Taiwan Merchants Association of Toronto.

Advisors

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Jeffrey Huang
Founder - Mithril
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Greg Kidd
Co-Founder CEO- globaliD
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Leo Cheng
Principal & Co-founder - Blockstate
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Wei-Ning Huang
Co-Founder, CTO - COBINHOOD
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Craig Foster
CFO - Financial Engines
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Jamie Lin
Founding partner -APPWorks
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Andrew Wong
Partner - IDCM
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Kevin Li
Senior VP - M17 Entertainment