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cover of episode Ep222 – FinTech Out of Africa

Ep222 – FinTech Out of Africa

2017/3/8
logo of podcast Fintech Insider Podcast by 11:FS

Fintech Insider Podcast by 11:FS

Shownotes Transcript

    ## In this episode

FinTech isn’t disrupting the financial industry in Africa – it’s building it across the continent. And because it’s being building without much legacy, by default it’s digital as a platform. In this episode of FinTech Insider Insights, we’ll shine a light on some great FinTech stories coming out of Africa, including approaches and ideas that incumbent institutions will find incredibly useful.

Our guests

Gerhard Coetzee, Lead Financial Sector Specialist at CGAP Lesley-Ann Vaughan, M-PESA Co-Creator Ron Webb, Director of Financial Services at Safaricom Brett Loubser, CEO at WeChat Africa

“I’m extremely excited by how we’re going to see an increasing daily relevance of payments in people’s lives,” Ron says. “P2P transactions have been hugely important, and have been the bedrock of what M-PESA became. But you only send money P2P to your relatives, or people that you’re supporting, on a periodic basis. But you do merchant payments every single day – and many of them – and the increasing use of e-value in those day-to-day payments will increase daily relevance and create even more opportunity.”

11:FS blog posts mentioned in this podcast

Banking APIs Aren’t about Tech or Banking )11 Banks and FinTechs Doing APIs Better Than You)

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