FUMO: Future of Money Podcast

What Makes Fintech Grow So Fast in Africa? (Chipper Cash with Wiza Jalakasi) | Fintech

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On Episode 17, our expert hosts Ronit and Gaurav welcome Wiza Jalakasi, VP of Global Developer Relations at Chipper Cash, where he shared how massive internet adoption is changing Africa and creating more opportunities in the region.

Internet adoption and thus high mobile penetration have been key in driving consumer demand for digital financial services in Africa. Getting support from worldwide figures such as Obama’s visit to 2015 Global Entrepreneurship Summit was extremely impactful in attracting foreign investments for the African start-ups and putting the continent in the global spotlight. But more importantly, sustaining the rapid expansion of Africa’s fintech ecosystem should also be attributed to the Fintech veterans who reinvested their wealth into supporting other local start-ups.

In this episode hosted by Ronit Ghose and Gaurav Dhar, we chatted about the rise of Fintech in Africa and what should be the future focus for African start-ups, including topics including:

🔹 How has the Internet changed Africa and the rise of Fintech 

🔹 Attractive business models in African tech scene 

🔹 The rise of crypto and angel investing in the region

🔹 Chipper Cash business 

🔹 What’s next for African Fintech

You can watch the sessions below on Youtube, or listen it on Apple and Spotify Podcasts.

Episode Guest

Podcast hosts

Ronit Ghose

Global Head, Future of Finance at Citi

Ronit Ghose is the Global Head, Future of Finance, Citi’s think tank for the future of money and technology. Ronit’s current areas of focus include Digital Assets, the Metaverse, Web3, the applications of AI to Finance and other frontier topics. Previously, Ronit was Global Head of Banks and Fintech Research for Citi.

Ronit is an Advisor to various Governments, Universities, VC investors and tech firms in the UK, UAE and Africa. Prior to joining Citi, he worked at the British Bankers’ Association and was a research assistant in the UK Parliament for a former Prime Minister. He has an undergraduate degree from the University of Oxford & a postgraduate diploma from the University of London.

Gaurav Dhar

Group CEO of Marshal Fintech Partners

Gaurav is a seasoned leader in the FinTech industry and currently serves as the Group CEO of Marshal Fintech Partners in Dubai. He is also a board member of Deem Bank, The Mena Fintech Association and TiE Dubai.

With over 19 years of experience at Marshal, he has established himself as a pioneering force in the development of FinTech ecosystems and solutions. 

By devoting his personal time to working with innovators, he has built an extensive network of relationships with VCs, incubators, accelerators, start-ups, and angel syndicates, both locally and globally.

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