Africa's First Neobank

Episode 8 of the Diaspora Talks with annette abena podcast, hosted by Diaspora Talks, titled "Africa's First Neobank " was published on July 5, 2020 and runs 38 minutes.

July 5, 2020 ·38m · Diaspora Talks with annette abena

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Summary

66% of Africans are unbanked. This means that people lack access to the most fundamental financial services. However whilst most Africans are without traditional banking services as we know it 97% have mobile phones. This creates a great opportunity for digital banking services to fill in the gaps. Eversend is a pan-African neobank based in Uganda. It provides multi-currency wallets and currency exchange and plans to offer personal loans, savings, group savings, merchant payments and investments in the future. In this episode, I’m speaking with Co-founder and CEO of Eversend Stone Atwine. We discuss the importance of financial inclusion, Uganda's tech ecosystem and tips for aspiring African fintech entrepreneurs. 

Episode Description

66% of Africans are unbanked. This means that people lack access to the most fundamental financial services. However whilst most Africans are without traditional banking services as we know it 97% have mobile phones. This creates a great opportunity for digital banking services to fill in the gaps. Eversend is a pan-African neobank based in Uganda. It provides multi-currency wallets and currency exchange and plans to offer personal loans, savings, group savings, merchant payments and investments in the future.

In this episode, I’m speaking with Co-founder and CEO of Eversend Stone Atwine. We discuss the importance of financial inclusion, Uganda's tech ecosystem and tips for aspiring African fintech entrepreneurs.

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