Eversend: How Not to Lose Money in Fintech[S2, Ep 4].

From Africans gaming referral programs to solving cross-border transfer problems in Africa, this episode tears down a Fintech company - Eversend. Yemi is joined by the CEO & Co-founder of Eversend - Stone Atwine to explain what the business does and how it operates.  Stone shares his thought on Fintech generally, how Eversend started, their value proposition to customers, and how they got to process $240,000,000+ transaction within 3 years.  To ensure you don’t miss any episode, updates, and for additional information on the hosts, follow @teardownpodcast on Twitter. If you would like to get all the insider’s gist first, subscribe to our newsletter here: [africanstartupteardownpod.substack.com](http://africanstartupteardownpod.substack.com/) Please leave a review, comment, share, and like whenever you listen. We want to hear from you and appreciate your feedback. Better ratings mean more people get to listen to the show, and it helps us grow.  Timestamp 00:00 - 01:00 - Intro 01:00 - 02:43 - What is Eversend 02:43 - 05:23 - Bundling and unbundling of financial services 05:23 - 09:24 - Building a differentiated product from others 09:24 - 13:00 -  How Eversend started 13:00 - 17:12 -  Eversend unique selling point 17:12 - 23:12 -  Eversend pricing and fees 23:12 - 28:21 - Eversend growth in transaction volume 28:21 - 31:58 -  Fintech customer LTV 31:58 - 39:30 - Eversend acquisition strategy  39:30 -  48:00 - Lessons learned from building Eversend 48:00 - 51:03 - Eversend market expansion 51:03 - 54:20 Eversend competition 54:20 - 56:44 - Bull and bear case for Eversend 56:44 - 60:00 - Outro