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Inhalt bereitgestellt von Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
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#68: Branch - From Kiva to providing consumer loans and FinTech services across Africa and other developing markets

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Manage episode 376992216 series 2712808
Inhalt bereitgestellt von Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

Overview: Today, we’re going to talk about Branch, the FinTech lending company and Neobank. We’ll explore the story across the following 5 areas:

  • African lending & consumer credit

  • Branch's founding early history

  • Product & monetization strategy

  • Competitive positioning & potential exit options

  • Overall outlook

This episode was recorded on Sep 10, 2023

Companies discussed: Branch, Kiva, Kuda Bank, Chipper Cash, Earnin, Paga, FairMoney, MFS Africa, GTBank, Access Bank, Ecobank, PalmPay, Carbon, PiggyVest, Upstart, Tala, Visa, Mastercard & Safaricom

Business concepts discussed: Smartphone credit assessment, Consumer lending, neobank strategy, Personal Finance OS, unbanked population, smartphone credit assessment & Pan-African Banking

Conversation highlights:

  • (01:00) - What Branch is and why we’re talking about it

  • (07:40) - Africa consumer credit context and background

  • (19:17) - Branch International founding

  • (23:31) - Founders’ background

  • (39:12) - Fundraising and Growth

  • (51:40) - Geographical expansion

  • (1:02:01) - Acquisitions and Team overview

  • (01:15:14) - Product strategy

  • (1:33:20) - Monetization strategy and Costs

  • (1:41:58) - Competition and options for exit

  • (1:57:08) - Bankole’s overall thoughts

  • (2:10:59) - Olumide’s overall thoughts

  • (2:30:20) - Recommendations and small wins

Olumide’s recommendations & small wins:

  • Interested in investing in Africa Tech with Olumide: Read about Adamantium fund & contact me at olumide@afrobility.com. Founders looking for funding: If you're a B2B founder working on Education, Health, Finance or food, please contact me for funding at olumide@afrobility.com

  • Checkout my FIREDOM book = FIRE (Financial Independence, Retire Early) + Freedom = personal finance and financial independence book. Website, Read: Substack Newsletter & Buy: Print, eBook or Audiobook)

  • Recommendation: Eminem - Rap God (OMFG I’m 12 years late, my mind exploded. WOW!)

  • Recommendation: Can’t Hurt Me (David Goggins). Incredible book about challenges David went to from parental abuse, racism to make something of himself. I went through waves of intense emotions while reading the book. At some points, I was crying in pain with David and other times I was in pure shock about what I was listening to.

  • Small win: Hosted FIREDOM book launch event in London. Amazing conversations about life, managing money and growth. Dope shit.

Bankole’s recommendations & small wins:

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you. Contact us at info@afrobility.com

Join our insider mailing list where we get feedback on new episodes & find all episodes on Afrobility.com

  continue reading

79 Episoden

Artwork
iconTeilen
 
Manage episode 376992216 series 2712808
Inhalt bereitgestellt von Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

Overview: Today, we’re going to talk about Branch, the FinTech lending company and Neobank. We’ll explore the story across the following 5 areas:

  • African lending & consumer credit

  • Branch's founding early history

  • Product & monetization strategy

  • Competitive positioning & potential exit options

  • Overall outlook

This episode was recorded on Sep 10, 2023

Companies discussed: Branch, Kiva, Kuda Bank, Chipper Cash, Earnin, Paga, FairMoney, MFS Africa, GTBank, Access Bank, Ecobank, PalmPay, Carbon, PiggyVest, Upstart, Tala, Visa, Mastercard & Safaricom

Business concepts discussed: Smartphone credit assessment, Consumer lending, neobank strategy, Personal Finance OS, unbanked population, smartphone credit assessment & Pan-African Banking

Conversation highlights:

  • (01:00) - What Branch is and why we’re talking about it

  • (07:40) - Africa consumer credit context and background

  • (19:17) - Branch International founding

  • (23:31) - Founders’ background

  • (39:12) - Fundraising and Growth

  • (51:40) - Geographical expansion

  • (1:02:01) - Acquisitions and Team overview

  • (01:15:14) - Product strategy

  • (1:33:20) - Monetization strategy and Costs

  • (1:41:58) - Competition and options for exit

  • (1:57:08) - Bankole’s overall thoughts

  • (2:10:59) - Olumide’s overall thoughts

  • (2:30:20) - Recommendations and small wins

Olumide’s recommendations & small wins:

  • Interested in investing in Africa Tech with Olumide: Read about Adamantium fund & contact me at olumide@afrobility.com. Founders looking for funding: If you're a B2B founder working on Education, Health, Finance or food, please contact me for funding at olumide@afrobility.com

  • Checkout my FIREDOM book = FIRE (Financial Independence, Retire Early) + Freedom = personal finance and financial independence book. Website, Read: Substack Newsletter & Buy: Print, eBook or Audiobook)

  • Recommendation: Eminem - Rap God (OMFG I’m 12 years late, my mind exploded. WOW!)

  • Recommendation: Can’t Hurt Me (David Goggins). Incredible book about challenges David went to from parental abuse, racism to make something of himself. I went through waves of intense emotions while reading the book. At some points, I was crying in pain with David and other times I was in pure shock about what I was listening to.

  • Small win: Hosted FIREDOM book launch event in London. Amazing conversations about life, managing money and growth. Dope shit.

Bankole’s recommendations & small wins:

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you. Contact us at info@afrobility.com

Join our insider mailing list where we get feedback on new episodes & find all episodes on Afrobility.com

  continue reading

79 Episoden

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