1% built: Opportunities and challenges in building Africa’s payment infrastructures

February 28, 2024 Episode #38 00:50:43
Host: Alex Lawrence Guests: Benjamin Fernandes, Micky Tesfaye

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Payments in Africa are “1% built,” presenting a massive opportunity to unlock growth for businesses and improve lives – not just on the continent itself but also around the globe where migrants proliferate and prosper.

Join Benjamin Fernandes, CEO of Nala, a cross-border payments and remittances fintech focusing on building Africa’s modern payment infrastructure, to discuss the challenges and opportunities in African payments. With unconscionably high costs and complexities, payments within and to/from Africa illustrate the pressing need for infrastructure and regulatory improvements – and Benjamin and Nala are at the helm.

Co-hosted with Money2020’s Micky Tesfaye.

Disclaimer: Converge is Convera’s new podcast that discusses a range of financial services topics. We want to remind our listeners that the information shared on this podcast is for informational purposes only and should not be considered financial advice. Please note that the opinions expressed on Converge are solely the opinions of the host and the guests, not Convera’s.

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