We recently spoke with Nosa, the retail banking manager for Kuda, a digital-only bank in Nigeria, about the state of digital banking in the country.Kuda recently raised $10 million to grow and expand its digital banking services across Africa and the diaspora.Nosa has years of experience working in the traditional banking space and broke down to us everything there is to know about digital banking and how they operate.In this discussion, we discussed:What is your mission at Kuda?What does it take to start a fully digital bank in Africa?What distinguishes Kuda from the traditional banks?What is the state of digital banking in Nigeria?What is the uptake of digital banking services in Nigeria and Africa?How does the Kuda ATM card work?You offer all other bank services except for loans, why is that? - We have overdrafts now. We’re testing with a small group of customers.What challenges have you faced so far and how did you solve them?What feature would you say sets you apart from other digital financial services?What is your opinion on cryptocurrencies?Why did you partner with Binance and how did that partnership come about?What kind of partners do you work with?Any other future or upcoming partnerships?Where do you see cryptocurrencies in the next 3,5,10 years?What is your advice for digital banking uptake in Africa?To learn more about Kuda, check out the resources below:Website: https://www.kudabank.com/Twitter: https://twitter.com/kudabank
We caught up Mark Chirnside, the Co-founder and CEO of Xago, a South African-based payment gateway built on the XRP Ledger and custom-built exchange to trade, end and receive XRP/Xago Digital ZAR.In this podcast, Mark answers the following questions:What are the early beginnings of Xago?What is the problem Xago is trying to solve?What to the recent funding by Capitec Bank?What are Xago's expansion plans in Africa?Why are bankings reserved when it comes to crypto?How can one use / access Xago services?www.bitcoinke.io
We caught up with Yele Bademosi, the founder and CEO of Bundle Africa, a unique social payments app for cash or crypto in Nigeria.Bundle Africa is a social payments app for cash or crypto. With Bundle, you can send cash or cryptocurrency to any phone number in Nigeria for free.In this podcast, Yele answers the following questions:What was the inspiration behind Bundle Africa?You define Bundle Africa as a social payments app. What is a social payments app?How has your experience at Microtraction and Binance Labs influenced Bundle?The Bundle look and feel is very artistic. What was the inspiration behind it?What inspired the unique security features on Bundle?Bundle has very positive social sentiments. Why do you think people love Bundle?What are you thoughts on the Nigerian market and the recent crypto regulation?Any expansion plans beyond Nigeria? How soon can we expect that?Can we expect Bundle Africa to actively get into the DeFi space?What advice do you have for crypto and blockchain entrepreneurs on the continent?www.bitcoinke.io
We had a chat with Carina, CEO, Beyonic.In this interview, we discussed Beyonic product offering, the state of digital payments in Africa, Beyonic acquisition by MFS Africa, and the future of digital payments on the African continent.Carina answers the questions below:Please introduce yourselfTell us about Beyonic and the problems it is solving in Africa?What is the state of digital payments in Africa?What is your opinion of cryptocurrencies?What companies have you worked with / facilitated in the crypto remittance payment space in Africa?How did the MFS Africa acquisition come about and what does it mean for the SME digital payment space in Africa?What is the future of digital payments on the African continent?www.bitcoinke.io
We caught up with Buchi Okoro, the Founder and CEO of Quidax Exchange, a leading crypto exchange in Nigeria.Quidax exchange offers Nigerian crypto users the ability to settle to local bank accounts instantly, roughtly within two minutes.In this podcast, Buchi breaks down the following for us:A brief intro of the founder and how they got into cryptoHow Quidax came to beHow is the Nigerian crypto market?How is Quidax different from existing exchanges? Features? OfferingsWhat are Quidax trading volumes - 2019 vs 2020 and pre-Covid vs Post-Covid?What are your future plans for QuidaxWhere do you see Quidax and the crypto market in Nigeria and Africa - 2-5 years from now?www.bitcoinke.io