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How Fintech Is Shaping The Future Of Banking With Tayo Oviosu (CEO OF Paga)

Afropolitan
S2 E150:06
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Tayo Oviosu Quote- “A life of service is worth living.” The Afropolitan Podcast spotlights Afropolitans who aren’t afraid to step into the unknown and walk in purpose. With this podcast we hope to empower Africans in the Diaspora to harness their full potential and contribute to the development of a bold and progressive black community. Our guests will share their working formulas, the hard facts about leaving familiar terrain, embracing the unknown, and staying relevant afterwards. This episode features Tayo Oviosu, founder and group CEO Paga,a mobile payments company focused on digitizing cash in emerging economies. The Stanford educated professional saw a huge opportunity in the financial service industry and came up with what is now paga. With over 19 million users, paga is unrelenting in bringing financial services to the unbanked. Listen and enjoy as Tayo talks to us about the impact of FinTech companies in Africa and how Paga aims to serve the unbanked. Tayo’s reading list True North by Bill George https://www.amazon.com/True-North-Discover-Authentic-Leadership/dp/0787987514 My American Journey by Colin Powell https://www.amazon.com/My-American-Journey-Colin-Powell/dp/0345466411 Shoe Dog by Phil Knight https://www.amazon.com/Shoe-Dog-Memoir-Creator-Nike-ebook/dp/B0176M1A44 Show Notes 1:33 Paga Mission 4:00 Has paga solved the pain point of carrying cash around in Nigeria 6:26 Unique challenges faced while starting paga 8:43 Fundraising challenges founders in Africa face 12:28 How paga has engaged regulatory bodies 15:58 Insights on agency banking model 22:01 How paga has been able to recruit and retain talent 25:52 Operational challenges paga faced during covid 30:01 leadership challenges 31:26 Books that have impacted Tayo’s life 36:05 First encounter with failure as an entrepreneur 42:46 Concept of product management in the tech ecosystem. The Afropolitan Podcast is hosted by Eche Emole, co-founder of Afropolitan. Listen and subscribe to the show on Apple Podcasts, Spotify, Jamit, or wherever you get your podcasts. Want to learn more about Afropolitan? Twitter - https://twitter.com/afropolitan Website - https://www.afropolitan.io/ Afropolitan Community - https://linktr.ee/afropolitangroup

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