The Flip
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Top 10 The Flip Episodes
Goodpods has curated a list of the 10 best The Flip episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to The Flip for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite The Flip episode by adding your comments to the episode page.
05/30/24 • 20 min
There is a $330 billion credit gap, according to the IFC. But why is it so hard to lend in African markets?
We explore that question with Chijioke Dozie, Co-founder and CEO of Carbon, and Mark Straub, CEO of Smile Identity.
This episode was recorded live from the FT Partners Fintech in Africa Summit in New York City. Download their FinTech in Africa research report, published in March 2024.
00:00 - Introduction
01:36 - The credit infrastructure problems in Africa
02:28 - Carbon's approach to lending
03:51 - SmileID's perspective on credit infrastructure
08:10 - Ability to pay vs. willingness to pay
10:06 - Private sector solutions
17:36 - The challenges of scaling lending without infrastructure
Follow Chijioke on Twitter.
Follow Mark on Twitter.
This episode was the third in our series of interviews recorded live from the Fintech in Africa Summit.
Nigerian Neobanks with Moniepoint's Tosin Eniolorunda, Kuda's Babs Ogundeyi & Fairmoney's Laurin Hainy: https://theflip.africa/podcast/nigerian-neobank-roundtable-moniepoint-kuda-fairmoney
Cross-Border Payments with NALA's Benjamin Fernandes & GTXN's Dan Kleinbaum: https://theflip.africa/podcast/why-are-cross-border-payments-so-hard
Our Links -
🎥 YouTube - https://youtube.com/@theflipafrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica
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06/13/24 • 9 min
One of the African tech ecosystem's largest exits was the 2020 sale of Sendwave to WorldRemit for $500 million.
Sid Sridhar was Sendwave's Head of Business at the time, and in this episode, Sid shares his M&A lessons for the African tech ecosystem.
Sid is now the Head of Business at Wave, the mobile money company spun out of Sendwave that's competing head-on with the telcos in Francophone West Africa. Wave raised a $200 million Series A in 2021, valuing the company at $1.7 billion.
00:00 - Introduction
01:32 - Every deal is different
02:16 - Know the business model that you're building for
02:40 - Companies get bought not sold
03:41 - How to qualify a deal
04:53 - Be smart & strategic with information
05:31 - Be transparent
06:24 - Stay close to potential buyers
07:39 - Alignment with investors
Follow Sid on Twitter
Check out other episodes from the Fintech in Africa Summit:
Nigerian Neobank Roundtable: Moniepoint, Kuda, FairMoney
Why Are Cross-Border Payments So Hard?
Tackling Africa’s $330 Billion Credit Gap
Our Links -
🎥 YouTube - https://youtube.com/@theflipafrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica
02/25/21 • 40 min
In this episode, we talk about cryptocurrency with the Co-Founder and CEO of Bundle, and the Founding Partner of Microtraction, Yele Bademosi. Beyond trading and price volatility, what is it about crypto that excites Yele and so many others on the continent?
Throughout the series of episodes, we're exploring the entrepreneurs in start-ups digitizing informal and fragmented industries on the continent. And despite the technological underpinnings of cryptocurrency as a whole, many of the buying and selling processes and use cases of crypto today are still quite informal and fragmented. In this episode, we hear from Yele about the work Bundle is doing to build products and use cases that make crypto more accessible, affordable and help bring it into the mainstream.
For those less familiar with crypto terminology, we have also published a crypto glossary to define many of the terms used in this episode. Check it out here: https://theflip.africa/crypto-glossary/
4:21 - First question, on consumer education in largely cash-based economies.
10:36 - The macro dynamics - such as devaluation of the Nigerian Naira - that help make the case for crypto adoption.
14:41 - Bundle's origin story and the goals for the business.
20:22 - An exploration of use cases for crypto beyond trading and speculation.
26:47 - A conversation on DeFi, or decentralized finance.
32:42 - On a grand scale, what kind of impact can crypto - and Bundle - have in Africa?
This episode is part of our conversational series sponsored by MFS Africa. MFS Africa's competition is with cash, and throughout this series, we'll feature other startups and entrepreneurs who are digitizing, better organizing, and aggregating analog and fragmented industries.
Follow The Flip on social media @theflipafrica.
11/21/19 • 30 min
A tenet of entrepreneurship getting as close to the customer or end-user as possible, to best understand and implement solutions for them. But what does this look like across the continent, where the set of problems and opportunities are unique to the market and context in which entrepreneurs are operating?
In this episode, Justin speaks with founders who are building businesses by intimately understanding the problem and their end-users - by taking the worm's eye view.
3:39 - SafeBoda co-founder Ricky Rapa Thomson
10:46 - Lumkani co-founder and CEO David Gluckman
16:27 - Farmcrowdy founder Onyeka Akumah
23:25 - a conversation between Justin and The Flip's b-mic, Sayo Folawiyo.
12/03/20 • 28 min
On October 15, 2020, Paystack and Stripe announced the acquisition of the former by the latter, in a deal reported to be worth over $200 million. This marks Stripe's largest acquisition to date and is an incredibly meaningful exit for the African tech ecosystem. To unpack the deal, we spoke to Shola Akinlade, Paystack's Co-founder and CEO, and Matt Henderson, Stripe's Business Lead for Europe, the Middle East, and Africa.
3:43 - We start our story of the Stripe acquisition of Paystack in the Winter of 2016. Paystack becomes the first Nigerian startup to participate in Y Combinator, where Shola is introduced to Stripe Co-founder and CEO Patrick Collison. Stripe leads Paystack's Series A.
6:02 - As both companies - and their relationship with each other - grew, the idea of an acquisition arose naturally.
8:10 - Why is Stripe interested in Paystack, and Africa as a region?
10:38 - What does the future for Paystack look like now that it has joined Stripe?
13:40 - We explore the growth opportunity for Paystack's merchants, as it expands its geographic coverage.
15:55 - On Paystack's customer intimacy and product roadmap.
19:44 - As always, a reflective conversation between Justin Norman and Sayo Folawiyo on this episode’s topic.
For more episodes, visit us at https://theflip.africa or follow us on twitter @theflipafrica.
02/11/21 • 42 min
In this episode, we continue our exploration of the entrepreneurs digitizing informal and analog markets, with Nomanini's Vahid Monadjem. Nomanini is a fintech platform for informal retail merchants in cash-heavy economies, and Vahid, the company's Founder and CEO, believes the best "way to move beyond cash is for us to be really interoperable with it." In this episode, we talk about specialization and interoperability, B2B partnerships, lessons from the last-mile, and much more.
3:41 - First question, what is the market environment in which Nomanini is operating?
7:42 - We dive deep into Nomanini's products.
15:25 - A discussion on cash and interoperability.
23:45 - On Nomanini's B2B partnerships and how to work with corporates.
30:12 - What's Nomanini's origin story, and what lessons have they learned from their ten-year journey?
36:05 - What does the future of fintech and informal retail in Africa look like?
This episode is part of our conversational series sponsored by MFS Africa. MFS Africa's competition is with cash, and throughout this series, we'll feature other startups and entrepreneurs who are digitizing, better organizing, and aggregating analog and fragmented industries.
Follow The Flip on social media @theflipafrica.
11/28/19 • 42 min
They say that the difference between the US and Africa is that the US has competition while Africa has complexity. And a big reason for its complexity is a lack of infrastructure.
It compels many startups to build infrastructure, invest in other market-making activities and/or to diversify earlier in their journey to make their businesses work. How are startups across the continent building sustainable businesses in this environment?
2:57 - Kasha's Joanna Bichsel
10:56 - MAX.ng's Tayo Bamiduro & Chinedu Azodoh
18:17 - BRCK's Erik Hersman
23:06 - Hello Tractor's Jehiel Oliver
32:07 - a conversation between Justin and The Flip's b-mic, Sayo Folawiyo.
09/30/21 • 7 min
Introducing The Flip Season Three. This season is about value chains - we pop the hood across sectors and take an in-depth look at what's going on underneath.
Follow the Money
The Flip
10/07/21 • 33 min
We hear a lot, in the African tech ecosystem, that the competition is with cash. Virtually every country in the world is on some form of a journey to move from cash to cashless. Many African markets, however, are quite far on that journey. And to understand how to accelerate this trend on the continent, we first need to understand how money moves.
[04:55] - For most Africans, the mobile money experience starts with agent networks, like TeamApt's MoniePoint, in Nigeria.
[09:47] - Though increasingly, people are getting paid by employers directly into their mobile wallets. Bulk disbursement startups like Julaya, in Cote d'Ivoire, play a role here.
[13:24] - But how does money actually move, between accounts and banks? The movement of money is powered by national payments switches. In South Africa, its payments switch is BankservAfrica.
[20:06] - So now that we know how money moves, how are fintechs building greater utility into their mobile wallets, to compel users to keep money in them?
[25:56] - How should we think about the design and extensibility of mobile wallets, in the context of physical wallets?
This season is sponsored by MFS Africa.
All this season, we're exploring value chains. And in the payments value chain, no fintech has a wider reach on the continent than MFS Africa. Through their network of over 180 partners - MNOs, banks, NGOs, fintechs, and global enterprises - MFS Africa's API hub makes connects over 320 million mobile wallets across 30+ countries in Africa.
06/27/22 • 20 min
Read Sabi: Platforming Trade in Africa on The Flip.
We’re trying something new - an audio version of this week's partner edition of The Flip Notes, together with Sabi. Along with narration from The Flip's Justin Norman, you can hear Sabi’s co-founders, Anu Adedoyin Adasolum and Ademola Adesina, tell part of the story in their own words.
The Flip Notes Partner Editions are our occasional sponsored deep dive of a market or sector or business model, in partnership and behind the scenes with a company whose story benefits the ecosystem. You can read more about the process and guidelines of the partner editions here.
Subscribe to The Flip Notes: https://theflip.africa/subscribe.
In today's edition of The Flip Notes, we’ll tell Sabi’s story across a few different dimensions:
03:32 - Rensource and COVID’s Creative Destruction
05:45 - Understanding Value Chains
10:30 - The Product
13:42 - Platforms and The Bill Gates Line
15:52 - The Risks
18:04 - The Opportunity
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FAQ
How many episodes does The Flip have?
The Flip currently has 87 episodes available.
What topics does The Flip cover?
The podcast is about Venture Capital, Entrepreneurship, Startups, Podcasts, Technology, Business and Africa.
What is the most popular episode on The Flip?
The episode title 'Tackling Africa’s $330 Billion Credit Gap' is the most popular.
What is the average episode length on The Flip?
The average episode length on The Flip is 31 minutes.
How often are episodes of The Flip released?
Episodes of The Flip are typically released every 7 days.
When was the first episode of The Flip?
The first episode of The Flip was released on Nov 13, 2019.
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