Michael and Johnny continue their African Fintech tour by heading East to another OG, M-Pesa. We evaluate its success before diving into our Rich Tech or Poor Tech analysis, where we look at the industry, incremental user value, and incremental societal value. Finally, we discuss M-Pesa's future outlook.
In News of the Week, Apple held its 'Spring Loaded' event unleashing new Air tags, updated iPad Pros, iMacs, a royal fitting Purple iPhone, and an Apple TV with a functional remote.
Recorded Date: Sunday, April 25, 2021
Time Stamps
- 00:00:18: News of the Week
- 00:01:56: M-Pesa
- 00:05:32: Industry
- 00:08:48: User Value
- 00:11:00: Societal Value
- 00:18:13: Final Verdict
- 00:18:55: Future Outlook
Highlights
- iPhone says hello to royalty!
- Our podcast has found another potential acquirer in Apple as they push into Podcasts with their redesign & Subscription service
- M-Pesa is the OG in mobile-based payments service
- Is M-Pesa a Rich Tech or Poor Tech service?
- How have individuals benefited from M-Pesa?
- Going from cash payments to digital payments can contribute to reducing corruption
- What took the banks so long to react to all these newer FinTech companies?
- Can M-Pesa go into ecommerce?
- The End game is to become a multinational megacorp! Just like the banks
Links
