Africa Series with Adejoke Adekunle: Building digital bank in Africa with Odun Eweniyi, COO of PiggyVest

<p>In this episode of the Africa Series, <a href="https://www.linkedin.com/in/adejokeadekunle/">Joke Adekunle</a> spoke to <a href="https://www.linkedin.com/in/odunayoeweniyi/">Odun Eweniyi</a>, co-founder and Chief Operating Officer at <a href="https://www.piggyvest.com/">Piggyvest</a> - an online saving and investment platform founded in 2016 to help Nigerians achieve their financial goals. Today, the startup has over 3 million customers and has recently acquired companies like <a href="https://californianewstimes.com/nigerian-fintech-abeg-faces-its-biggest-test-yet-after-blitzscaling-to-millions-of-users-techcrunch/599907/">Abeg</a> - popularly known as the Cashapp for Africa. </p><p><br></p><p>Joke and Odun discussed modern finance in West Africa and building a FinTech startup on the continent. </p><p><br></p><p>Here is what Joke asked Odun:</p><p><br></p><ul> <li>Tell us a bit more about PiggyVest story</li> <li>You and your team launched PiggyVest at a time when digital banking wasn't well recognized or trusted. What were the learning curves you had to navigate at the time? </li> <li>There's a lot of funding available today - especially for FinTech companies - how do you see that changing things in the African market? </li> <li>What - in your opinion- are the most challenging parts of building a fintech company in Africa?</li> <li>What lessons have you learned lately about building a fintech business in Nigeria? </li> <li>As an investor in several African companies, I'd like you to share your perspective on the idea that "every tech company today is or can be a fintech company" - do you agree?</li> <li>Still on the topic - PiggVest acquired Abeg in 2020 - the startup popularly known as the Cashapp for Africa - what key factors led to that decision, and what are the opportunities for both companies with the acquisition?</li> <li>As an investor in several African companies, I'd like you to share your perspective on the idea that "every tech company today is or can be a fintech company" - do you agree