2032: PiggyVest Builds Trust With Nigeria's Millenials
Tech Talks Daily8 Heinä 2022

2032: PiggyVest Builds Trust With Nigeria's Millenials

Odun Eweniyi (COO & Co-Founder at PiggyVest) joins me on Tech Talks Daily to discuss how she's revolutionizing the savings & investments culture amongst young Nigerians. She is also a Forbes Africa 30 under 30 Technology Pioneer awardee.

Based in Nigeria, PiggyVest is West Africa's first digital savings and micro-investment app with a focus on restoring trust and democratising financial services for Gen Zs & millennials. They've built a strong customer base of over 3.5 million users since launching in 2016 and in 2021 alone, the platform paid out over $582 million to its users. PiggyVest's growth is also especially impressive when you consider its last fundraise was a $1.1mn seed round in 2018.

Why do savings & investments in Nigeria need change? There are very few countries in the world where savings are more of a necessity than Nigeria. Due to the severe lack of credit options, Nigerians are well-accustomed to paying for goods and services upfront, forcing them to rely heavily on their savings. However, with excessive bank charges and poor interest rates further eroded by high inflation, they are heavily disincentivized to save with traditional financial institutions, which often leave them with less money than their original deposits.

Equally, the barriers to boosting wealth creation through investments are just as daunting. The average entry point to invest with formal financial institutions stands at 10,000 Naira, which is 8% of the average Nigerian's annual income. We discuss how technology is restoring trust and democratizing financial services for Gen Zs & millennials in Nigeria. I also learn more about how technology and innovation is sweeping across Africa.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(2000)

Building Trust in Production AI Agents With Caylent.

Building Trust in Production AI Agents With Caylent.

What would make you comfortable giving an AI agent the authority to act inside a live business process? In this episode of Tech Talks Daily, I speak with Valerie Henderson, CEO of Caylent, about what ...

2 Marras 26min

Connecting AI Fall Detection With Care Workflows at KamiVision.

Connecting AI Fall Detection With Care Workflows at KamiVision.

What makes an AI fall alert useful to the person who needs help and the team responsible for responding? In this episode of Tech Talks Daily, I speak with Mike Link, chief operating officer at KamiVis...

1 Marras 25min

What Proof of Reserves Can Tell You With LeveX

What Proof of Reserves Can Tell You With LeveX

What can a crypto exchange's proof of reserves establish, and what might still be missing from the picture? On Tech Talks Daily, I'm joined by Harvey Liu, co-founder and CEO of LeveX, to discuss trans...

31 Loka 27min

Reducing IT Firefighting With ControlUp

Reducing IT Firefighting With ControlUp

What needs to happen before an IT team can trust an AI agent to resolve a problem rather than simply report it? In this episode of Tech Talks Daily, I welcome Jed Ayres, CEO of ControlUp, and Gadi Fel...

31 Loka 28min

Making AI the ERP Interface With NetSuite

Making AI the ERP Interface With NetSuite

When would you trust your ERP system to move from answering a question to carrying out the work? Recording at SuiteWorld in Las Vegas, I spoke with Brian Chess, who leads AI product and technology for...

30 Loka 23min

Turning AI Experiments Into Business Value With Newton

Turning AI Experiments Into Business Value With Newton

What if the biggest gain from AI comes from reducing the distance between the person who understands a problem and the person building its solution? On Tech Talks Daily, I'm joined by Ben Grinnell, Ch...

29 Loka 30min

NetSuite Founder on the End of ERP and What Comes Next

NetSuite Founder on the End of ERP and What Comes Next

What if your ERP system came to you through a conversation, instead of asking you to learn its menus before you could get anything done? Recording at SuiteWorld in Las Vegas, I welcomed Evan Goldberg,...

28 Loka 18min

Giving Enterprise AI Agents the Business Context They Need With SAP

Giving Enterprise AI Agents the Business Context They Need With SAP

What needs to happen before AI agents can reliably complete work across the systems that run a business? In this episode of Tech Talks Daily, I welcome back Irfan Khan, Chief Product Officer for SAP D...

28 Loka 26min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
vallattomat
aikalisa
politiikan-puskaradio
rss-viihde-media
rss-ootsa-kuullut-tasta
rss-vaalirankkurit-podcast
ootsa-kuullut-tasta-2
rss-voi-venaja
tervo-halme
otetaan-yhdet
rss-podme-livebox
rss-asiastudio
aihe
rss-kaikki-uusiksi
the-ulkopolitist
rss-ulkopoditiikkaa
rss-raha-talous-ja-politiikka
rss-girls-finish-f1rst
rss-vain-talouselamaa