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.

Jaksot(2000)

Blumberg Capital On What Investors Really Want From AI Founders Now

Blumberg Capital On What Investors Really Want From AI Founders Now

What does it really take to build the next generation of AI companies when the hype around scale begins to fade and real-world impact takes center stage? In this episode, I sit down with David Blumber...

11 Huhti 47min

AI Psychosis Explained With Dr. Ragy Girgis From Columbia University

AI Psychosis Explained With Dr. Ragy Girgis From Columbia University

How do we talk about artificial intelligence without ignoring the very human consequences it can have on our mental health? In this episode, I sit down with Dr. Ragy Girgis, Professor of Clinical Psyc...

10 Huhti 24min

Flexera: Why 2026 Is AI's 'Back to Basics' Moment

Flexera: Why 2026 Is AI's 'Back to Basics' Moment

Why are so many AI projects failing to deliver real business value, despite the hype and investment? In this episode, I sit down with Jay Litkey, SVP of Cloud & FinOps at Flexera, to explore the growi...

9 Huhti 18min

The Lucid Software Playbook For Aligning People, Process, And AI

The Lucid Software Playbook For Aligning People, Process, And AI

How do you bring people together to do better work when everything around them feels increasingly complex, distributed, and uncertain? In today's episode, I sat down with Jessica Guistolise from Lucid...

8 Huhti 31min

EvoluteIQ On Rethinking ROI In The Age Of Enterprise AI

EvoluteIQ On Rethinking ROI In The Age Of Enterprise AI

What happens when the very pricing model meant to speed up AI adoption ends up slowing it down? In this episode of Tech Talks Daily, I sit down with Sameet Gupte, CEO and co-founder of EvoluteIQ, to d...

7 Huhti 40min

Closing The AI Trust Gap In Customer Experience With Cyara

Closing The AI Trust Gap In Customer Experience With Cyara

How many bad customer experiences does it take before someone walks away for good? In my conversation with Amitha Pulijala, we explore why the answer might be fewer than most businesses are prepared f...

6 Huhti 33min

Turning AI Ambition Into Real Business Value

Turning AI Ambition Into Real Business Value

What does it really take to move AI from endless experimentation into something that creates real business value? In this episode, I sat down with Tom Alexander, Head of Innovation and Transformation ...

5 Huhti 30min

Adapting To Rising Costs And Constant Threats

Adapting To Rising Costs And Constant Threats

Is the endpoint still just a device, or has it quietly become one of the most important control points in modern enterprise security? Recording live from IGEL Now And Next in Miami, I sat down once ag...

5 Huhti 18min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
rss-pinnalla
rss-vaalirankkurit-podcast
aihe
rss-podme-livebox
tervo-halme
rss-asiastudio
rss-girls-finish-f1rst
otetaan-yhdet
et-sa-noin-voi-sanoo-esittaa
the-ulkopolitist
rss-mina-ukkola
rss-50100-podcast
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-ulkopoditiikkaa
rss-tekkipodi