Voice of FinTech®

In another episode of Africa Series hosted by Patrick Awori, Mary Mwangi, CEO and founder of Data Integrated (DIL), speaks about digitizing payments in the transport sector across Africa.

Show Notes

Patrick Awori, Founder and CEO at Imaginarium, a Kenyan-based FinTech behind the Circle, a virtual savings platform, hosted another episode of Voice of FinTech: Africa Series. Patrick spoke to Mary Mwangi, CEO and founder of Data Integrated (DIL) about digitizing payments in the transport sector across Africa.

Here is what they covered:
  • For our audience, what is your background in Fintech in general?
  • What is Data Integrated’s core business? What other business is DIL engaged in?
  • As an organization that is very active in digitizing transport payments in Kenya, what is your outlook on the trends in other African countries, especially in the advent of the COVID 19 pandemic? I.e., Do you predict a significant shift towards digital, or Is it more of the same? 
  • What is the regulator’s position on the digitization of payments in the transport sector? Have any interventions been supportive of your initiatives, or have the existing regulations hindered your progress?
  • What sorts of partnerships is DIL reliant on to deliver on objectives?
  • Are you raising any capital? What does your organization look for in investors? How would you quantify your business opportunity?
  • As a member of the Board of the newly established Association of FinTechs in Kenya, could you share some of the merits of consolidating at the association level and any strategies that AFiK has in place to mobilize the participation of Kenyan FinTechs?
  • How do you propose regulations can improve to foster growth in Africa’s payment space?
  • In your view, what gaps or opportunities still exist for other fintech actors in the African payments space in general? 
  • Beyond just financial inclusion, how else do you suggest that the fast-growing payments industry in Africa continues to be a key pillar of economic development on the continent?
  • Any advice for listeners considering a similar career as employees or entrepreneurs 

What is Voice of FinTech®?

Aiming to inspire entrepreneurs around the world to launch their new ventures. Connect FinTech enthusiasts with start-ups, incubators, accelerators, investors and incumbents.