Mobile Money is doing so well in payments, Fintechs must build beyond payments. 😍 The story of Tembo is very interesting, I met Victor Joseph and said "Yo' we should build a neobank offering free peer to peer payments in Tanzania, Then we grow the userbase to launch other products we can charge for" 🤐 His response was like, "Dude, Payments is not a challenge anymore, Mobile money is doing a great job already, why compete where you can't win" Then he said something like, "we should build a neobank that focuses on helping people manage their money better, That was our first product which now has thousands of users in Tanzania" For Android users: Click here to try https://lnkd.in/eakvT5Sy and For Apple IOS users: https://lnkd.in/e-Asa-aF
Great service!
Senior Oracle Database Administrator
6moAfrica needs more solutions to include non banked population