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From Fun to Business: How Fintech is changing Africa

From Fun to Business: How Fintech is changing Africa

Otemuyiwa Prosper

November 27, 2017
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  1. View Slide

  2. ❖ Software Developer
    ❖ Open Sourcerer
    ❖ Self-Acclaimed Developer Evangelist
    ❖ Community Builder
    ❖ Jollof Rice Ambassador
    ❖ Google Developer Expert
    ❖ Live in Lagos, Nigeria

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  3. Building a business
    is hard. Getting
    paid should not be.

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  4. First: Some Statistics
    4
    ❖ Population without a bank account - 40%
    ❖ Bank ATM per 16,000 people - 1 ATM

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  5. First: Some Statistics
    5

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  6. First: Some Statistics
    6

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  7. The Community
    contributes to
    Businesses.

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  8. Businesses
    contribute to the
    community.

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  9. How?

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  10. Let’s start with
    Communities

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  11. Types of Communities
    11
    ❖ Developer Communities
    ❖ Private/Vendor Communities

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  12. Developer Communities

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  13. Developer Communities
    13
    ❖ forLoop
    ❖ Laravel Nigeria
    ❖ Angular Nigeria
    ❖ DevCenter
    ❖ Usable

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  14. - Interaction between developer
    community members cultivate Ideas.
    - Ideas breed Products.
    - Products need to be accessible by a
    selected few or a billion users.

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  15. Hold that thought
    for a second.

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  16. - Hub8 needed to expand.
    - Africa is an emerging market. Massive
    population.
    - Hub8 chose Nigeria.
    - Hub8 needed to offer services to developers,
    technology enthusiasts and people needing
    an online presence.

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  17. ..Hub8 needed a seamless solution to enable
    Nigerians pay for their services

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  18. What did they do? - Hub8
    18
    ❖ Hub8 integrated RavePay

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  19. Why RavePay? - Hub8
    19
    ❖ Payment via cards - Visa, MasterCard, Verve
    ❖ Payment via bank accounts
    ❖ Payment via USSD
    ❖ No additional integrations for expansion into
    South Africa, Kenya, Ghana and other African
    countries.

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  20. Private/Vendor Communities

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  21. Payments is People,
    and People matter.

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  22. Private/Vendor Communities
    WebExpo Prague 2017 22
    ❖ Jollof Festivals
    ❖ Marketplaces
    ❖ Crowdfunded Platforms

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  23. Case Study: MegaBet
    23
    ❖ Online Gaming Service
    ❖ Needed to expand to the African
    market. Got into the Nigerian scene.
    ❖ Needed a seamless way of accepting
    payments.
    URL: https://mobile.megabet.ng

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  24. Case Study: MegaBet
    24
    ❖ Integrated RavePay
    ❖ Payment via cards - Visa,
    MasterCard, Verve
    ❖ Payment via bank accounts
    ❖ Payment via USSD

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  25. Case Study: Thrivesend
    25
    ❖ Online Money Transfer Service offering very low
    transfer charge rates
    ❖ Send money from your card to any Nigerian
    bank account
    ❖ Local or International Visa, Mastercards
    URL: https://thrivesend.com

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  26. Case Study: Thrivesend
    26
    ❖ Integrated RavePay
    ❖ Payment via cards - Visa,
    MasterCard, Verve

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  27. Case Study - Wallet
    27
    Wallet.ng - Get Paid easily with just a link

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  28. Case Study - Wallet
    28
    Wallet.ng - Get Paid easily with just a link

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  29. Case Study - Wallet
    29
    Wallet.ng - Get Paid easily with just a link
    ❖ Payment via cards - Visa, MasterCard, Verve
    ❖ Payment via your Wallet

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  30. Do well to send me some
    money!
    https://me.wallet.ng/unicodeveloper

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  31. Case Study: Jollof Festival
    31

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  32. Case Study: Jollof Festival
    32
    ❖ Several Food Vendors present at the event
    ❖ Customers can pay with cash or on the spot bank transfers
    But, who still carries
    cash around?

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  33. Case Study: Jollof Festival
    33
    ❖ Integrated RavePOS
    ❖ Vendors received payments from customers via card, bank
    account and USSD.
    ❖ Payment via Phones made easy with USSD -
    *402*MerchantID*Amount#
    Solution

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  34. Developers, what are you
    waiting for?
    Start getting paid today!

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  35. Quick, Secure, Fast Solution: RavePay
    35
    ❖ No Setup Fees
    ❖ Multi-company support
    ❖ Multi-currency support
    ❖ Transaction fees
    ❖ Rave Point of Sale
    ❖ Python, JS, Ruby, Cordova, iOS,
    Android SDKs
    URL: https://ravepay.co

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  36. Quick, Secure, Fast Solution: RavePay
    36
    ❖ Rave Point of Sale

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  37. Thank you #PyConNG
    Now, make Africa better!
    - @unicodeveloper

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