Ep 3: Start-Up Review - Inside Kenya's Booming Fintech Scene скачать в хорошем качестве

Ep 3: Start-Up Review - Inside Kenya's Booming Fintech Scene

The first financial book that ever grabbed my interest is "Barefoot Investor - The only money guide you will ever need". Financial well-being was summarised in 4 simple tips: 1. Get a bank account that has zero fees so that I don't have to waste money on fees 2. Get a high-interest savings account so that I can make money from my savings 3. TRY not to get into debt 4. Open 4 bank accounts ( 2 everyday accounts, 2 savings accounts) so that I can categorise my spending & savings. This advice helped me greatly when I was living in Australia, not in the motherland (I needed to make loads of tweaks to these tips). Getting financial stability in Kenya is difficult because of the high transaction fees from ‪@vodacomm-pesa457‬ and banks, high-interest savings accounts are a dream, and trying not to get into debt...pfffft! I wish! And let me not even get started with banks, opening one account is hard enough. This episode was difficult to curate because there are 300+ fintech's in Kenya that are majorly offering payments and short-term digital credit. We are joined by an avid digital lending customer who uses at least 5 digital lending apps. It is clear that low-income Africans need more than payments and credit, they need to save, invest, learn and insure yet no fintech is offering all these financial services as one. I would love to hear your thoughts on this topic and as always thanks for watching!