Fintech and financial inclusion

Fintech and financial inclusion

04 Dec 2023|SuperReturn
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Selma RibicaSelma RibicaCo-Founder & Managing Partner at First Circle Capital

Selma Ribica is a Fintech entrepreneur, VC investor and a veteran of the African FinTech industry. As an early executive at M-Pesa, she was in charge of expansion and product innovation. After that, Selma founded, scaled and sold a FinTech business in London, Lebara Money, serving underbanked migrants. Since 2017, Selma has been investing in FinTech including names like Qonto, Expensya, Bamboo, Dash, THNDR etc. Now based out of Casablanca, Selma is managing an early-stage fintech fund for Africa First Circle Capital. She serves on board of fintech businesses in the region and advises prominent venture capital investors in Africa. INSEAD MBA graduate, Selma has lived in nine countries so far, and speaks 6 languages.

Gbenga AjayiGbenga AjayiPartner, Africa at QED Investors

Gbenga is a partner at QED focusing on Africa investments as part of the international team.

Gbenga has spent his career working across fintech/tech and Africa in a variety of roles from product development to growth to marketing to partnerships. He has had experience working across Africa, Europe and the U.S. markets. Prior to joining QED, Gbenga was co-founder of Kanza Ventures, a boutique seed investment and advisory firm focused on fintech in Africa.

Before that, Gbenga was product director for SMB growth at Wise (formerly TransferWise), a global cross-border remittance fintech. Prior to that, he was head of strategic partnerships at Revolut, Europe’s biggest neo-bank, managing teams responsible for product integrations such as Xero, Quickbooks and Expedia.

Previously, Gbenga spent six years at Google in a variety of roles from managing telecom industry partnerships and strategy in Africa to leading Google’s mobile app business with clients spread across industries from banking to travel to e-commerce companies across Nigeria, Kenya and South Africa. He was also a product partnerships lead in Europe and Africa where he worked on localizing Google Search in Africa and launched Google Events Search in Germany, the U.K., Spain and France.

Gbenga is passionate about the tech ecosystem and mentors many founders, especially in Africa. He is a global advisory board member for Antler, a global startup accelerator, co-organizer for Stockholm Tech Fest and also a fellow of the Nigeria Leadership Initiative.

Gbenga holds an MBA from London Business School and received his Bachelor of Science degree in economics from Obafemi Awolowo University in Nigeria. He is fluent in both English and Yoruba and has a basic working knowledge of Swedish. He is based in London.

Kyane KassiriKyane KassiriPartner at RaliCap

Kyane is a partner at RaliCap, a fintech and climate fund for emerging markets backed by top global VC firms. RaliCap also runs one of the most active fintech collectives across emerging markets, with 180+ operators from Square, Stripe, Plaid, Visa, Mastercard, Coinbase, Shopify, Paypal, Ledger, Flutterwave and others. The firm made 65+ investments so far and is on track to do another 50. Kyane has been working in the African tech scene for the past 7 years, first as an entrepreneur, then as an investor with African, US, and European VC firms. Kyane has been prolifically angel investing across MENA and SSA before starting his [now fully deployed] micro-fund Suya Ventures. Based in his hometown Tunisia, Kyane is often wandering around RaliCap’s key markets, picking up some Pidgin, Swahili, Urdu and Egyptian slang along the way.

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Description

Are there too many models offering the same services and how can businesses drive more consolidation? Integrating multi-purpose platforms – what different services can one fintech business offer to improve efficiency? Which models are creating more inclusive environments for small businesses and underbanked regions? Why has insurtech not really taken off?

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