The African Startup Teardown Podcast

Eversend: How Not to Lose Money in Fintech[S2, Ep 4].


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From Africans gaming referral programs to solving cross-border transfer problems in Africa, this episode tears down a Fintech company - Eversend.

Yemi is joined by the CEO & Co-founder of Eversend - Stone Atwine to explain what the business does and how it operates. 

Stone shares his thought on Fintech generally, how Eversend started, their value proposition to customers, and how they got to process $240,000,000+ transaction within 3 years. 

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 Timestamp

00:00 - 01:00 - Intro

01:00 - 02:43 - What is Eversend

02:43 - 05:23 - Bundling and unbundling of financial services

05:23 - 09:24 - Building a differentiated product from others

09:24 - 13:00 -  How Eversend started

13:00 - 17:12 -  Eversend unique selling point

17:12 - 23:12 -  Eversend pricing and fees

23:12 - 28:21 - Eversend growth in transaction volume

28:21 - 31:58 -  Fintech customer LTV

31:58 - 39:30 - Eversend acquisition strategy 

39:30 -  48:00 - Lessons learned from building Eversend

48:00 - 51:03 - Eversend market expansion

51:03 - 54:20 Eversend competition

54:20 - 56:44 - Bull and bear case for Eversend

56:44 - 60:00 - Outro

...more
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