Underdogs In Africa

Financial Inclusion: Role of Payment Leaders Like Mastercard | Mastercard Partnerships VP Mo Nana | S1E3


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This week's episode features a detailed and engaging conversation with Muhammad Nana, a leading figure in the African fintech and payments industry, working with Mastercard as their Vice President, Fintech PSP & Enablers, for Eastern Europe, Middle East & Africa. 

It covers a wide range of topics from personal journeys in the industry, the impact and future of fintech in Africa, to personal anecdotes and the importance of financial inclusion. Mo shares insights into his career, the evolution of fintech, and the role of companies like Mastercard in supporting financial inclusion and innovation across the continent.

The discussion also touches on challenges and opportunities within the fintech ecosystem, emphasizing the need for accessible financial services and the potential for growth and development in the region.

00:00 - Introduction

02:58 - A period of Miranda and Mo being frenemies 

09:20 - Mo’s fintech journey 

16:33 - Upbringing, working at Standard Bank, buying a BMW, and joining a start-up 

40:19 - Finding purpose through working in payments and the impact to people’s lives

48:45 - Mastercard’s developer platform and supporting fintechs 

1:04:24 - Solving large problems for fintech, payments, in the wider region 

1:09:35 - Banks are evolving, is the ecosystem working together to solve financial inclusion?

1:19:00 - Payment networks processing on-soil to solve for quicker bank settlements 

1:24:00 - Diversity in the payments industry 


About Scale….

“We shorten the time to market, and speed to revenue for a fintech” 

Scale is a people first business, that care about creating impact and taking fast action, in order to overcome fintech barriers in Africa. 

We build and implement the Go-To-Market and Speed-To-Revenue strategies of fintechs in Africa using our skills , expertise and our solution & technical stack to achieve quick onboarding and product launch. 

Our tech stack is named, “SOIL”- Scale’s Orchestration Issuing Layer. 

More specifically, we act as the conduit between fintechs and the enabling ecosystem required to launch, scale and commercialize products, overcoming the fintech death curve, and remain on track to attracting investment into the continent. 


Follow us

LinkedIn  https://www.linkedin.com/company/scalefintechagency/ 

Instagram https://www.instagram.com/enabling_scale?igsh=MTR0OHllbG82ODdrNg== 

Youtube https://youtube.com/@scale_Media?si=YfJJ1x9l7n6t3w_b 
LinkTree http://linktr.ee/enablingscale

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Underdogs In AfricaBy Underdogs In Africa