Ali Talks Tech

From Diaspora Dreams to The Path to Digital Dominance: Bonface Ombui Shares The Choice Bank Story | #Alitalkstech S3 ep 9


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In this episode of #AliTalksTech, Ali Hussein sits down with Bonface Ombui, CEO of Choice Bank πŸ’‘ to unpack one of the most fascinating transformation stories in African fintech 🌍. From its humble beginnings as a diaspora-backed microfinance institution in Rongai 🏘️ to its rebirth as a fully digital, tech-native bank πŸ’»πŸ¦, Choice Bank’s journey is a case study in resilience, innovation, and bold vision πŸš€.

Bonface shares how the bank ripped apart its legacy systems to build Seagull, a custom core banking platform βš™οΈ powering its Banking-as-a-Service model πŸ”Œ, which today drives 90% of new customers πŸ‘₯ and 60% of deposits πŸ’°. We dive into how Choice is tackling regulatory hurdles πŸ“œ, pioneering cross-border payments that settle in minutes ⏱️🌐, and building forex πŸ’± and lending solutions πŸ’³ that compete with global platforms while staying rooted in local realities.

This is more than a banking story, it’s a look into how African fintechs are rewriting the rules ✍🏾, shaping the future of financial inclusion 🀝, and proving that local innovation can rival global giants 🌟.

🎧 Tune in to learn how Choice Bank is scaling, partnering, and daring to imagine a new future for digital finance in Africa.


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Ali Talks TechBy Ali Hussein