Africa Series with Adejoke Adekunle: Infibranches' vision to close the financial and energy access gap in Africa
In the first episode of the Voice of FinTech: Africa Series, Adejoke Adekunle, CEO of VVM Group and the founder of the African Tech Woman podcast, based in Lagos, Nigeria, spoke to Olusola Owoyemi, CEO of Infibranches.
Here is what Adejoke asked Olusola:
What Infibranches does and what's the origin story?
It’s not clear why under-served communities have remained so for the longest time - common assumptions such as “low spending power and economic activities make it rather unattractive to build a business around consumers in these communities - I’m curious! Infibranches seems to have a different view on that and I’d love for you to expand on your thesis about why you are focused on the underserved communities - what aren’t we seeing?
What are some of the overlooked opportunities you’ve seen with respect to these communities?
What are the common misperceptions about rural communities and consumers who need basic financial services?
What are the most important success factors for servicing the last mile consumer in Nigeria?
What are the critical challenges in running a business like yours?
There’s the saying that every company is a FinTech company, what are your views about that looking at it through the Infibranches lens?
I’d like for you to unpack the intersection between FinTech and energy access from an Africa perspective
Let’s discuss the big picture for Infibranches, what are the long-term goals you have and where are you today?
What’s one thing you are most proud of since running InfiBranches?
Beyond Africa, what are your thoughts around scaling up a platform like Omnibranches, their flagship product, beyond the continent?