Home Business and Technology Checking in with recently launched digital bank Hello Paisa

Checking in with recently launched digital bank Hello Paisa

Hello Paisa

It appears as if the current trend in the local fintech space is digital banks. We say this as there have been a handful of high-profile launches over the past year, with the likes of Discovery Bank, TymeBank and Hello Paisa all entering the fray.

We were on hand when the latter made its official debut in March this year, launching with the help of Sasfin at the time, and with a lot of unanswered questions, the most pressing of which is whether there will be a sustained appetite for such an offering, and how Hello Paisa aimed to differentiate itself in a fledgling, but already competitive space.

 Hello Paisa

At the time, managing director Ahmed Cassim, did not have all the answers, especially with Hello Paisa’s banking platform still in its infancy. Regardless of its short time on the market though, Hello Paisa was recently able to claim a place among the inaugural Inclusive Fintech 50 list, which recognised organisations addressing financial inclusion across the globe.

Now that Hello Paisa has four months under its belt, we got the chance to speak with Cassim once again, and find out how things are going for the MD and his platform.

You might also like…TymeBank – What the next few months hold for SA’s first fully digital bank

Last week Amazon Web Services held its annual AWS Summit in Cape Town, with the company reaffirming its commitment to the region, as well as touching on several of the new technologies that it’s aiming to bring to the local enterprise landscape.

TymeBank

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As part of the opening keynote, AWS also invited some customers to tell stories about the journeys taken with the firm to date, and what services in particular have held benefit. One such company was newcomer TymeBank, which also carries the distinction of being the country’s first fully digital bank, launching to the public in the beginning of the year…Read more here

Source: htxt

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