Ideas That Matter Podcast by Vusi Thembekwayo cover image

The Future Of Banking

Ideas That Matter Podcast by Vusi Thembekwayo

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The Importance of Partnerships in Banking

I was watching the results presentation from one of the large telcos in South Africa, and I looked at their revenue model. They're not talking in the billions about what they call mOMO in that business. And it's less than a decade old. So if you're sitting back into your operating and financial services and you still think about those traditional models, it's incredible the convergence for me. We've gone in a year from buying airtime and data to buying airtime data. Oh, and by the way, I might want to get a 250,000-round working capital facility for my business.

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