Run the Numbers cover image

Run the Numbers

From Massive Corporate to Tiny Startup: Foodics CFO Abdullah Tahboub on Making the Leap

Mar 3, 2025
Abdullah Tahboub, CFO of Foodics, transitioned from a high-profile corporate role in telecom to a nimble startup in Saudi Arabia. He shares insights on the stark differences between corporate and startup cultures, emphasizing the thrill of adaptability and collaboration. Abdullah discusses the rapid digital transformation in the Middle Eastern food sector, detailing how Foodics evolved from basic cashier systems to a comprehensive fintech solution. He highlights the importance of Saudi Arabia's Vision 2030 in fostering entrepreneurial growth and innovation in the region.
50:21

Podcast summary created with Snipd AI

Quick takeaways

  • Transitioning from a corporate CFO to a startup CFO involves embracing diverse responsibilities and a more agile decision-making environment.
  • The rapid digital transformation in the Middle Eastern food and beverage industry is driving innovations like cashless transactions and integrated payment solutions.

Deep dives

Innovative Funding Solutions for Merchants

Footix is developing a robust solution for merchants by offering funding and loans directly through an algorithm-driven pre-qualification system. Unlike traditional banks that often take weeks to approve loans, Footix can extend loans within hours, allowing merchants quicker access to capital. This integration of payment services and financing represents a significant advance in support for businesses in the food and beverage industry. By allowing repayments through payment terminals, Footix creates a seamless and efficient financial ecosystem for its customers.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode