[New Video & Audio Podcast] A Conversation with Visa’s James Kabuthi & NCBA Group’s Jimmy Mwang’ondi On How The Visa Everywhere Initiative (VEI) In Kenya & East Africa Enables Fintechs.
In the latest episode of the ‘Pure Digital Passion’ podcast, we took a deep dive into the heart of fintech innovation in East Africa. The session, held at the buzzing SemaBox at Baraza Media Lab in Nairobi on the 5th of September 2023 brought together James Kabuthi from Visa East Africa and Jimmy Mwang’ondi from Loop DFS, a subsidiary of the NCBA Group.
From the Visa Everywhere Initiative (VEI) to the power of strategic partnerships, we unravelled the avenues that are setting the stage for an exciting fintech future in the region. Here’s a glimpse into the spirited discussion we had:
James Kabuthi, the Head of Products & Solutions for Visa in East Africa, opened up about his role in an organization that transcends beyond being a mere logo on our credit and debit cards. He detailed how Visa is fostering innovative solutions, catalyzing emergent fintech trends, and why a focused initiative like VEI in Kenya holds paramount importance.
Opposite him was Jimmy Mwang’ondi, the Deputy Director of Growth B2B – Digital Business at NCBA Group. Jimmy shed light on the journey of Loop DFS, their overarching brand narrative and objectives, and how their collaboration with VEI aligns perfectly with their vision for innovation and growth.
Deep Dive into the Visa Everywhere Initiative (VEI).
As we delved deeper, James provided a panoramic view of the global footprint of the VEI before zoning into its profound impact and trajectory in the Kenyan and East African context. He articulated how partnerships like that with Loop DFS are amplifying the influence of VEI, making a resonant impact in the local and regional fintech community.
Loop DFS: Fostering Innovation and Nurturing Relationships.
Jimmy spoke at length about the inquisitive spirit at Loop DFS, which fuels their search for innovative solutions. He discussed the potential attributes they were looking for in VEI participants and their plans to foster and nurture relationships with fintechs even post-VEI.
Looking Ahead: The Future of Fintech in Kenya and Beyond.
The discussion peaked with both guests casting their eyes toward the future, offering advice to budding entrepreneurs aiming to venture into platforms like VEI. They also shared their insights into the evolving nature of fintech in East Africa, discussing opportunities to deepen and expand collaborations in upcoming editions of VEI.
As we wound up this enlightening session, the emphasis remained on the synergy of vision, collaboration, and innovation. The conversation underscored the importance of blending global expertise with local dynamism to create avenues for unprecedented growth. The future of fintech in East Africa is bright, with platforms like VEI playing a pivotal role in shaping the trajectory.
Watch The Video Here:
Listen To The Podcast Here: