How Can Africa Build Its Own 'Fintech Stack'?

In 2023, India accounted for nearly 25% of all global IPOs with 340 public offerings, while the entire Middle East and Africa combined had just 50 IPOs. What created this massive gap, and how can Africa bridge it? Join hosts Shannon and Johan as they explore India's remarkable transformation from a nascent market to home of the world's most sophisticated digital financial infrastructure. With guest Adrienne Henderson, Senior Associate at Quona Capital, they break down the three foundational pillars of India's success: Aadhaar (universal digital identity), UPI (unified payments interface), and open banking APIs. The conversation examines Africa's unique challenges—54 countries, 40+ central banks, and thousands of languages—while highlighting promising innovations like M-Pesa in Kenya and South Africa's new rapid payments program.  The content here does not constitute tax, legal, business or investment advice or an offer to provide such advice, should not be construed as advocating the purchase or sale of any security or investment or a recommendation of any company, and is not an offer, or solicitation of an offer, for the purchase or sale of any security or investment product. For more details please see https://quona.com/legal/