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Fintech for Cash-First Markets with Nomanini's Vahid Monadjem

Fintech for Cash-First Markets with Nomanini's Vahid Monadjem

In this episode, we continue our exploration of the entrepreneurs digitizing informal and analog markets, with Nomanini's Vahid Monadjem. Nomanini is a fintech platform for informal retail merchants in cash-heavy economies, and Vahid, the company's Founde

The Flip · Vahid Monadjem, Justin Norman, Chris Williamson

February 11, 202142m 11s

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Show Notes

In this episode, we continue our exploration of the entrepreneurs digitizing informal and analog markets, with Nomanini's Vahid Monadjem. Nomanini is a fintech platform for informal retail merchants in cash-heavy economies, and Vahid, the company's Founder and CEO, believes the best "way to move beyond cash is for us to be really interoperable with it." In this episode, we talk about specialization and interoperability, B2B partnerships, lessons from the last-mile, and much more.

3:41 - First question, what is the market environment in which Nomanini is operating?
7:42 - We dive deep into Nomanini's products.
15:25 - A discussion on cash and interoperability.
23:45 - On Nomanini's B2B partnerships and how to work with corporates.
30:12 - What's Nomanini's origin story, and what lessons have they learned from their ten-year journey?
36:05 - What does the future of fintech and informal retail in Africa look like?

This episode is part of our conversational series sponsored by MFS Africa. MFS Africa's competition is with cash, and throughout this series, we'll feature other startups and entrepreneurs who are digitizing, better organizing, and aggregating analog and fragmented industries.

Follow The Flip on social media @theflipafrica.

Topics

fmcgafrican entrepreneurcape town startupssouth africasouth african startupsinformal retailafrican startupsafricaafrican techmobile moneym-pesanomaninisouth african techfintechsouth african entrepreneurinformal markets