#23: Stock trading services (African WealthTech Pt 1) - How retail investment platforms are racing to build the African Robinhood and Zerodha

Afrobility: Africa Tech and Business

Innehåll tillhandahållet av Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

4y ago 1:39:10

MP3•Episod hem

Overview: Today we’re going to talk about WealthTech & the rise of retail investing platforms in Africa. We’ll start with some context of stock market trading, review investment platforms in India & China & then dive into Africa's personal investing landscape. This episode was recorded on Feb 21, 2021.

Companies discussed: RobinHood, Zerodha, Futu, Ant Financial / AliPay, Bamboo, Chaka, Trove, Abacus, ARM Pensions, eToro, AvaTrade, Thndr, EasyEquities, Wealth.ng, RiseVest, PiggyVest & Cowrywise

Business concepts discussed: Personal finance strategy, retail investment strategy & wealth management

Conversation highlights:

(00:40) - WealthTech & InvestTech context
(03:40) - Stock trading & Brokerages context
(15:40) - Indian investment platforms: Zerodha
(20:40) - Chinese investment platforms: Futu & AliPay
(28:52) - African retail investment context
(30:08) - Currency risks and devaluation in Africa
(42:26) - Retail investing stories
(50:00) - WealthTech in West Africa
(56:20) - WealthTech in East Africa
(1:00:15) - WealthTech in Southern & Northern Africa
(1:15:50) - Bankole’s overall thoughts and general outlook
(1:24:22) - Olumide’s overall thoughts and general outlook
(1:31:15) - Recommendations and small wins

Olumide’s recommendations, small wins & open questions:

Recommendations: How to do the things you keep avoiding: Excellent article about dealing with procrastination & Building for the Enterprise (Aaron Levie): Video about building B2B products. Insightful & funny
Small wins: Spent time with friend’s dog & Feedly pro+: Excellent
Other content: India Investments sub-reddit, Zerodha story: Wonderful story, inspirational and heartfelt, Stock market participation in Zimbabwe paper & PiggyVest vs CowyRise vs RiseVest comparison video
Open question: How should retail investing apps adapt their business models in the next 1-3 years?

Bankole’s recommendations, small wins & open questions:

Recommendations: The startling convexity of expertise & Why Explore Space?
Small wins: FPL on a tear! Crushing all my mini-leagues :) + Visit from a good friend
Other content: The harder you work, the luckier you get, Flash Boys & Market cap of domestic companies (% of GDP) & Contracts for Difference
Open question: What do you think about the chances for foreign investors in African wealthtech?

If you have feedback or just want to say hello, please email info@afrobility.com

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