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The African Startup Teardown Podcast
African Startup
16 episodes
1 week ago
A teardown of how African consumer internet companies grow. We reverse engineer how they acquire customers, onboard them, retain them, and monetize them. You will learn many core concepts in growth like jobs to be done, product-market fit, product-channel fit, channel-model fit, and model-market fit.
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Marketing
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All content for The African Startup Teardown Podcast is the property of African Startup and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A teardown of how African consumer internet companies grow. We reverse engineer how they acquire customers, onboard them, retain them, and monetize them. You will learn many core concepts in growth like jobs to be done, product-market fit, product-channel fit, channel-model fit, and model-market fit.
Show more...
Marketing
Business
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Eversend: How Not to Lose Money in Fintech[S2, Ep 4].
The African Startup Teardown Podcast
1 hour 6 seconds
2 years ago
Eversend: How Not to Lose Money in Fintech[S2, Ep 4].

From Africans gaming referral programs to solving cross-border transfer problems in Africa, this episode tears down a Fintech company - Eversend.

Yemi is joined by the CEO & Co-founder of Eversend - Stone Atwine to explain what the business does and how it operates. 

Stone shares his thought on Fintech generally, how Eversend started, their value proposition to customers, and how they got to process $240,000,000+ transaction within 3 years. 

To ensure you don’t miss any episode, updates, and for additional information on the hosts, follow @teardownpodcast on Twitter.

If you would like to get all the insider’s gist first, subscribe to our newsletter here: [africanstartupteardownpod.substack.com](http://africanstartupteardownpod.substack.com/)

Please leave a review, comment, share, and like whenever you listen. We want to hear from you and appreciate your feedback. Better ratings mean more people get to listen to the show, and it helps us grow.


 Timestamp

00:00 - 01:00 - Intro

01:00 - 02:43 - What is Eversend

02:43 - 05:23 - Bundling and unbundling of financial services

05:23 - 09:24 - Building a differentiated product from others

09:24 - 13:00 -  How Eversend started

13:00 - 17:12 -  Eversend unique selling point

17:12 - 23:12 -  Eversend pricing and fees

23:12 - 28:21 - Eversend growth in transaction volume

28:21 - 31:58 -  Fintech customer LTV

31:58 - 39:30 - Eversend acquisition strategy 

39:30 -  48:00 - Lessons learned from building Eversend

48:00 - 51:03 - Eversend market expansion

51:03 - 54:20 Eversend competition

54:20 - 56:44 - Bull and bear case for Eversend

56:44 - 60:00 - Outro

The African Startup Teardown Podcast
A teardown of how African consumer internet companies grow. We reverse engineer how they acquire customers, onboard them, retain them, and monetize them. You will learn many core concepts in growth like jobs to be done, product-market fit, product-channel fit, channel-model fit, and model-market fit.