Bridging the Gap between the Formal and Informal Sectors | SwapVend Founder Ashmita Singh

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Underdogs In Africa

12 episodes

1 week ago

Welcome to the Underdogs in Africa podcast. We connect with guests in the fintech & payments space that are making an impact in Africa. Generally, these folks had to knock down a few doors, walls & mountains to make that happen! We also feature those that don't make the speaker circuits or get enough media exposure, to highlight their journeys. Focusing on the people before the brand.

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Bridging the Gap between the Formal and Informal Sectors | SwapVend Founder Ashmita Singh | S1E2

Underdogs In Africa

1 hour 43 minutes 49 seconds

1 year ago

Bridging the Gap between the Formal and Informal Sectors | SwapVend Founder Ashmita Singh | S1E2

In this inspiring episode, we dive into the remarkable journey of Ashmita Singh. Starting with her roots in Phoenix, the South African-Indian township in Durban, Ashmita shares her decision to leave for Johannesburg, a move that sparked significant personal and professional growth. She discusses her innovative "Party for Change" initiative, reflecting her commitment to social impact.

Ashmita then takes us through her corporate path, highlighting her transition from the corporate world to becoming a founder and to her passion for solving the problems within township communities.

A key topic is Swapvend, her venture that focuses on supporting and building the township economy, and the story behind the iconic yellow taxi. We get to deep dive into some of the problems Swapvend will solve, and the next steps for the product in the market

Join us for this episode filled with insights on resilience, entrepreneurship, and making a difference.

00:00 - Introduction

04:08 - Ashmita's Background

19:30 - The Decision to Leave Durban

30:34 - Moving to Johannesburg

35:15 - The Party for Change Initiative

44:07 - Ashmita's Corporate Journey

57:11 - Transitioning from Corporate to Being a Founder

1:19:44 - What is Swapvend?

1:31:08 - Why The Yellow Taxi?

1:40:03 - What's Next for Swapvend?

About Scale….

“We shorten the time to market, and speed to revenue for a fintech”

Scale is a people first business, that care about creating impact and taking fast action, in order to overcome fintech barriers in Africa.

We build and implement the Go-To-Market and Speed-To-Revenue strategies of fintechs in Africa using our skills , expertise and our solution & technical stack to achieve quick onboarding and product launch.

Our tech stack is named, “SOIL”- Scale’s Orchestration Issuing Layer.

More specifically, we act as the conduit between fintechs and the enabling ecosystem required to launch, scale and commercialize products, overcoming the fintech death curve, and remain on track to attracting investment into the continent.

LinkedIn ⁠https://www.linkedin.com/company/scalefintechagency/⁠

Instagram ⁠https://www.instagram.com/enabling_scale?igsh=MTR0OHllbG82ODdrNg==⁠

Youtube ⁠https://youtube.com/@scale_Media?si=YfJJ1x9l7n6t3w_b⁠

LinkTree ⁠http://linktr.ee/enablingscale⁠