Techpoint Build Spotlight: Meet Monnify, one of Africa’s fastest-growing payment providers

by | Jan 18, 2022

If you haven’t found a reason to register for Techpoint Build yet, then I’m here to add to the growing list. The theme for this year is titled the next frontier, where we’ll expose the game-changing technologies and business models of the future. 

For Techpoint Build is a massive journey, and we’ve been deliberate about the companies we brought on board to help reach our destination. As the event focuses on shifting paradigms across major sectors; Financial Services, Health, Education, and Media, we’ve brought in startups and companies at the vanguard of their respective industries. 

Today, we’re highlighting Monnify, a company helping to create the next frontier in digital payments in Africa. We caught up with the company’s Vice President for a bit of chat. 

Let’s get to meet you—a brief bio about you and what you do.

My name is Ifeanyi Duru, and I am the Vice President of Monnify. I am responsible for developing strategic partnerships to grow revenues for the brand while ensuring the retention of customers by improving their lifecycle experience. I have 11 years of experience across multiple facets of payment processing and financial services, previously leading Cross-Selling and Partnerships at  Interswitch group and managing partnerships at SystemSpecs.

How would you explain your startup’s value offering to a five-year-old? 

We make it easy for Daddy and Mummy to buy toys for you using the internet either on their laptop or phones. Daddy and Mummy can now buy your toys anytime using different ways online without going to the gift store. 

What makes you excited about Techpoint Build 2021 

 I believe Techpoint Build presents a fantastic opportunity to foster and drive connectedness among fellow players in the tech ecosystem, one that the industry consistently needs. 

What pain points do you think needs to be addressed in the financial services sector?

  •  Cross-border payments
  • The better synergy between stakeholders (fintech and banks)
  • High Transaction Fees

What impact do you envisage following Techpoint Build conversations on the next frontier? 

 By opening up minds to what’s to come, Techpoint Build 2022 can birth the rise of new startups important for the growth of the economy at large, and also, course correct existing ones who might be taking the wrong trajectory.

So, there you have it. We’ll be having a one-on-one session with Ifeanyi on January 22, 2022, where he will take us through the nitty-gritty of digital payments in Africa. In the meantime, you can visit the Monnify website.

Grab your ticket now.

Emmanuel Paul
Emmanuel Paul

Writer and narrator of technology, business and policies in Africa . Looking to chat? Catch up with me (@eruskkii) on Twitter or send a mail to emmanuel@techpoint.africa


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