Offline dengan aplikasi Player FM !
#62: DPO Group - How the FinTech payments platform went from bootstrapping for 8+ years to strategically acquiring multiple companies, and exiting to Network International for $288M
Manage episode 357680707 series 2712808
Overview: Today, we’re going to talk about DPO Group. We’ll explore the story across the following areas
- African payments context
- DPO group’s early history
- Product & monetization strategy
- Competitive positioning & potential exit options
- overall outlook.
This episode was recorded on Mar 5, 2023
Companies discussed: DPO Group, Network International, Apis partners, Flutterwave, Paystack, Interswitch, Safaricom, MTN, Airtel, Takealot.com, Superbalist.com, Safaricom, Yoco, PayPal & Chipper Cash
Business concepts discussed: Bootstrapping, Payments ecosystem, payments partnerships strategy, payments infrastructure, low-end disruption, banking regulation, Mobile Money, E-commerce payments, Virtual cards & payments M&A strategy
Conversation highlights:
- (04:40) - Africa Payment Context at time of DPO’s founding
- (12:46) - DPO Group Founding and early history
- (14:05) - Founder Background
- (25:57) - Fundraising and Growth
- (29:48) - Acquisitions and Partnerships
- (51:30) - Product and Monetization Strategy
- (1:00:05) - Competition
- (1:08:35) - DPO’s exit to Network International
- (1:27:15) - Bankole’s overall thoughts and outlook
- (1:39:10) - Olumide’s overall thoughts and outlook
- (1:47:01) - Recommendations and small wins
Olumide’s recommendations & small wins:
- Recommendation: The War of Art: Book for creators and artists to get over the hump and release their inner creative expression to the world
- Recommendation: Naval Ravikant podcast with David Deutsch talking about Physics. Amazing episode. Having two of them together is incredible. Like having a rap collabo.
- Recommendation: Fela in Versace. Shit is too nice. I love songs that combine unrelated ideas
- Small win: Soul Cycle for the First time. Dope shit.
Bankole’s recommendations & small wins:
- Recommendation: Stratechery Podcast - Eric Seufert and Ben Thompson & Mike Munger on EconTalk on Decision-making
- Small win: I signed up for a gym membership for the first time ever
Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!
Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com
Investors: It would be great to link up with you. Contact us at info@afrobility.com
Join our insider mailing list where we get feedback on new episodes & find all episodes on Afrobility.com
76 episode
Manage episode 357680707 series 2712808
Overview: Today, we’re going to talk about DPO Group. We’ll explore the story across the following areas
- African payments context
- DPO group’s early history
- Product & monetization strategy
- Competitive positioning & potential exit options
- overall outlook.
This episode was recorded on Mar 5, 2023
Companies discussed: DPO Group, Network International, Apis partners, Flutterwave, Paystack, Interswitch, Safaricom, MTN, Airtel, Takealot.com, Superbalist.com, Safaricom, Yoco, PayPal & Chipper Cash
Business concepts discussed: Bootstrapping, Payments ecosystem, payments partnerships strategy, payments infrastructure, low-end disruption, banking regulation, Mobile Money, E-commerce payments, Virtual cards & payments M&A strategy
Conversation highlights:
- (04:40) - Africa Payment Context at time of DPO’s founding
- (12:46) - DPO Group Founding and early history
- (14:05) - Founder Background
- (25:57) - Fundraising and Growth
- (29:48) - Acquisitions and Partnerships
- (51:30) - Product and Monetization Strategy
- (1:00:05) - Competition
- (1:08:35) - DPO’s exit to Network International
- (1:27:15) - Bankole’s overall thoughts and outlook
- (1:39:10) - Olumide’s overall thoughts and outlook
- (1:47:01) - Recommendations and small wins
Olumide’s recommendations & small wins:
- Recommendation: The War of Art: Book for creators and artists to get over the hump and release their inner creative expression to the world
- Recommendation: Naval Ravikant podcast with David Deutsch talking about Physics. Amazing episode. Having two of them together is incredible. Like having a rap collabo.
- Recommendation: Fela in Versace. Shit is too nice. I love songs that combine unrelated ideas
- Small win: Soul Cycle for the First time. Dope shit.
Bankole’s recommendations & small wins:
- Recommendation: Stratechery Podcast - Eric Seufert and Ben Thompson & Mike Munger on EconTalk on Decision-making
- Small win: I signed up for a gym membership for the first time ever
Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!
Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com
Investors: It would be great to link up with you. Contact us at info@afrobility.com
Join our insider mailing list where we get feedback on new episodes & find all episodes on Afrobility.com
76 episode
Tüm bölümler
×Selamat datang di Player FM!
Player FM memindai web untuk mencari podcast berkualitas tinggi untuk Anda nikmati saat ini. Ini adalah aplikasi podcast terbaik dan bekerja untuk Android, iPhone, dan web. Daftar untuk menyinkronkan langganan di seluruh perangkat.