English Podcast Intro Tech Company Payment Processor

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Gaser El Safty

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Description

This podcast is called \"Making It.\" It was created by the top business publication in Egypt, and we interviewed CEOs of the most influential companies in the country. I was in charge of producing 2 seasons of the show. I also narrated the introductions to each episode. This is one of those intros.

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Vocal Characteristics

Language

English

Voice Age

Young Adult (18-35)

Accents

North American (General)

Transcript

Note: Transcripts are generated using speech recognition software and may contain errors.
until relatively recently, payment options in Egypt were limited to cash only when the majority of Egyptians are unbanked. That means most people have no access to financial services. But this is now changing thanks to players like fogey who since 2008 have set out to connect people businesses and banks. And this was a tall order because Ferrari's bill payment platform came with a set of challenges beyond building and connecting moving parts. They also had to convince the average person that they could pay their bills, transfer money and be connected to the banking system wherever they are. Even from the nearest. When he founded Foggy, he knew he wanted to leverage his experience in technology and also address a clear market need. He knew investors acquired the business with recurring revenues and market realities necessitated. They be built by local talent. A decade later, Foggy is now a major listed company on the G. X with international shareholders and the market cap of over $1 billion dollars Today, the platform connects millions of customers through over 150,000 service points and can be used for over 850 services, including paying utility bills, school tuition, and even the time consuming traffic fines, insurance. But perhaps most importantly, the platform is crucial to financial inclusion. It provides a gateway into the financial system for individuals and small businesses that would otherwise struggle to meet minimum banking requirements and facilitates returning cash on the open market the formal banking channels. Oh, she talks to us about building the company from the idea stage onwards, the challenges he faced standing his first major client. And what comes next at Fogey? Here's Osheroff, speaking to Patrick Enterprises, editor in chief and co host of Making it.