Learning In Public

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Software Engineer, Twilio
May 10, 2022
Today, I've been learning about #fintech and mobile money payments/transfers/remittances in Africa. And I'm really confused.

It seems there is a lot of money being invested for everyone to essentially do the same thing, over and over again.

Is this all a function of "whoever gets there first wins"?

Here's my thought process here, and I'm still early in my learnings so I'll preface with I'm extremely ignorant and oversimplifying.

Why does anyone think they stand a chance against the likes of Paystack/Stripe and Flutterwave/Paypal? That's not even accounting for other mostly fine solutions like Sendwave and WorldRemit?

I guess I'm mostly curious what the big bet is when investors pour more money to different competitors on the continent. Is the bet that we think we can execute better than the competitors? I would believe it if some companies wanted to make that claim since there's enough signal that the way to win is vision + strategy + execution + a little bit of luck.

It sounds like everyone has mostly the same vision. Most of the high flyers have basically the same strategy (read: Nigeria -> South Africa -> Kenya/Egypt -> ???). And as far as luck, it seems the formula is to make your own luck (i.e. partner with Stripe,  partner with Paypal). Progress has been less than great (the ecosystem is objectively hard to work with) so execution is key. So now the differentiator is execution.

These are bold claims from a fairly inexperienced person on the internet, Twitter fingers and all that. I just found it kinda odd to read the same stories with different names attached to them. I think on the whole more competition seems right. I just wish it were more clear what's new and fresh with each competitor.

For instance, one company I'm watching closely is NALA out of Tanzania (disclaimer: I'm Tanzanian.) One of the coolest marketing ideas that NALA was putting forward when they first burst onto the scene was offline money transfers with an incredible user interface (as opposed to USSD). Haven't heard that being put front and center since 2019. I assume it coincides with their pivot to international money transfer. I think it's a regression to the (lucrative) mean, but we have to keep the lights on in this line of business. Interesting! Writing this statement and linking that article forced me to look into their CTO and apparently that same year, the CTO and NALA parted ways - wonder if there's any correlation with the move away from marketing the product using this offline angle. 

More learning to be done...
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Software Engineer, AgUnity
May 06, 2022
 I finally set up a blog on my website.

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Binance Campus BUIDLer , Binance
Mar 11, 2022
Completed and learned a lot from "AI Chatbots Without Programming by IBM".

  • In this course, they told us about how to make functional chatbots using the famous "Watson Assistant".

Deploying chatbots on all business websites is very crucial as it reduces the number of repeated questions by human effort and as robots can work 24x7, it effectively reduces costs.

  • Now, I'm an IBM-certified chatbot builder. 🤖
  • All I can say is that I've never imagined making chatbots and deploying them on apps and websites was so easy. :)
Check out the badge and certificate that I earned through this course.

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Binance Campus BUIDLer , Binance
Feb 27, 2022
I was recently intrigued about what terms like #Web1, #Web2, and #web3 contained.

So I learned and made a hashnode article about them:
Web 1-two-Web 3: Convenience unlocked🔓
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Data Officer, Ministry of Higher Education and Science, Denmark
Feb 23, 2022

Today I Learned

I created a Today I Learned (TIL) public repository on GitHub.

I will try to get into the habit of documenting my small day-to-day learnings in order to better understand and remember them, effectively building a “second brain”.
You can find the repository here.
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Binance Campus BUIDLer , Binance
Feb 18, 2022
  Posted my first ever tech article on Hashnode about Linux terminologies: Process, PID, and TID
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