Chapeo CEO on plans to enter into Rwanda
As Fintech gains momentum across the financial spectrum in East Africa, Chapeo which offers users access to instant loans and bill payment options is mulling an entry in Rwanda.
Thu, 24 Nov 2016 10:25:06 GMT
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AI Generated Summary
- Jasper Ochieng highlights the potential for financial inclusion in Rwanda and emphasizes the importance of robust security measures to protect user data.
- Chapeo's app was developed by African programmers within the continent, showcasing the talent and capabilities of local developers.
- Ochieng discusses the challenges and solutions for achieving interoperability within the East African community and addresses the issue of lower internet penetration in Rwanda.
Fintech is a rapidly growing sector across East Africa, and Chapeo, a platform providing instant loans and bill payment options, is eyeing an entry into Rwanda. In a recent interview with CNBC Africa, Jasper Ochieng, the CEO of Chapeo, shared insights on the company's expansion plans and strategies for navigating the Rwandan market. Ochieng emphasized the potential for financial inclusion in Rwanda and highlighted the importance of security measures to protect users' data in an increasingly digital world. The CEO also revealed that Chapeo's app was developed by African programmers within the continent, showcasing the talent and capabilities of local developers. Ochieng discussed the challenges and opportunities of achieving interoperability within the East African community, citing the efficiency of the company's technical team in addressing these issues. Despite the lower internet penetration in Rwanda compared to Kenya, Ochieng outlined how Chapeo's system can adapt to varying connectivity levels to ensure access for users. With a focus on user experience and accessibility, Chapeo aims to make financial services more inclusive and convenient for Rwandans.
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