Data, EarlyStage, Member Exclusive

‘There are 400 million people in sub-Saharan Africa that don’t have formal credit files’: Pngme’s Brendan Playford

  • Africa is seeing the launch of a lot of new financial services and fintech.
  • That provides an opportunity for companies like Pngme to standardize and support financial data sharing.
close

Email a Friend

‘There are 400 million people in sub-Saharan Africa that don’t have formal credit files’: Pngme’s Brendan Playford

This article was sent out to subscribers to EarlyStage, Tearsheet’s newest newsletter. With EarlyStage, we go deeper on some younger companies that point to trends, products and services, and entrepreneurs that should be on your radar screen. Subscribe to the EarlyStage Newsletter here.

2020 was an interesting year for African financial services. We saw Stripe buy Nigeria’s Paystack, its largest acquisition anywhere, and other firms raise significant venture capital.

Pngme is one of the firms contributing to the next stage of growth on the continent. Brendan Playford is founder and CEO of the firm, which offers a unified financial data API for Africa. As financial services mature, the various platforms, networks and institutional ecosystems need a way to standardize and share their customers’ financial data.

Brendan joins us on the podcast to talk about African fintech and what’s been happening there of late. We talk about where the opportunities are and where the market may head over the next few years. Lastly, we drill down into Pngme’s product offering, strategy, and expansion plans.

SubscribeApple Podcasts I SoundCloud I Spotify I Google Podcasts
The following excerpts were edited for clarity.


This content is available exclusively to Tearsheet Outlier members.

Tearsheet Outlier information and signup Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — $59/mo Already an Outlier member? Sign in to your account

0 comments on “‘There are 400 million people in sub-Saharan Africa that don’t have formal credit files’: Pngme’s Brendan Playford”

Member Exclusive

Cheat Sheet: Google Pay integrates Wise for international payments

  • Google Pay is integrating Wise to offer international payments to its users.
  • The Wise Platform allows software firms, banks and businesses to integrate with its APIs.
Zachary Miller | May 11, 2021
Member Exclusive, Online Lenders

With the cannabis market set to double, lenders hope to capitalize on the opportunity

  • Financing in the space typically has come in the form of equity investments.
  • Federal deregulation would give more lending options to cannabis businesses.
Shehzil Zahid | May 05, 2021
Data Snacks, Member Exclusive

Data Snack: Empathetic banks grew revenue faster than non-empathetic banks

  • A new survey explores how banks deliver empathetic experiences in a digital world.
  • 72% of banks expect interactions through human chat to increase in the next few years.
Shehzil Zahid | April 19, 2021
Member Exclusive, The Customer Effect

‘What gets measured gets done’: The steps B2B fintechs are taking to improve customer success

  • It looks like B2B fintech is booming this year.
  • To stay in the game, B2B fintechs need to keep their customers happy. Here’s how they’re doing that.
Rivka Abramson | April 15, 2021
Data Snacks, Member Exclusive

More people would make contactless payments if they actually owned a contactless card

  • There is still a small but not insignificant portion of the population that doesn’t own a contactless card.
  • Card issuers could benefit from filling the gap in the market.
Rivka Abramson | April 12, 2021
More Articles