How a Nigerian Entrepreneur Is Building a Cashless Economy

Nigeria faces a cash dependency issue, with only 35% of its population having bank accounts. Tayo Oviosu, inspired by his upbringing and education, founded Paga to address this by enabling mobile transactions. Despite challenges, Paga has grown significantly, offering various financial services and planning expansion into Mexico and Ethiopia.

What percentage of Nigerians have a bank account?

What was the main idea that Tayo Oviosu aimed to change regarding money in Nigeria?

How did Oviosu's personal background influence his approach to fintech?

Describe the challenges faced by merchants in Nigeria when dealing with cash transactions.

What is the significance of the savings collector in the Nigerian economy?

What are some of the services offered by Paga?

In what ways does Oviosu see similarities between Nigeria and Mexico regarding financial services?