tagedstudio's profile picture. A creative technology company based in Ghana.

tag studio

@tagedstudio

A creative technology company based in Ghana.

Hello folks we have been quiet for a while cos we've been working in the background. Now you would hear from us more frequently :-) #YoureIt


tag studio podał dalej

Great submissions @Fkoku during your twitter chat #EcobankFintech #Fintech


tag studio podał dalej

My pleasure. was great joining the chat and sharing my thoughts #EcobankFintech #Fintech

We have officially come to the end of our maiden Ecobank Fintech Challenge #TwitterChat. Thanks to our panel @Fkoku @PaulDamalie and all who joined the chat. Lets keep the fintech conversations going on twitter and all the other platforms. #EcobankFintech



tag studio podał dalej

A9. Research, Research, Research. Before developing a solution, find out what your market needs. The only way to develop a true workable solution is to know what the problem is. Many #fintech startups develop solutions without an idea of what their market needs #EcobankFintech


tag studio podał dalej

A9. There’s no way small, fragmented #fintech companies with low funding can disrupt the industry in Africa. they need to work together. #ecobankfintech


tag studio podał dalej

A9. ...Africa’s #FinTech market is massive. If startups could start working together and develop solutions that will unify different industries, they’d all benefit. #EcobankFintech


tag studio podał dalej

A9. Africa has one of the most exciting banking industries in the world with a market size expected to grow to over $129B by 2020 with Kenya alone forecasted to reach over $10B by 2020... #EcobankFintech #Fintech


tag studio podał dalej

A9. Collaboration is a strategy in this quest, as #FinTech moves into content and platform innovation, each player needs what the other has, but has found difficult to emulate #EcobankFintech


tag studio podał dalej

A9. I have heard it said before that "In a fast paced world think slowly" slow down your thoughts and notice the tiny, everyday moments, you will find the greatest innovation in those moments of slow & steady, u get the opportunity to digest things better #EcobankFintech #FinTech


tag studio podał dalej

A9. Always ask yourself, how can we make financial services better, cheaper, exciting and inclusive with no boundaries? #ecobankfintech #Fintech


tag studio podał dalej

A8. Blockcahin has brought a lot to bear on the face of recording information from identity (KYC), transactions, assets etc. It definitely holds a lot for the #Fintech Space as long as we are ready to explore its possibilities. #ecobankfintech


tag studio podał dalej

A8. Fintechs need to capitalize on the power of Blockchain, Artificial Intelligence, Cloud Computing etc for innovative technologies to address real needs. #ecobankfintech #Fintech


tag studio podał dalej

A8. Either directly or indirectly, new products should focus on targeting customers typically excluded from the formal financial system. #ecobankfintech #Fintech


tag studio podał dalej

A8. With Facebook's chatbot it shouldn’t be herculean to explore the options for allowing consumers to perform banking transaction in their chat rooms and easily send monies to persons they are chatting with, while considering ussd integrations as well. #ecobankfintech #Fintech


tag studio podał dalej

A7. ...hence regulation is almost always passive and correctional than active and preventive. #EcobankFintech #fintech


tag studio podał dalej

A7. Central banks may be doing their best to regulate #Fintech tho sometimes slow compared to the disruptive style of the Bank/Fintech harmony who are also slow compared to the demands of consumers... #EcobankFintech #Fintech


tag studio podał dalej

A7. A typical example would be the recent interoperability move by the bank of Ghana through its Ghana Interbank Payments and Settlements Systems GHIPSS office empowering consumers to have the freedom of moving money across the board #EcobankFintech #Fintech


tag studio podał dalej

A7. Some of #Fintech startups are operating in a space not yet regulated by governments through their central banks. As a result many institutions in this space are finding their way around regulation #EcobankFintech #Fintech


tag studio podał dalej

A7. It is a yes and no...


tag studio podał dalej

A6. Although over 50% have no access to branches, 80% have access to a phone, so mobile offerings are absolutely key in this market, though consumers are running faster than banks and fintechs are #EcobankFintech #FinTech


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