Connecting Africa is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.


Connecting Africa Podcast: S2 Ep. 2 – Remittance revolution

Article Image
Season two of the Connecting Africa Podcast continues and this time the team is joined by SendSprint founder and CEO, Damisi Busari, to talk about Africa's remittance market.

She shared her journey to create the money remittance and gifting solution and why she felt it was important to launch a remittance service that gives Africans a better and more affordable experience.

"Today when people think about remittance the only function that they think about is money. It has kind of skewed the relationship that the African in the diaspora has with home where it becomes incredibly transactional," she said.

"How can we present a solution that helps the African in the diaspora to maintain their connections with home using a service that doesn't feel exploitative or exorbitant?"

What makes Sendsprint unique is it offers a $5 flat fee for all transfers – rather than the traditional percentage-based fee of most remittance services. It also has a gifting service where people can send "in-kind remittance" to loved ones in the form of a gift card for things like groceries, healthcare or even school fees.

The team delves into why cross-border transfer services are usually so expensive and how African fintechs are trying to change that.

We also discuss the complex regulatory environment that payment startups have to navigate, and Busari talks about being a female founder and the positive changes she has seen over the past three years when it comes to increasing the spotlight on female founders.

Coming up in season two of the podcast we will be speaking to more startup founders and interesting personalities in Africa's tech ecosystem. Stay tuned for monthly episodes.

If you want to catch up on previous episodes from both seasons one and two, you can find the podcast on Apple Podcasts; Spotify; Google Podcasts or find other podcast platform options on our main page on Anchor.

You can also find the podcast hosts online here:

Paula Gilbert (@paulajgilbert)

Tobi Lafinhan (@TobiLafinhan)

Matshepo Sehloho (@tsokamatshepo)

Related posts:

— Paula Gilbert, Editor, Connecting Africa

Innovation hub


Orange Ventures, Digital Africa promise more funding for startups

Orange Ventures and Digital Africa are teaming up to invest more in tech startups in Africa and the Middle East through Digital Africa's Fuz program and the Orange Digital Center network.


Hot startup of the month: Rwanda's Ampersand

Connecting Africa's hot startup this month is Rwanda's Ampersand, which designs, builds, and manufactures electric motorcycles and battery packs for motorcycle taxis.

More Innovation hub

Latest video

More videos

Partner perspectives

All Partner Perspectives

Sponsored video

More videos

Follow us on X

Industry announcements

More Industry announcements

Upcoming events

Africa Tech Festival 2024
November 11-14, 2024
Cape Town, South Africa
More Upcoming events

Africa Tech Perspectives


Uber's Marjorie Saint-Lot on inclusion and sustainability in Africa

Uber's Country Manager for Ghana and Cote d'Ivoire, Marjorie Saint-Lot, shares how the ride-hailing company is approaching public-private partnerships, environmentally friendly initiatives and gender inclusion in Africa.


The 100 most influential African leaders in 2023

A new report from Africa Tech Festival and Connecting Africa puts a spotlight on the top 100 African leaders in the telecoms and technology sector in 2023.


Deep dive into East Africa's tech startup ecosystem

New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.

More Africa Tech perspectives

Guest Perspectives


Omdia View: April 2024

By Omdia Analysts

April 2024's telecoms highlights in the Middle East and Africa included a license for Starlink in Ghana, new mobile termination rates in Ethiopia, and 6G trials in Bahrain – that and more in the latest Omdia View.


Leveraging agritech to build resilience against climate change

By Francis Hook

ICT analyst Francis Hook discusses agritech in Africa and how the agricultural sector is using technology to build resilience against the negative effects of climate change and to ensure food security.

More Guest Perspectives

Like us on Facebook

Newsletter Sign Up

Sign Up
Tag id test-002