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


Hot startup of the month: Pan-African fintech KamaPay

This month's hot startup is pan-African fintech KamaPay, which helps individuals and businesses make cross-border payments on the continent.


Afretec awards $3.3M in grants to African research teams

The African Engineering and Technology Network (Afretec) has awarded grants worth $300,000 each to 11 university research teams across Africa to advance digital technologies.

More Innovation hub

Latest video

More videos

Sponsored video

More videos

Industry announcements

More Industry announcements

Flash poll

All polls

Africa Tech Perspectives


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.


Challenges and opportunities for women's tech careers

A new survey reveals that COVID-19, the cost-of-living crisis, skills shortages and a lack of mentorship have negatively affected women's career development over the past two years.


Survey: Opportunities for Women in Tech

Take our new survey for women across Asia, Europe and Africa looking at the biggest challenges and opportunities for women-led enterprises and trends in tech careers for women.

More AfricaCom perspectives

Upcoming events

London Tech Week
June 13-16, 2023
Queen Elizabeth II Centre, Broad Sanctuary, London SW1P 3EE
Cybertech Africa 2023
August 1-2, 2023
Kigali Convention Center, Kigali, Rwanda
Africa Tech Festival, Home of AfricaCom and AfricaTech
November 13-16, 2023
CTICC, Cape Town
More Upcoming events

Guest Perspectives


Omdia View: February 2023

By Omdia Analysts

In February 2023 key events in the Middle East and Africa included a major Internet project for Africa's underserved by Liquid Intelligent Technologies and Microsoft as well as a 5G launch in Tanzania – that and more in this month's Omdia View.


Omdia View: July 2022

By Omdia Analysts

Kenya and Zambia move towards 5G with new spectrum allocations while Tunisie Telecom plans to shut down its 3G network - that and more in this month's Omdia View.

More Guest Perspectives

Partner perspectives

All Partner Perspectives

Like us on Facebook

Newsletter Sign Up

Sign Up