South African digital bank Bettr nears launch: An interview with the founders

Loading player...
South Africa will soon have a new "digital bank" in the form of Bettr, a fintech start-up that has been working on building a "new challenger" in the country's finance sector that promises to offer a "better alternative".
In this episode of the podcast, TechCentral's Duncan McLeod interviews Bettr co-founders Tobie van Zyl (CEO) and Andrzej Stempowski (chief technology officer) to find out more about their plans, how the idea to build the bank came about, why it's specifically targeting the youth (millennials and Generation Z) and how hyperscale cloud service providers have made launching a bank in 2020 to challenge the big incumbents much easier than in the past (Bettr is using Amazon Web Services).
Van Zyl and Stempowski explain what it is that Bettr will and won't offer, what consumers can expect and how the company plans to drive better financial decision making.
The bank will offer not only accounts tailored for individuals, but also for small and medium enterprises as it is hoping to attract entrepreneurially minded people and then grow with them as their needs adapt.
It's a fascinating discussion about a sector ripe for disruption and a company that hopes to do the disrupting. Don't miss the podcast!
1 Oct 2020 English South Africa Technology · Business

Other recent episodes

Meet the CIO | Inside the JSE’s tech engine with CIO Tebalo Tsoaeli

Technology sits at the heart of modern capital markets, and nowhere is that more evident than at the JSE. In the latest episode of Meet the CIO, TechCentral editor Duncan McLeod sits down with Tebalo Tsoaeli, the bourse’s CIO, to unpack how technology underpins Africa’s largest stock exchange – and…
2 Feb 47 min

TCS+ | Cloud On Demand and Consnet: inside a real-world AWS partner success story

The cloud revolution has challenged businesses of all sizes by changing how IT teams go about implementing projects and managing infrastructure. IT service firms have been doubly challenged, having to sell a new computing paradigm to their clients while also practising what they preach and adopting cloud-first technologies in-house. Consnet…
30 Jan 25 min

Watts & Wheels S1E3: ‘BYD’s Corolla Cross challenger’

TechCentral’s electric car show Watts & Wheels is back for episode 3 of season 1, and while EVs remain the focus, the conversation takes a detour into something far less planet-friendly – and far more jaw-dropping. Duncan McLeod and co-host William Kelly kick off by drooling over a wild new…
30 Jan 36 min

Watts & Wheels S1E2: ‘China attacks, BMW digs in, Toyota’s sublime supercar’

Chinese car makers continue their rapid push into the South African market, raising uncomfortable questions for incumbents. With aggressive pricing, fast product cycles and increasingly polished vehicles, the competitive landscape is shifting faster than many expected. There is also an update on Stellantis’s manufacturing plans and what they could mean…
23 Jan 38 min