EP48: The FinTech Frontier: Insider’s View Into the Egypt’s Digital Payments Revolution | Dr. Waleed Sadek

Couchonomics with Arjun

In this episode, we explore the burgeoning digital payment landscape in Egypt. The market is seeing rapid growth, driven by new digital platforms, Covid-19's impact on consumer behavior, and supportive regulations.

Meet our guest, Dr. Waleed Sadek, a seasoned entrepreneur and expert in digital financial services. He is the founder and CEO of PaySky and Yalla, leading players in the Middle Eastern and African fintech industry. Dr. Sadek discusses his journey from the world of medicine to the helm of several fintech startups and his vision to democratize the digital payment ecosystem.

Dr. Sadek shares PaySky's two-pronged approach: the Super Payment Gateway powering central banks and retail banks in the Middle East and Africa, and a consumer proposition aiming to disrupt digital banking.

Dr. Sadek introduces Yalla's Super App, an all-in-one ecosystem providing everything from remittances and bill payments to saving schemes and an integrated marketplace.

Other Major Topics Discussed

- The role of blockchain in the payment ecosystem.

- The future of fintech and banking, wherein the experience and services will take precedence over the actual place of money storage.

- The rise of Yalla's Super App and the positive customer reception.
Tune in to listen to Dr. Waleed Sadek's unique perspective on the current digital payment ecosystem, the transformative role of fintech, and the future of banking. It's a deep dive into the digital revolution that is transforming financial services in the Middle East and Africa.

Our website 👉 https://bit.ly/3jk7UH0
Couchonomics with Arjun Season 03 is brought to you by our partners:

• Adyen https://www.adyen.com/
• ToYou https://toyou.io/ar
• Mastercard https://mastercard.com/
• M2P https://m2pfintech.com/
• Thunes https://www.thunes.com/

Find us on our social media platforms:

• Arjun's LinkedIn https://www.linkedin.com/in/arjunvirsingh/
• CCN LinkedIn https://www.linkedin.com/showcase/couchonomics-with-arjun-singh/
• Instagram https://www.instagram.com/couchonomics/
• Twitter https://twitter.com/Arjun_Vir_Singh?s=20
• TikTok https://www.tiktok.com/@couchonomics

Subscribe to Arjun's LinkedIn newsletter, Couchonomics Crunch: https://bit.ly/3WI4A6E

Chapters

1. Teaser (00:00:00)

2. Friends of Couchonomics with Arjun (00:00:51)

3. Introduction (00:03:25)

4. Gaps in the Market (00:08:12)

5. Bells & Whistles (00:16:56)

6. What is SuperApp? (00:28:33)

7. Yalla Beyond Payments (00:38:37)

8. Building Trust (00:46:37)

9. AI & Crypto as Disruptors (00:54:44)

10. Explaining a SuperApp to a 8-12 Year Olds (01:10:46)

11. Conclusion (01:12:10)