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The Global Startup Movement - Startup Ecosystem Leaders, Global Entrepreneurship, and Emerging Market Innovation

Host Andrew Berkowitz interviews startup founders, ecosystem builders, investors, emerging market players, and economic development thought leaders about the startup ecosystems in their cities.
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The Global Startup Movement - Startup Ecosystem Leaders, Global Entrepreneurship, and Emerging Market Innovation
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Feb 5, 2019

Mike Quinn is the CEO of Zoona, A Zambian born money transfer service. Zoona charges money senders between two and eight percent per transaction, with the recipient not being charged for a cash-out. Building money transfer networks across its markets, Zoona targets young women and aims to make on-boarding new agents as female-friendly as possible. Seventy percent of their outlets are owned by women and 85% of those staff are women. The company has over 1000 entrepreneurs running over 1500 outlets, who have created 2500 jobs. Since launching, the company has processed over US$1-billion in transactions with over US $20-million a month in transactions.

On this episode you'll learn:

-What has Mike's experiences been raising all types of capital including venture capital, grant money, and corporate investments

-How similar or different are the Zambian and Malawian markets?

-How does Zoona hedge against the risk of currency value fluctuation?

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