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

TCS | Donovan Marsh on AI and the future of filmmaking

Award-winning South African film director Donovan Marsh has pivoted to artificial intelligence filmmaking and believes generative AI tools could fundamentally reshape how movies are made – and who gets to make them. Marsh, whose 30-year career includes directing the Hollywood submarine thriller Hunter Killer starring Gerard Butler and Gary Oldman,…
7 Apr 52 min

TCS+ | Vodacom Business moves to crack the SME tech gap

Everyone agrees that small and medium enterprises are the backbone of the South African economy. But the reality on the ground tells a different story – too many small businesses are still running on spreadsheets and WhatsApp, locked out of the tools that could help them compete. In this episode…
5 Apr 34 min

TCS | MTN’s Divyesh Joshi on the strategy behind Pi

MTN South Africa has launched Pi, a digital-only mobile operator that runs on MTN’s network but operates as a standalone brand, offering contract-free mobile and home 5G connectivity through a single app, with no call centres, no credit checks and no lock-in. In this episode of the TechCentral Show, TechCentral…
1 Apr 21 min

TCS | Anoosh Rooplal on the Post Office’s last stand

The South African Post Office has been in business rescue – a form of bankruptcy protection – since July 2023. Business rescue practitioners Anoosh Rooplal and Juanito Damons have made it clear to parliament that the entity will not survive liquidation unless a R3.8-billion bailout is received soon. With some…
27 Mar 27 min

Meet the CIO | Healthbridge CTO Anton Fatti on the future of digital health

Anton Fatti, chief technology officer of HealthBridge, says the doctor-patient relationship must remain at the centre of digital transformation in healthcare, even as AI reshapes how medical practices operate. Speaking on TechCentral’s Meet the CIO podcast series, brought to you by NTT DATA, Fatti said AI and cloud computing are…
23 Mar 45 min