Interview: Ovex CEO Jonathan Ovadia

Loading player...
In this episode of the podcast, Jonathan Ovadia, co-founder and CEO of Ovex, a relatively new cryptocurrency exchange based in Cape Town, joins Duncan McLeod for a discussion on the crypto market.
Ovex, which enjoys the backing of Civic founder Vinny Lingham and Bitcoin Foundation executive director Llew Claasen, among others, wants to bring down the cost differential associated with buying crypto coins on South African exchanges relative to their international counterparts.
Ovadia explains how Ovex got its start, how it was funded, its relationship with TrustToken in the US - which launched a "stablecoin" called TrueUSD - and its plans to launch an index fund token in the coming months.
He also talks about why altcoins - coins that aren't bitcoin - deserve more attention, why Facebook's libra could be a game changer for the crypto market and how Ovex secures the funds of its investors.
It's a great discussion - don't miss it!
14 Aug 2019 English South Africa Technology · Business

Other recent episodes

TCS+ | Arctic Wolf on cybersecurity in the age of AI

What does it really take to defend a business in an era of AI-driven attacks? In this episode of TechCentral’s TCS+ ,Clare Loveridge, vice president and GM for Europe, Middle East and Africa (Emea), and Johnny Ellis, senior director of Emea channel sales, both at Arctic Wolf, go beyond the…
25 Aug 33 min

TCS | The story behind Nedbank’s R1.65-billion iKhokha deal

Nedbank announced last week that it was acquiring Durban-based fintech iKhokha in a R1.65-billion deal that could signal the start of further consolidation in the payments industry in South Africa. Nedbank described the deal as a “significant milestone” in its strategy to target small and medium enterprises. iKhokha co-founder and…
22 Aug 26 min

TCS+ | Kinetic Skunk: fintechs risk cloud bill shock without proper planning

Fintechs choose cloud technologies in the hopes that the efficiency and scalability of cloud computing will give them a competitive advantage. But cloud adoption is no silver bullet. If done incorrectly, a migration to the cloud can cause costs to balloon instead of decreasing them, leading to frustration and even…
21 Aug 37 min

TCS | Alan Knott-Craig unveils Fibertime’s big bet on township fibre

Alan Knott-Craig’s new fibre internet business has been flying below the radar for some time now, but the serial telecommunications entrepreneur has finally unpacked his plans for the business. Speaking to the TechCentral Show this week, Knott-Craig – who has led a range of well-known tech businesses, including Mxit, World…
15 Aug 22 min

TCS | Pick n Pay’s Enrico Ferigolli on building asap! and taking on Shoprite

Although Shoprite Group stole a march on many of South Africa’s retailers in on-demand online grocery delivery during the Covid-19 lockdowns, Pick n Pay has a clear plan to make up lost ground and compete aggressively for market share. Enrico Ferigolli, who co-founded the liquor delivery app Bottles – which…
14 Aug 49 min