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+ | A smarter approach to cloud for South African businesses

South African businesses are spending millions on cloud – and many have very little to show for it. That is the uncomfortable starting point for this episode of TCS+, in which Nkosinathi Ndlovu speaks to Joel Chacko, executive head of department for cloud services at Vodacom Business, and Jonathan Oaker,…
28 Jul 21 min

TCS | How Optasia lends billions to people banks can’t see

Optasia is on target to distribute more than US$6-billion in credit across its markets in 2026 – and it carries every cent of the default risk itself. In this episode of the TechCentral Show, CEO Salvador Anglada unpacks how the JSE’s biggest recent fintech listing actually works. Formerly known as…
23 Jul 25 min

Everything you wanted to know about EVs but were afraid to ask

In the latest episode of Watts & Wheels with Wills, host William Kelly is joined in the studio by Greg Cress, automotive and e-mobility industry lead at Accenture South Africa, and Gary Scott of Scottify -- two of the longest-serving voices in South Africa's electric vehicle scene, and co-authors of…
22 Jul 19 min

Watts & Wheels with Wills: The rands-and-cents case for electric trucks

Aeversa’s John Ford unpacks the rands-and-cents case for electric trucks in this first of a new interview series. TechCentral is proud to present the first episode of Watts & Wheels with Wills, our new interview show about electric vehicles and the fast-changing world of e-mobility in South Africa. In the…
20 Jul 22 min

Watts & Wheels S1E7: 'Ferrari's EV breaks the internet'

Episode 7 of Watts & Wheels – TechCentral's electric motoring show – opens with mock outrage: the South African Car of the Year results are in, and the Alfa Romeo Junior didn't take the overall title. Hosts William Kelly and Duncan McLeod demand a recount – though they concede the…
8 Jul 1 hr 05 min