EP8 Saving Time & Money With Fintech Payment Solutions | Imad Gharazeddine, Co-Founder & CEO of Mamo Artwork

The Change Officer: Future of Financial Services

If change is the only constant, we need to understand how our industries are evolving, and how we can be a part of the transformation that is taking place. In this series, we deep-dive into some of the hottest and most pivotal topics in the financial services industry right now, including personalisation in financial services, embedded financial services and the mobile payment revolution. To gain an informed and accurate perspective, we speak to innovative individuals from banking institutions, insurance carriers, retailers, regulatory bodies and fintechs who are spearheading change in their industries.

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The Change Officer: Future of Financial Services

EP8 Saving Time & Money With Fintech Payment Solutions | Imad Gharazeddine, Co-Founder & CEO of Mamo

September 23, 2022 • Vuk Zlatarov • Season 1 • Episode 8

A report by the MENA Fintech Association found that the region has historically been inclined to cling to cash payments, and the banking sector has been slower to adapt. Despite this, the report also concluded that 7 out of 10 payment transactions in the Middle East will be non-cash in 2023, with the UAE more specifically likely to account for 73 percent of payments in 2023.

Bold and innovative fintech companies like Mamo are part of the driving force behind this change. In this episode of The Future of Financial Services brought to you by HolyWally, we spoke to Imad Gharazeddine, the Co-Founder and CEO of Mamo. Before starting the fintech, Imad spent 8 years with Google.

Vuk and Imad dived into the factors contributing to the MENA region still having a largely cash-based economy, as well as the hidden costs of operating this way. They also explored how Mamo is empowering individuals and businesses to effortlessly access their money, and Imad's take on where the greatest opportunities lie in the financial services industry.

In this episode, get the answer to crucial questions, such as:

Why does the MENA region still operate as a cash-based economy?
What was the initial premise behind starting Mamo?
What challenges did Imad need to overcome to provide a solution to the problems faced by potential customers?
What are the most pressing pain points that need to be solved in the region when it comes to the financial services sector?
Where does the biggest opportunity in the financial services sector lie?

Find Mamo online: https://www.mamopay.com
Find Imad online: https://www.linkedin.com/in/imadgharazeddine/

The Change Officer Podcast's Future of Financial Services Series is brought to you by HolyWally, the world’s first wallet-as-a-service platform. To find out how HolyWally can help you create a mobile wallet to increase your revenue and reduce your time to market, visit their website: https://www.holywally.com

🎬 This episode is produced by Poddster, an end-to-end video podcast production company that helps businesses conceptualize, produce, manage, and grow podcasts for their brand. Click this link to book a free consultation with Poddster's team or rent a studio: poddster.com/book-free-consultation/

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✨ They say that change is the only constant. If this is true, we want to know what is the change ahead. To get the answers, our hosts Ivan Zeljkovic and Vuk Zlatarov are talking to the change-makers themselves. We invite you to join us on the journey of getting the answer ✨

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People on this episode

Vuk Zlatarov

Host