Mike Quinn was co-founder and CEO of one Africa's earliest major financial technology (FinTech) companies, Zoona. He raised over 35 million dollars of international investment for this Zambian startup - before its heartbreaking crash and Mike's exit from the company.
In the conversation today, Mike shares how this Canadian engineer first came to Africa as a volunteer with Engineers Without Borders. Through early connections and personal initiative, he then found himself leading a Zambian mobile money company. In just a few years, Mike grew Zoona to a company that served millions of unbanked consumers in Zambia and Malawi. But that all changed when their Series C round of financing fell through at the last minute.
This is a classic David vs. Goliath story. Mike and his co-founders were a group of young, ambitious techies who wanted to make life easier for millions of Zambians. To do this, this small company needed to go head-to-head with billion-dollar international phone companies.
The craziest part? They almost won.
All of this and more is covered in Mike's book, Failing to Win, available worldwide through Amazon.
You can also access the show notes at https://AidEvolved.com or connect with us on Twitter @AidEvolved.
Throwback: David vs. Goliath with Mike Quinn of Zoona