Ep 45: How Fintech is Changing the Landscape of Venture Capital with Viola Llewellyn
Based in Chevy Chase, Maryland, Ovamba matches global investors to qualified African Small and Medium Sized Enterprises who need short term funding. Ovamba is backed by Crowdcredit in Japan, Courtyard Capital in the UK, and GLI in Guernsey who themselves are backed by Blackrock Global, AXA Investment Managers, and Barclays Wealth.
Average size investments in businesses across Ovamba’s portfolio is around $50,000, with as little as $3,000 all the way up to $500,000 invested. The success rate of the companies Ovamba works with is 98%, delivering between a 13 and 18 percent return on investment.
In this episode, we discussed:
- the role of financial technology (“fintech”) in helping Africa-based business access capital.
- how to cultivate a mindset that will help you overcome obstacles in your career.
Four Hour Workweek by Tim Ferriss
The Storytelling Book by Anthony Tasgal