From Uganda to Mexico: Asaak's Inspiring Journey Unveiled with Dylan Terrill

Dive into the heart of strategic innovation and cross-continental expansion with Dylan Terrill, the visionary Chief Business Officer of Asaak, on the latest episode of Things Have Changed podcast. Asaak, a fintech powerhouse initially taking Uganda by storm, is now making a bold leap into the vibrant markets of Latin America with its recent acquisition of FlexClub Mexico. This episode peels back the layers of Asaak's journey, offering a rare glimpse into the mechanics of startup acquisitions and the strategic maneuvers that drive them.In an engaging narrative, Dylan shares the compelling story of Asaak's evolution from a company addressing the financial void in Uganda by providing loans for motorcycles and smartphones to an ambitious entity setting its sights on Mexico's vast unbanked population. With over 300,000 active Uber drivers and a smartphone penetration of 93%, yet with less than half the adult population banked, Mexico presents a fertile ground for Asaak's mission-driven approach. The episode is peppered with intriguing data points, such as the staggering absence of usury laws in Mexico, offering a unique opportunity for Asaak to introduce fair and ethical financial services in contrast to the predatory lending rates that currently plague the market.Listeners will be captivated by Dylan's candid reflections on the lessons learned in Uganda and how these experiences are shaping Asaak's strategies in Mexico. From tackling the challenges of a cash-based economy to fostering financial inclusion and stability through innovative lending models, this episode is a treasure trove of insights for anyone interested in the dynamic interplay between fintech innovation and socio-economic empowerment. Join us on Things Have Changed for a deep dive into Asaak's groundbreaking journey and the visionary leadership steering it into new frontiers.Support the showThings Have Changed