00:26:27 Raj Kulasingam: Hello everyone!! 00:26:36 Lucia Brawley: Hi Raj! 00:26:36 Derrick Ashong: Hey Raj! 00:26:45 Derrick Ashong: Great to see everyone! :) 00:26:52 Raj Kulasingam: not seen you for ages Derrick 00:27:00 Derrick Ashong: LOL 00:27:02 Lucia Brawley: Lol - 2 whole minutes! 00:27:05 Derrick Ashong: You know you're not funny right? 00:27:24 Saheed Yemi Awojide: My 1st time here Saheed Yemi Awojide …am excited to be here and hoping to pitch in the future 00:28:17 Saheed Yemi Awojide: Am joining from Canada but I have start up in Nigeria 00:28:39 Steven Freidmutter: Hi All ... from Ithaca, NY. Cheering for Derrick during this session. 00:28:47 Find The Nest: Welcome everyone on today’s edition of The Nest !! 00:29:01 Find The Nest: Jim Chu https://www.linkedin.com/in/jchu45 https://www.untapped-inc.com/ 00:29:07 Jonathan Caldwell: Jonathan Caldwell joining from Nairobi! 00:29:35 Baratunde Thurston: I got another Zoom but wanted to pop in and send some love to the Amp team 00:29:42 Find The Nest: please feel free to introduce yourself 00:29:47 Derrick Ashong: Thanks Baratunde!! 00:29:53 Derrick Ashong: Great to see you! :) 00:30:40 Zachariah George: Greetings everyone! Zach George from Startupbootcamp Africa and Launch Africa Ventures. www.linkedin.com/in/zachariahgeorge 00:30:57 Zachariah George: http://www.linkedin.com/in/zachariahgeorge 00:31:09 Zachariah George: http://www.launchafrica.vc 00:31:18 Saheed Yemi Awojide: https://www.linkedin.com/in/saheed-yemi-awojide-pmp-itil-333b6917/ 00:31:21 Find The Nest: Kiendel Burritt https://www.linkedin.com/in/kiendel-burritt-99981410/ 00:32:39 Find The Nest: Ik Kanu https://www.linkedin.com/in/ik-kanu-3027b3/ 00:33:36 Eric Stinehart: Eric Stinehart, greetings from California USA interested in investment in Africa - happy to connect https://www.linkedin.com/in/eric-stinehart-65381012b/ 00:34:44 Find The Nest: Welcome everyone ! 00:35:13 Find The Nest: Founder: Derrick Ashong https://www.linkedin.com/in/dnatv/ 00:36:27 Themba Sithole: Themba Sithole, Progas Zambia, focusing on delivery of prepaid LP gas solutions 00:38:33 Find The Nest: thanks everyone for introducing yourself :) 00:38:46 Saheed Yemi Awojide: My startup company : www.innocravesolutions.com our passion is to leverage on technology to create solutions for Challenges in Nigeria and Africa at large 00:39:50 Find The Nest: thanks saheed for sharing, would you be interesting to participate at the Nest ? 00:40:01 Saheed Yemi Awojide: Yes 00:40:36 Yonis hassan: yonis a. Vikali Inc - SaaS sme pipe solution in closed loop now. https://ke.linkedin.com › yonis-a-m... Web results Yonis A. Mohamed - Founder - Stealth Mode Startup Company | LinkedIn 00:40:53 Find The Nest: Thanks for the presentation ! 00:41:03 Lucia Brawley: I like that - Content is Queen! 00:41:05 Saheed Yemi Awojide: I would be watching the Nest ahead of my pitch 00:41:15 Kyane Kassiri: Great energy from the founder! love it 00:41:32 Lucia Brawley: Agree with you, Kyane! 00:41:41 Find The Nest: feel free to ask question on the chat 00:41:53 Saheed Yemi Awojide: cool 00:42:10 Maureen: Maureen here. Run an impact studio focused on co-creating digital solutions for the African market across ag, health and financial inclusion. 00:42:11 Saheed Yemi Awojide: @Ik Kanu sent u an linkedin invite 00:42:38 Eric Stinehart: Thanks for the presentation! Why did you decide to pilot in Mauritius and where do you plan to expand afterwards on the continent? 00:42:42 Find The Nest: shaheed you can send us application on our Whatsapp au +1 (515) 417-1452 00:43:36 Judith Aidoo: Hello from Judith Aidoo-Saltus, based in Bermuda and Ghana; impact investor with a focus on culture and entertainment; judith1674@gmail.com; Judith Aidoo-Saltus on linkedin 00:44:05 Saheed Yemi Awojide: Question: Would internet penetration by end users not be a challenge? 00:44:13 Eric Stinehart: That’s a lot of places! Nice, good luck :) 00:44:21 William Green: Great presentation Derrick. Brining the power back to the content artists. Mitigating risk by diversification across 3 revenue sources. 00:44:50 Find The Nest: thanks Judiths, We will get in touched with you ! 00:45:02 Athman Ali: Why Rwanda? The market size here is not that large for something like this. Have you engaged and got feedback from the regulatory officials here, what’s the feedback? 00:45:16 Geetha Tharmaratnam: Thanks Derrick. Funding of music/ talent in Africa has been serendipitous. We know there is so much more talent than money that finds it. What do you see as the company's potential impact on the Continent? 00:46:04 Ibrahim Sagna: greetings every one, Ibrahim Sagna from Afreximbank. daytime investment banker, nightime a seed and angel investor 00:46:27 Saheed Yemi Awojide: @Eric I agree that is a lot of location 00:46:31 Find The Nest: Hey Ibrahim, thanks for joining ! 00:46:53 Rock Mue: Derrick you said you raise funding ? why are you looking for funding again and how are you going to spend that money ? 00:47:17 Nick Rameau: This sounds sooo interesting. 00:47:20 Find The Nest: would you be interested in joining the nest as angel Ibrahim ? 00:47:28 Saheed Yemi Awojide: Question: Are you starting at all the locations or focusing on specific market and then grow to other markets 00:47:35 Ibrahim Sagna: derrick is a rock star, he delivers, solid vision, compelling offer, his team are a collection of gems 00:48:23 Find The Nest: Love the energy of Derrick ! 00:48:26 Ibrahim Sagna: disclosure ...am an already invested in Amp. 00:48:31 Raj Kulasingam: Whats the future Derrick - where do you see Amp in 2 years and 5 years and beyond. Whats the plans and whats the exit? 00:49:07 Amanda Mosle Friedman: Very cool 00:49:08 Raj Kulasingam: Yes disclosure from me too - investor who led the Africa syndicate which closed in Feb 2020 00:49:13 Jim Chu: Welcome Laurent! 00:49:22 Saheed Yemi Awojide: @find the nest I will submitted my application 00:49:31 Vishal Agarwal: My favorite founder - Derrick Ashong! 00:49:36 Laurent Lamothe: Thank you very much 00:49:37 Rafferty Jackson: HI All - Rafferty Jackson of Jack Industries. I invested in Amp.it through Astia Angels because of my experience as an executive at Beats by Dre and our sale to Apple plus my background in Silicon Valley. Reach out to me if you want to know why this is a compelling investment and a STEAL at this cap. rafferty@jack.industries 415.717.1461 00:49:41 Find The Nest: thanks @saheed 00:50:25 Eric Stinehart: Very interesting concept of data as the transaction value, especially with blockchain incorporation 00:50:52 William Green: With the Jio model of data democratisation and the impact that could happen in Africa. I would look at other customer benefits for the youth that would have a positive impact other than data. 00:51:49 Ibrahim Sagna: Amp is an amazing opportunity, and the team is full of life, wit, and buzz. any one wants to ask questions on Amp let me know, pls send me details on my personal mail ibrahimsagna@outlook.com 00:52:11 Jim Chu: Ibrahim are you an investor already? 00:52:18 Zachariah George: Derrick - How do you get early ‘sharers’ of artists get incentivised or monetised by being an early fan? Disclaimer - I’m also an early investor in Amp 00:52:19 Ayo DAWODU: Lovely model Derrick! Let's talk on the rewards/loyalty infrastructure. Ayo from Loystar here. Let's connect - https://www.linkedin.com/in/ayodawodu 00:52:21 Ibrahim Sagna: or ask my brother Raj 00:52:29 Raj Kulasingam: I have to agree with Rafferty!!! 00:52:37 Ibrahim Sagna: yes Jim pre Covid :) 00:52:43 Zachariah George: Agree with Rafferty! 00:53:02 Vishal Agarwal: Can anyone on here help get Amp a partnership with Jio? 00:53:56 Find The Nest: has anyone a connection from Jio ? 00:54:17 Find The Nest: https://www.jio.com/welcome 00:54:51 Raj Kulasingam: Derrrick what about impact in Africa - see Geetha question 00:55:03 Raj Kulasingam: actually impact anywhere 00:55:08 Ayo DAWODU: Love how deep in the tech he is 00:56:13 Raj Kulasingam: WIth all due respect!!! LOl 00:57:10 Yonis hassan: this is some impressive partnership synergy. 00:58:21 Yonis hassan: how does one invest in? 00:59:24 Saheed Yemi Awojide: hahahahahaha 00:59:26 Saheed Yemi Awojide: lol 00:59:28 Rajiv Daya: Hi everyone, Rajiv from Founders Factory Africa. Another great session, wonderful energy so far and look forward to hearing Kingsley continue! 00:59:35 Saheed Yemi Awojide: That is a honest answer 01:02:30 Lucia Brawley: Thanks, @Jim! That's awesome. As a co-founder of AMP Global, I am touched by all the investor support on this call. Appreciate the heartfelt testimonials @Ibrahim @Rafferty @Raj @Visha @Geetha @Zachariah. 01:02:31 Zachariah George: I’d like to look at our Investment Committee at Launch Africa doing a $250k into Amp. 01:02:50 Norbert Dziwornu: Hi Everyone, Norbert from Startup Accra. Great pitch so far 01:02:51 Lucia Brawley: Wow, Zachariah! Thank you. 01:03:23 Jim Chu: Fabulous, Zach! 01:03:49 Ulrich Mabou: Can anyone please share a link to AMP’s website? Can’t seem to find it 01:04:06 Rock Mue: https://poweredby.amp.it/ 01:04:14 Ulrich Mabou: Thanks 01:05:16 Saheed Yemi Awojide: lol 01:06:05 Saheed Yemi Awojide: Great presentation 01:06:13 Jessica Colaco: Well done Derrick 01:06:15 Beth Andrus: I have to jump off. Derrick, you killed it as usual. Bye, everyone. 01:06:48 Ayo DAWODU: Nice one ✨ 01:07:24 Rafferty Jackson: Due diligence is easy for Amp - they have a strong data room 01:07:24 Lucia Brawley: Thanks, @Beth! 01:07:33 Judith Aidoo: Great presentation, DNA! 01:07:39 Lucia Brawley: Yes, I can testify that the royalties are not paying the bills. LOL! 01:07:41 Daniel Nolan: Amazing! Congrats Derrick! 01:07:48 Find The Nest: KudiGO Founder: Kingsley Abrokwah https://www.linkedin.com/in/sirkingsley/ KudiGO website https://www.kudigo.com/ 01:07:49 Derrick Ashong: Thanks Everyone!! 01:07:52 Lucia Brawley: Thanks to you, @Rafferty! 01:07:53 Hangwi: Fantastic Derrick 🙌🏾🙌🏾🙌🏾 01:07:59 Steven Freidmutter: Fabulous . Amp Global and Derrick. 01:08:07 Derrick Ashong: Really appreciate the support!! :) 01:08:29 Imran Said: All the best Kingsley 01:08:37 Imran Said: Don't compare yourself to no one 01:08:57 Rock Mue: share fully your screen 01:09:15 Maureen: please blow up the slides 01:09:38 Ayo DAWODU: presenter view 01:09:48 Saheed Yemi Awojide: U got it now 01:09:57 Ayo DAWODU: you good now 01:10:05 Lucia Brawley: That is so sweet! 01:12:45 Rafferty Jackson: Great job listening to your customers. I remained shocked how many companies ignore the customer and keep shoving “solutions” at them. 01:13:54 Raj Dass: Btw you don’t just invest in Amp, you join a family. 01:15:22 Lundie Strom: 👏🏼👏🏼👏🏼👏🏼 01:15:25 Maureen Maina: Great presentation 01:15:27 Clifford Bruce Nartey-Tokoli: Fascinating 01:15:30 Saheed Yemi Awojide: Great job 01:15:34 Athman Ali: Jim: would like to ask a question after the Angels. 01:15:40 Find The Nest: thanks for your presentation ! great one ! 01:15:40 Rafferty Jackson: Great presentation! 01:15:54 Judith Aidoo: Kingsley, well done. How do you collaborate with ExpressPay if at all? 01:17:22 Judith Aidoo: 2. Have you looked at getting a NBFI license so you cal lend to the retailers> 01:18:09 Maureen Maina: Are you looking into partnering with a financial lender to offer credit solution for BOP stores? 01:18:27 Yonis hassan: Kingsley by digitalization I am assuming this is sort of digital ledger or something else? If ledger alone, how immuned are you for client acquisitions? Don't you l 01:18:41 Yonis hassan: always depend on mnos to deliver 01:19:31 Rock Mue: KudiGo with all funding you have already received, have you reached profitability ? 01:20:07 Raj Kulasingam: BUt how do you get market research on your customers 01:23:46 Saheed Yemi Awojide: Interesting 01:24:43 Raj Kulasingam: good questions 01:26:49 Raj Kulasingam: Kingsley am sure you know https://survey54.com/ that helps retailers get market research data in emerging markets - the founder is Ghanaian Stephan Eyeson 01:26:54 Saheed Yemi Awojide: Very true 01:27:04 Rock Mue: l think the market is too early for your solution, you may get customers but you need to give them education. Most of customers don't even know what is data and what data can do. 01:27:08 Saheed Yemi Awojide: The credit score is a big changer 01:27:17 Ayo DAWODU: well..will the bank still give the devices for free? 01:28:56 Raj Kulasingam: Good answers and good presentation 01:29:10 Derrick Ashong: Brilliant answer 01:29:12 Lucia Brawley: I am impressed with your area expertise and your passion, Kingsley. 01:29:25 Find The Nest: a true passionate entrepreneur ! 01:29:32 Derrick Ashong: a 01:29:32 Rock Mue: What a really want to know is : With all supports you received and funding what is your financial traction ? Have you reached profitability ? 01:29:40 Maureen Maina: In Ghana how many active customers are using the solution in a monthly basis? 01:29:41 Derrick Ashong: And he knows the industry inside out 01:29:43 Kyra Barker: Excellent points Kingsley 👏🏾 01:30:28 Lucky Dogbey: Great points Kingsley 01:30:31 Derrick Ashong: The ongoing market feedback they're getting is a huge factor in succeeding 01:31:00 Raj Kulasingam: can you put up the ask slide 01:31:09 Ayo DAWODU: Smart answers, well done Kingsley. 01:31:36 Lucia Brawley: Great partnership traction, Kingsley. 01:32:03 Raj Kulasingam: partnerships and BtB is the way to go in africa 01:32:10 Saheed Yemi Awojide: Question: How do u track the inventory retailers to mitigate fraud on the retailer end 01:32:55 Yonis hassan: unique approach. 01:33:06 Saheed Yemi Awojide: Great question 01:33:28 Rock Mue: https://www.interswitchgroup.com/ l have checked There are not in Togo and Benin …..or which interswitch company are you talking about ? 01:36:07 Saheed Yemi Awojide: Education 01:36:20 Lucia Brawley: WOW 01:36:28 Derrick Ashong: That's the power of user feedback 01:36:30 Raj Kulasingam: WHats your monthly customer growth rate 01:36:39 WNsofor: interesting 01:37:19 Saheed Yemi Awojide: I wish I have money to invest but I can support @kingsley 01:37:36 Rock Mue: Yes you are processing 40.000 transactions but that is not the most important. The real question is how much are you making from that 40.000 transaction 01:37:39 Allen Wang: Nice explanations 01:37:55 Joshua Powe: Very clever approach to limit available functionality and build capacity first. 01:38:03 Raj Kulasingam: Please put up the ask slide 01:40:05 Jonathan Gramling: thanks so much Derrick and Kingsley amazing presentations! I have to take another call but so happy to witness 01:41:56 Lucia Brawley: Agreed! 01:42:11 Kyra Barker: This was definitely one of the best episodes of The Nest thus far. Excellent presentations and Q&A sessions by both Kingsley and Derrick. Great companies with very compelling use cases. 👏🏾 01:42:19 Ayo DAWODU: Great show as always. Well done Kingsley. 01:42:27 Lucky Dogbey: Well done kingsley 01:42:29 Ayo DAWODU: True Kyra! 01:42:36 Sophie Masipa: well done Kingsley 01:42:41 Judith Aidoo: well done 01:42:49 Nana Ashong: Indeed, well done Kingsley! 01:42:50 Ernest Beukes: Well done to both of you! 01:43:01 Hana Kefela: Very impressed by both your presentations and all the hard work you have done so far! 01:43:01 Rafferty Jackson: This was terrific - I will be joining more! 01:43:03 Lucia Brawley: Great job to the founders. And great job hosting, Jim! Thank you!!! 01:43:03 Find The Nest: thank you everybody 01:43:04 Derrick Ashong: Thanks everyone! 01:43:05 Ibrahim Sagna: well done kingsley 01:43:05 Hangwi: Great work Kingsley 💪🏾 01:43:06 Jorian Wilkins: Great episode! Congrats all! 01:43:06 Find The Nest: see you next week 01:43:07 Michael Mutie: Thanks Jim and team! Great pitches, Derrick and Kingsley! 01:43:07 Yonis hassan: thank you all 01:43:11 Maureen Maina: thank you for hosting 01:43:11 Allen Wang: THANK YOU 01:43:14 Ibrahim Sagna: thanks every one 01:43:15 Find The Nest: great to have you all 01:43:17 Candice Mathews: Great pitches! Thank you! 01:43:24 Rajiv Daya: Thanks Jim! 01:43:27 Folabi Esan: thank you 01:43:31 Folabi Esan: excellent 01:43:31 Ibrahim Sagna: thumbs up Jim 01:43:36 Folabi Esan: wheres wyclef? 01:43:37 Hana Kefela: excellent work being done by The NEST. Thank you Jim 01:43:47 Ayo DAWODU: hahaha 01:43:57 carol: well done Kingsley 01:45:01 Find The Nest: thanks Ayano !! 01:45:07 Find The Nest: best of luck :))) 01:45:28 Find The Nest: Welcome Kyane ! 01:45:28 Ayo DAWODU: Well done Ayano. Thank you