the Founder Files

Scaling a High-Volume, High-Impact Fintech Business - Mark Collie, Airvantage

Season 5 Episode 5

In this episode, we chat with Mark Collie, the co-founder of Airvantage.

Expect to learn what they were able to unlock with alternative credit scoring with mobile network operators and their consumers, how to run effective exco & management meetings, how to build a high-performance culture with almost zero employee turnover and more!

We also get into a macro-level view of Africa’s digital & financial evolution, organizational design, strategy, and execution management.

This episode is filled with practical insights that any founder can use. Enjoy!

Too Long; Didn't Listen? Here's what to look for:

00:00 Introduction
02:44 What is Airvantage?
10:08 How to Achieve a High Uptime
14:17 Why Can’t Your Customers Just Do It Themselves
18:07 Play Where The Market is Going, Not Where The Cash is Right Now
23:18 What Airvantage Can Do for Digital Inclusion
29:54 Why We Started The Founder Files
32:03 Mark’s Involvement in Driving Entrepreneurship in the School Curriculum
39:23 Creating a Start-up Within Airvantage
47:50 Appointing a CEO for the Core Business
52:53 How Does the Structure of the Business Work Now?
57:14 Learnings From Transitioning Leadership
01:11:32 How Airvantage Created a Culture That is Attractive for People to Work at
01:16:58 Mark’s Biggest Entrepreneurship Lessons
01:21:56 Why Start a Company in South Africa?
01:25:32 Conclusion

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