Ray Youssef believes Paxful is the "Uber for money" crypto platform Africa's been waiting for
Co-founder and CEO of peer-to-peer Bitcoin marketplace Paxful, Ray Youssef, unpacks why Africa is delivering some of his company's most significant business wins.
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Ray Youssef is Co-founder and CEO of Paxful, a US-headquartered peer-to-peer Bitcoin marketplace he dubs the "Uber for money". The platform allows people to swap gift cards, currency and alternative cryptocurrencies (altcoins), all without the need for banks or intermediaries.
In this chat with Andile Masuku - which, incidentally, was taped before Facebook's recent Libra announcement - Ray reveals why Africa is delivering some of his company's most significant business wins and unpacks the thinking behind Paxful's financial literacy initiatives on the continent. Listen in to hear him factor in on what it might take for the cryptocurrency community to win the trust of African policymakers.
Image credit: Dmitry Moraine