Emerging Markets • Fintech • Investment

    Unlocking the Future of
    Emerging Markets Fintech

    Insights, Analysis, and Investments from an emerging markets fintech investor. Research and Interviews with Industry leaders in emerging markets.

    Latest Episode

    Execution Over Hype

    Building a Profitable Neobank - with Nika Kurdiani, CEO of TBC Uzbekistan

    Publications

    Research & Insights

    View Archive

    Venture & Africa

    Venture & Africa is a research paper that examines why venture capital is economically relevant in African markets and under which conditions it contributes to growth. It analyses venture as a financing mechanism for productivity gains, financial deepening, and firm formation, distinguishing where it accelerates real economic output from where it merely reallocates risk, and grounds the argument in capital efficiency, market structure, and institutional constraints.

    November 2024
    13 pages
    Read Paper

    Stablecoins. Stablecoins. Stablecoins.

    This paper critically examines stablecoins as a proposed financial infrastructure, testing their claims against balance-sheet reality, monetary sovereignty, and systemic risk. It analyses where stablecoins fail to improve capital allocation or payment efficiency, how they repackage existing FX and liquidity risks, and why their economic impact is often overstated relative to their institutional and regulatory costs.

    September 2025
    26 pages
    Read Paper
    Newsletter

    Latest from Substack

    View All
    Loading latest posts...
    Press

    In the Media