Building Venture-Scale Fintech in Africa | Charles Savage, Founder of Easy Equities
What does it really take to scale a fintech from startup to profitability in Africa โ and do it publicly listed? In this Founders Series interview, Colin Iles sits down with Charles Savage, CEO of Purple Group and founder of Easy Equities, for a wide-ranging conversation on the journey from near-collapse to R90 billion in assets on platform, 1.2 million customers, and a business that's now generating R100 million in free cash flow. Topics covered: ๐น The state of Easy Equities โ How the business hit its inflection point, what "Goldilocks" macro conditions look like for a South African fintech, and why profitability signals a step change in velocity. ๐น ZARU Stablecoin launch โ Breaking news from the day: Easy Equities' founding partnership with Luno, Sanlam and Lasaka to launch South Africa's first institutionally backed rand-pegged stablecoin. Charles explains how it works, why it matters, and what it means for remittances, payments and the future of capital markets. ๐น Competition & Revolut's arrival โ Why Charles welcomes global competitors into the South African market and what their entry signals about the opportunity. ๐น Spectacular failure & resilience โ The story of Purple Group's near-death in 2008, taking the business into administration, and how that experience shaped the culture of innovation, speed and discipline that defines Easy Equities today. ๐น Funding a startup on the JSE โ The unconventional path of building a high-growth fintech inside a listed vehicle, blending private and public capital, and the discipline (and pain) that comes with six-monthly public scrutiny. ๐น Partnerships as strategy โ How humility about your weaknesses drives world-class partnerships with Discovery, Sanlam, Capitec, Satrix and more. ๐น AI as the next decade's accelerant โ Charles's bold thesis: AI will define the next decade the way smartphones defined the last. His target? Turning 250 staff into the output of 750 using AI โ within 12 to 24 months. Plus his predictions on agentic customer engagement, AI-first product development, and the displacement of traditional asset management. ๐น Democratising investment for every South African โ The R1,000-per-child initiative, why tax-free savings accounts are government's greatest gift, and what it would take to fund every newborn's financial future. ๐น Expansion into Kenya, Philippines & beyond โ Where Easy Equities is heading next, why they avoid markets where Robinhood already operates, and the strategy of being found by larger competitors rather than competing head-on. ๐ Presented by Trusted Business Voices | Sponsored by Silicon Overdrive & Amazon Web Services ๐ awsevents.coliniles.com | trustedbusinessvoices.com #Fintech #Africa #EasyEquities #Stablecoin #ZARU #StartupScaleUp #AI #VentureCapital #SouthAfrica #AWS #FoundersSeries

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