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Hayden Simmons - Emerging Market Fintech and Biz Development #81

Develomentor

English - August 14, 2020 08:00 - 42 minutes - 28.9 MB - ★★★★★ - 30 ratings
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Welcome to another episode of Develomentor. Today's guest is Hayden Simmons

Hayden has been working in emerging market fintech for most of his career. He graduated from Colorado College in 2007, with an Economic Development major and Spanish minor, having written his thesis on the impact of collectivized remittances in rural Mexico. He spent the early part of his career on the non-profit side, connecting venture-backed remittance startups with immigrant communities for product-market fit testing.

Hayden later spent 4 years at Juvo, managing strategic partnerships across LatAm, Africa and Southeast Asia. He then helped Migo expand from Nigeria into Latin America. 

Currently, Hayden is working on a variety of strategy and BD projects supporting Facebook’s global blockchain-powered mobile money project (Libra).

He is actively advising a number of early-stage African fintechs, is a fledgling angel investor, and recently joined Lateral Capital as a Venture Partner. In his spare time, he enjoys rock climbing, guitar and tending to his agave farm.

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Quotes

“The people you are trying to serve might have a smart phone, but maybe it has no balance. And they may be a dozen miles from the nearest ATM. That backdrop gets people that are interested in emerging markets very excited. How do you piece together all of these challenges to bring financial services to the last mile of consumers?“

“When you’re young and have the time, seek out adventures and take risks and have as many interesting experiences as possible because its all going to be valuable.”

“For emerging markets there’s nothing that can replace on the ground experience and understanding people and the products and the landscape. Just studying in your MBA is a fraction of the value you get from spending a month on the ground.”

—Hayden Simmons

Additional Resources

Learn more about Libra, Facebook’s blockchain powered digital currency – https://en.wikipedia.org/wiki/Libra_(digital_currency)

Learn more about One Million Advisors – https://nextbillion.net/

You can find more resources in the show notes
To learn more about our podcast go to https://develomentor.com/
To listen to previous episodes go to https://develomentor.com/blog/

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