Eddie Ndichu

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Eddie Ndichu
Eddie Ndichu.jpeg
Eddie Ndichu. Image retrieved from CIO East Africa on 23 February, 2021.
Born
Kenya
NationalityKenyan
Alma materMurdoch University
OccupationEntrepreneur
Known forBeing the Co-Founder of WapiPay
WebsiteLinkedIn

Editor: Charissa Cassels

Eddie Ndichu is the CEO and co-Founder of WapiPay.[1] WapiPay is a payments gateway between Africa and Asia. He became the Co-Founder and CEO in January 2020.[2] WapiPay was co-founded by Eddie’s twin brother, Paul Ndichu.[3]

Ndichu is a Venture Partner at Future Hub Africa and has led multiple mobile money integrations, mobile banking deployments, online banking deployments and new digital products.[4]

Education

From 2003 to 2006, he worked towards achieving his Undergraduate degree in Business Information Systems and Statistics at Murdoch University in Perth, Australia. He then received his Management Training from October 2008 to September 2010 at Bamburi Cement, Lafarge in Kenya.[5] Bamburi Cement Lafarge is a cement manufacturing and marketing company in the Eastern Africa region.[6]

He is completing his MBA in technology and innovation.[7]

Career

From September 2010 to June 2011, he was the Ag Infrastructure and Service Delivery Manager at Bamburi Cement, Lafarge and was part of the Innovation and Governance Lead at LafargeHolcim, a building material company, from June 2011 to December 2011. From December 2011 to December 2012, he was the Head of Proximity and Remote Banking (ATM’s, Online and Mobile Banking) for Standard Chartered Bank. He then became the Regional Head of Digital Banking from December 2011 to June 2014 at Standard Chartered Bank.

He was the Senior Project Lead of Business Development at SEMA Mobile Services Limited in Nairobi, Kenya and the Group Head of Digital Financial Services for SBM Bank Kenya from June 2014 to December 2015 in Nairobi, Kenya.

Ndichu was the Head of Digital Financial Services and Mobile Payments for KCB Bank Group in Nairobi, Kenya,[8] until January 2018.

After two years of being at KCB, Ndichu left his position to join Opera Software as Head of the Fintech unit in Africa.[9] He was the Managing Director of Opera Software from January 2018 to December 2018. Opera is an internet browser company. In this position, he was required to formulate the company’s strategy in the electronic payments business.[10]

From January 2019 to December 2019 he was the Managing Director at OPay in Kenya. OPay is a web-based payment service in Kenya that integrates into a user’s browser and allows them to pay utility and phone bills.[11] OPay empowers users and enables them to accomplish more with their money by providing financial services. The company is headquartered in Lagos, Nigeria.[12]

Ndichu believes that the financial services sector in East Africa is most susceptible to innovation therefore service providers should focus on engaging and supporting entrepreneurs.[13]

Awards and Achievements

He received a certificate in Exponential Business and Thinking in 2016, the following year, he received a certificate from Singularity University in Exponential Finance, Blockchain and AI.

He then launched the first teller less branch and mobile virtual network dedicated to financial services.

Ndichu was a guest speaker at MTN’s Tech Night event that was held by MTN Business Kenya, on new technologies and overcoming deployment challenges to inspire clients to innovate and transform in their respective fields.[14] He was also a speaker at the PIVOT East Mobile startups pitching competition.[15]

On 07 and 08 July, 2020, Future Hub co-hosted the virtual Venture Summit of Emerging Markets in collaboration with The Passage. Ndichu formed part of the panel that spoke at this event.[16]

He spoke at the Afro-Asia Fintech Festival from 07 to 09 December, 2020 in Nairobi, Kenya,[17] and is set to be a speaker at the Singapore Fintech Festival from the 8th to the 12th of November, 2021.[18]

References

  1. WapiPay Management - Rocket Reach. Retrieved 15 February, 2021.
  2. Eddie Ndichu - LinkedIn. Retrieved 18 February, 2021.
  3. Transsion’s Future Hub and Kenya’s Wapi Capital partner on Africa fund - Tech Crunch. Retrieved 22 February, 2021.
  4. Eddie Ndichu - The Africa Software Project. Retrieved 19 February, 2021.
  5. Eddie Ndichu - LinkedIn. Retrieved 18 February, 2021.
  6. Who We Are - Lafarge. Retrieved 22 February, 2021.
  7. Eddie Ndichu - The Africa Software Project. Retrieved 19 February, 2021.
  8. Eddie Ndichu - LinkedIn. Retrieved 18 February, 2021.
  9. After 2 years at KCB, Eddie Ndichu joins Opera as head of Fintech unit in Africa - Apantech. Retrieved 20 February, 2021.
  10. Janet Mbugua’s husband lands plum job - Nairobi News. Retrieved 18 February, 2021.
  11. Janet Mbugua’s husband lands plum job - Nairobi News. Retrieved 18 February, 2021.
  12. OPay - Eit Health. Retrieved 20 February, 2021.
  13. Chase Bank: Financial services in East Africa most susceptible to innovation - pctech. Retrieved 20 February, 2021.
  14. 4 things I took out of the MTN Tech Night Event - MTN. Retrieved 20 February, 2021.
  15. Chase Bank: Financial services in East Africa most susceptible to innovation - pctech. Retrieved 20 February, 2021.
  16. Save the Date on July 7th and 8th for the inaugural Venture Summit - Venture Summit of Emerging Markets. Retrieved 20 February, 2021.
  17. Afro-Asia Fintech Festival Nairobi Online City - Afro-Asia Fintech. Retrieved 22 February, 2021.
  18. Hyperlocal Speakers - Fintech Festival. Retrieved 22 February, 2021.