Episode 17 - Reliable online infrastructure is an essential prerequisite to any digital economy
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Description
Traditionally, startups have had to face large delays prior to launch due to the need to build infrastructure and core back-end functionalities in-house, such as the acceptance of payments. This takes up valuable resources, and shrinks the amount of time developers have to build the startup’s core product/service. Realizing this issue is faced by every startup and can be commoditized, many infrastructure-as-a-service / API-first startups emerged, enabling startups to outsource these core functionalities and add them via third-party integrations, making their path to market faster and easier. However, as startups today have increased their dependence on these third-party services, they face some friction. This has led to a second wave of infrastructure-led startups, like MoneyHash, a Nuwa portfolio company. For episode 17 of our podcast, we chatted with Nader Abdelrazik, cofounder of MoneyHash. We dug into the MoneyHash culture, the challenges faced by regional startups with payments and how MoneyHash platform will help solve them.
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