Episode 8. Building Ventures, Building Futures (August 2025)

In episode 8 of Breaking Banks Africa, host Matteo Rizzi speaks with Kigali-based entrepreneur Philip Ngarambe, now Entrepreneur in Residence at ALX Ventures. Philip recounts his journey with AC Group, the company that transformed urban transport in Rwanda by introducing digital “tap & go” bus payments. What began as a mobility solution quickly evolved into a driver of financial inclusion, proving how everyday services can seamlessly bring people into the digital economy.

Philip reflects on scaling a disruptive business, the importance of mentorship, and why investing in youth-led ventures is vital for Africa’s future. At ALX Ventures, he supports young founders in turning ideas into sustainable companies, while emphasizing AI, bottom-up innovation, and solving non-obvious but high-impact problems.

The episode also highlights upcoming opportunities for collaboration, including the Global SME Finance Forum in Johannesburg (September 2025)—a key event for exploring fintech, inclusion, and SME growth on the continent.

Author, Co-Founder of FTS Group, BBE Executive Producer
About the Author
Matteo Rizzi is an unconventional entrepreneur with two decades of experience in Financial Services, constantly referred amongst the top executives in the industry. He spent 13 years at SWIFT - where he co-founded Innotribe, the innovation arm of the cooperative, launching the first global startup challenge. Since 2013, he has had a FinTech Investor and/or Venture Partner role with global VCs and CVCs (20+ deals, 5 exits). In 2015, he co-founded FinTechStage (FTSGroup.eu) - a platform for Investors and Innovators to boost FinTech innovation globally. In 2019, Matteo founded Timepledge a global initiative to foster financial inclusion and entrepreneurship. In 2025, Matteo aligned FTS and Timepledge’s into a single mission and founded the African Talent Academy. In 2019, he also launched Breaking Banks Europe (as the Executive Producer) and in 2025 the spin-off Breaking Banks Africa. In 2023, he was appointed Senior Advisor for Elevandi (MAS) now GFTN.com. He is the author of "The FinTech Revolution" and "Talents & Rebels" and is fluent in 5 languages. X:https://twitter.com/matteorizzi Website: https://matteorizzi.com/ Instagram: https://www.instagram.com/matteorizziofficial Linkedln:https://www.linkedin.com/in/matteorizzi/ Provoke: https://provoke.fm/author/matteo/
[shows-menu]