Quick Fire 🔥 with Tope Alabi
Tope Alabi is a software engineer. He is the co – founder and CEO of Afriexa fintech that facilitates intra-African and international remittances.
Explain your work to a five-year-old.
I make it easy for people to send money abroad.
Why did you decide to become a software engineer?
I studied electrical engineering in school, so software development was not entirely new to me, although the things we worked with in school focused much more on hardware than on technology. Internet. Like all engineers, he was confident he could build anything, even if he hadn’t done it before. When I left school it was hard for me to find work, so I spent a few months with my mother. While she was there, I helped her create a website for her healthcare business because she thought it would look more professional.
It was through this experience that I learned how to create websites and eventually other Internet technologies.
As a software developer, what is one misconception that people have about your work?
That when you build it, the job is done. Most software development is maintenance. Building software is like building a house – you have to keep maintaining and overhauling it, or it will be wrapped up and packed with pests.
You yourself are a founder of fintech. Do you think Africa has too many fintechs? Why or why not?
No, Africa needs more fintechs. Finance is the foundation on which all other industries are built. Remittances are the bridge that connects each country to the outside world, loans / loans offer leverage to invest, stocks and cryptocurrencies allow you to grow your money without working, and insurance protects your assets from disasters and you allows you to continue building.
Any other industry needs these tools, and without these tools it is very difficult to build an advanced economy.
What (singular) success are you most proud of?
I’m proud of the work we’ve been able to do at Afriex so far, but the work isn’t done; we still have a long way to go.
What is one thing you like to do that makes you terrible? And something you don’t really like to do but you’re great at?
I love playing arcade games, but I’m terrible with them because I only play them once every year or so.
I’m great at predicting what will happen next in the movies, but I don’t like watching movies in the first place. Maybe that’s why I don’t like watching movies.
Do you think Web3 is solving any immediate or even future problems?
Not yet, but it will be so. Web3 is about decentralization; this is a topic we have seen throughout the history of the internet.
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