We recently spoke with Mark Chirnside, the CEO of Xago, a South-African based payment gateway built on the XRP Ledger and custom-built exchange to trade, send and receive XRP/Xago Digital ZAR.
Xago recently raised an undisclosed amount of money and is looking to expand beyond South Africa into other African jurisdictions.
Mark has decades of experience in the fintech and e-money space, having worked in the UK for years before coming back to South Africa to run Xago.
In this discussion, we discussed:
- The early beginnings of Xago
- The problem Xago is solving
- The recent funding
- Xago’s expansion plans beyond South Africa
- Banking regulation in South Africa
To learn more about Xago, check out the resources below:
- Website: https://xago.io/
RECOMMENDED READING: The Draft Declaration of Crypto Assets as Financial Products in South Africa and How It Compares with SEC Nigeria’s Classification and Treatment of Digital Assets
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