[PODCAST] A Chat with CEO of Xago, a South African based XRP-Only Ledger and Exchange

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.

SEE ALSO: [PODCAST] The Inspiration Behind Bundle Africa – Africa’s Highly Successful Social Payments App for Crypto and Cash

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:

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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