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Prasad Gundumogula is a visionary entrepreneur and software engineer, best known as the founder and CEO of Moniepoint Inc. (formerly TeamApt). With a deep-rooted passion for solving complex financial challenges through technology, Prasad has been instrumental in building one of Africa's most impactful fintech companies. His work focuses on powering the dreams of small and medium-sized businesses in emerging markets by providing an all-in-one digital banking platform. Under his leadership, Moniepoint has become Nigeria's largest business payments and banking network, driving financial inclusion and significantly contributing to the digital economy. His career began with key software engineering roles at Interswitch Group and MPOWER Financing, where he honed his skills in building scalable financial products.
Prasad Gundumogula's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Founded Moniepoint in 2015, transforming it from a startup into a leading African fintech unicorn. He has scaled the company to provide comprehensive financial services including banking, payments, and credit to millions of businesses.
Led Moniepoint to be recognized by the Financial Times as the fastest-growing company in Africa in 2023, a testament to its explosive growth and market dominance in Nigeria's agency banking and merchant payment sector.
Spearheaded the development of a robust agent network and merchant payment system that processes a majority of Nigeria's POS transactions, effectively banking the unbanked and underbanked across the country.
Successfully guided Moniepoint through significant funding rounds, achieving a valuation of over $1.5 billion and solidifying its position as a key player in the global fintech landscape.
Andhra University
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Mondee Holdings, Inc. is a travel technology company and next-generation marketplace revolutionizing the travel industry. Its platform connects a vast network of leisure travel agents, gig-economy workers, and corporate clients to a global inventory of flights, hotels, car rentals, and vacation packages. By leveraging artificial intelligence and modern technology, Mondee aims to provide a seamless and personalized booking experience, disrupting traditional travel distribution models.
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