Not only has Shoprite won the first round of the app delivery wars, but it has also quietly been offering banking services to its customers. How did a grocer evolve into such a commanding position, to the point where it has a general manager of financial services? Stuff editor-in-chief Toby Shapshak asks Jean Olivier in this latest episode of T2S2’s fintech podcast series.
Here’s how Shoprite started as a grocer and evolved into a bank
Toby Shapshak spoke to Shoprite's financial services GM Jean Olivier
Toby Shapshak
Toby Shapshak is editor-in-chief and publisher of Stuff, a Forbes senior contributor and a columnist for the Financial Mail and Daily Maverick. He has been writing about technology and the internet for 28 years and his TED Global talk on innovation in Africa has over 1,5-million views. He has written about Africa's tech and start-up ecosystem for Forbes, CNN and The Guardian in London. He was named in GQ's top 30 men in media and the Mail & Guardian newspaper's influential young South Africans. He has been featured in the New York Times. GQ said he "has become the most high-profile technology journalist in the country" while the M&G wrote: "Toby Shapshak is all things tech... he reigns supreme as the major talking head for everything and anything tech."