Revolutionizing African Cross-Border Money Transfer, Pitching Joe Montana and Raising $2.4 Million with Maijid Moujaled (Ep 43)

Hear how an immigration setback sparked a global journey that shaped his approach to entrepreneurship and remote teams. ============================ Get the Monday Minute my weekly email with 3 personal recs for travel, culture, and living beyond borders you can read in 60 seconds. ============================ ON THIS EPISODE Maijid Moujaled takes us on his journey growing up in Accra, Ghana and moving to the US to study computer science and engineering and work for Yahoo and Imgur before embarking on his entrepreneurial journey. After being denied an H1B visa and being forced to leave the U.S., Maijid explains how he joined the Remote Year program and traveled the world for a year with 50 digital nomads. And while on Remote Year, Maijid tells the story of how he built “Chipper Cash”, a no-fee African cross border payment app together with a business partner from Uganda. He explains the challenges raising investment capital for the project and describes his first major breakthrough of getting accepted to the 500 Startups accelerator, followed by his first investor and eventually his path to raising a $2.4 million seed round. Maijid then talks about how he rapidly scaled Chipper Cash, built systems and processes for a remote-first company, and how he is hiring and managing a distributed team. He then shares his thoughts on an exit strategy, potential competition, and his 10-year vision for Chipper Cash. Maijid also talks about his personal productivity habits, his super simple morning routine, and the #1 thing he does for stress reduction. He then discusses his travel experiences, his love for Brazil, and the primary way he connects with locals when he can’t speak the language. He concludes by recommending his top book, app, podcast and shares his favorite travel destinations. → Full show notes with direct links to everything discussed are available here. ============================ FIND YOUR NEXT EPISODE Explore The Maverick Show Starter Packs — some of my favorite conversations curated by theme so you can easily find the episodes that match your interests. ============================ FREE RESOURCES FOR YOU See my Top 10 Travel Apps See my Top 10 Books that Shaped the Way I Travel See my 7 Keys For Building A Remote Business (Even in a space that’s not traditionally virtual) Watch my Video Training on Stylish Minimalist Packing so you can join #TeamCarryOn See the Travel Gear I Use and Recommend See How I Produce The Maverick Show Podcast (The equipment, services & vendors I use) ============================ ENJOYING THE SHOW? Follow The Maverick Show on Instagram and DM Matt to continue the conversation Please leave a rating and review — it really helps the show and I read each one personally Support the show by buying me a coffee — espressos help me produce significantly better podcast episodes!