The VFA Fintech PM Bootcamp: Participants’ Perspective
At the start of 2022, as we worked to place experienced talent with the startup partners we were working with, a key insight emerged: Professionals, regardless of their startup background, often faced hurdles transitioning into specific roles within the ecosystem.
Imagine mid-level product managers aspiring to delve into fintech, business unit leaders from traditional banking eager to pivot into fintech product management, seasoned consultants in financial services, and experienced project managers from more traditional settings, all seeking a shift. The common thread? A skills gap that complicated the alignment of these talents with suitable opportunities.
Leveraging our track record in placing top-tier talent, we identified an exciting prospect — expanding into the realm of learning and development and establishing Venture for Africa as a talent accelerator for experienced managers and operators in the African tech ecosystem aspiring to transition into non-technical roles.
The VFA Fintech PM Bootcamp
We started off with the VFA Fintech PM Bootcamp, a 12-week program catered to experienced professionals seeking to transition into or upskill within the Product Management space in the African fintech sector.
The program offered practical experience, curated content, interactive workshops and real-world case studies, facilitated by industry experts.
To date, we’ve navigated through two cohorts and have worked with over 30 fellows to enhance their capacity as fintech product managers.
But this isn’t merely about filling roles; it’s a deliberate endeavour to cultivate a reservoir of adept PMs, primed to confront the nuanced challenges in the dynamic realm of fintech in our ecosystem.
The VFA Sandbox
One additional innovative feature of the VFA bootcamps is our sandbox experiences.
During these experiences, bootcamp participants have the opportunity to apply what they’ve learned in real-world situations with actual challenges. Simultaneously, the startups enrolled in the sandbox program benefit from valuable support and resources to handle product-related tasks and overcome challenges.
Currently, 50% of participants who chose to participate in the sandbox experience have been successfully placed 🚀
👥 The Testimonials
Thus far, our results have been nothing short of excellent, with past participants sharing positive stories that underscore the transformative impact of our program.
Many have successfully redefined their career trajectories within fintech product management, while others have appreciated the structured learning experience as a valuable asset.
Beyond individual growth, participants have been immersed in evolving trends and industry insights, providing them with a compass to navigate the intricate landscape of fintech.
These experiences also serve as a catalyst for building meaningful connections, fostering career development, and laying the groundwork for strategic planning in the fintech sector.
🌟 Ntokozo Moyo | Program Manager
One shining example is Zo, who discovered a renewed sense of purpose in her career journey.
Originating from a different industry, she honed her career goals for the next five years through the bootcamp. Zo delved into the nuances of product management within the African fintech ecosystem, grasping the impact of legislation on innovation. Armed with practical skills, industry insights, and a robust network, Zo charted a clear path toward a thriving career in fintech product management.
Her newfound knowledge also empowered her to actively contribute to the fintech revolution in her home country of Botswana.
🌟 Andrew Miracle | Founder
Then there’s Andrew, an industry newcomer seeking to demystify fintech complexities.
Initially navigating from a blockchain background, Andrew found our bootcamp to be an invaluable bridge into the fintech realm. The program, with its structured learning approach, not only untangled the intricacies of finance but also instilled a deep understanding of fintech complexities.
Crucially, it emphasized the role of empathy in product management, a crucial insight that enabled Andrew to build robust relationships with stakeholders and bolster confidence in his capabilities as a fintech product manager.”
🌟 Marundu Muturi | Product Development Specialist
Marundu, who comes from an IT and Internet Customer Service background, recognized untapped potential in fintech product functions. Seeking a competitive edge and a better understanding of evolving trends, Marundu decided to participate in a bootcamp.
This program provided Marundu with a deep appreciation for the impact of product functions in fintech. Now, Marundu firmly believes that fintech has the power to revolutionize financial services.
Equipped with knowledge of cutting-edge technologies, innovative product strategies, and emerging trends, Marundu is ready to make a significant contribution to the transformation of fintech.
🌟 Nyambura Githaiga | Customer Success Manager
Nyambura’s main takeaway from the bootcamp was centered around the knowledge she gained in product management.
While navigating the fragmented African fintech market, she acquired insights into the various policies, cultures, and business practices that affect cross-border payments. The bootcamp not only offered Nyambura a supportive community but also valuable connections with industry experts and facilitators.
Through engaging in discussions and networking opportunities, she gained valuable insights into the challenges and opportunities involved in transitioning into fintech product management.
🌟 Pamela Bongkiyung | Head of Communications and Corporate Strategy
Pamela, leading Communications and Corporate Strategy, acknowledged the challenges in the African fintech industry and its ability to revolutionize cross-border transactions and cash management.
The bootcamp sparked a profound change in her mindset, arming her with fintech product management knowledge. Pamela gained a better understanding of her company’s product vision and mission, setting the stage for a strategic approach to developing sustainable and monetizable products.
Through the bootcamp, she also formed connections with industry experts, expanding her professional network and providing a valuable resource as she advances in her fintech career.
⏩ What’s next?
We also asked fellows from the bootcamp to share what advice they’d give to anyone looking to sign up for any one of the VFA bootcamps, and here’s what they had to say:
“VFA offers world-class bootcamps with exceptional facilitators, structure, and content, along with the chance to build valuable connections.” — Nyambura
“Be intentional about what you want to achieve from the bootcamp as you have the opportunity to learn from industry experts and apply the knowledge to case studies. With these clear goals, it becomes less overwhelming, and you can make the most of the experience.” — Andrew
“Try to secure a product management internship through the VFA Sandbox to immediately apply the knowledge gained from the bootcamp. Target specific companies, identify their needs, and use the bootcamp knowledge to refine your skills while interning or contributing to product planning and direction.” — Pamela
The VFA fintech bootcamp runs on a cohort basis. For more information on how to apply to be a part of an upcoming cohort and to stay up to date on all other VFA programming, visit https://www.venturefor.africa/upskilling
