Matthew Cooper: Easing that burden to keep you compliant is big. There are some new regulations like the California privacy regulations which will make everybody’s lives much more painful.
Sramana Mitra: People who are paying their loans online is one type of usage. Do you have a sense of how many of these are using a consolidation app to manage their debt? Matthew Cooper: To our knowledge, we are not familiar outside of the ones that Mint built. It’s a very small number. The
100 million consumers live paycheck to paycheck and are loaded with debt. EarnUp offers a solution to help them ease their debt burden. Sramana Mitra: Let’s start by introducing yourselves as well as EarnUp. Matthew Cooper: Nadim and I are the two co-founders of EarnUp. I’m currently the CEO and Nadim is the CFO. EarnUp
Sramana Mitra: You said you’ve invested in 10 companies from this vehicle. Could you talk about some examples? Specifically, talk about in what stage did you encounter them and what was it about what they had that called you to make the investment. I’m trying to understand how you evaluate investments. Doug Atkin: Let me
Sramana Mitra: B2B need less money, I think. Doug Atkin: It all depends. If you’re building a business like an analytics package which you’re selling to the big banks, you need a decent amount of money to build something of industrial quality. A lot of these things take a bit more money. Sramana Mitra: The
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Doug Atkin was recorded in July 2019. Doug Atkin, Managing Partner at Communitas Capital Partners, has extensive experience in FinTech and this conversation explores the nuances of that sector.
FinTech is a complex industry with massive changes underway. In this interview, Todd and I attempt to explore what is defensible in this highly competitive space. Sramana Mitra: Let’s start by introducing our audience to yourself and to Infinicept.
Don Mal discusses the trends in budgeting and forecasting software. Sramana Mitra: Let’s start by giving our audience a little bit of context. We have talked to you before, so we’ll just link to the previous interview. People can catch-up from there.