Zuben Mathews of Brigit on building sustainable financial health at scale

Fintech One•On•One

While there are tens of millions of Americans still struggling with their financial health the reality is that fintech is starting to have a significant impact here. Some companies are reaching scale and are helping those people living paycheck to paycheck save huge amounts of money in aggregate particularly when it comes to punitive bank fees.

My next guest on the Fintech One-on-One podcast is Zuben Mathews, the CEO and Co-Founder of Brigit. As a college student, he lived the challenges of not having enough money and was motivated to do something about it. Today, Brigit is helping over one million people become more financially healthy, and in the process saving them over $1 billion in overdraft fees.

In this podcast you will learn:

• The problem Zuben had in college that led to the founding of Brigit.
• How he got the company off the ground.
• His thoughts on the impact of overdrafts and NSF fees.
• What Brigit's app provides and how it helps consumers.
• Why they decided to make subscriptions their primary revenue stream.
• The top use cases for their wage advances.
• How they are measuring their impact on the financial health of their users.
• The mechanics of how their advances work.
• The data they look at in their underwriting process.
• How their users are becoming more educated about financial health.
• How their credit building system works and why it is different.
• How they help people earn more income.
• The astounding amount of revenue they are earning per employee.
• Why they decided to call the company Brigit.
• Zuben's vision for Brigit.

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