Madhu, CEO & co-founder of YAP shares his incredible journey from being at Visa to raising almost $6M to build the fintech platform of the future, using leverage & bank partnerships to create a moat.
2:08 - Introduction
4:38 - Learnings from working at Visa
7:05 - What I learned from working on financial inclusion & the UID at Visa
8:50 - Opportunities to make a difference inside of large companies
10:18 - Prioritizing between 2 products; choosing the Star and de-prioritizing the Dog
14:25 - Creating trust with banks & financial institutions, becoming close partners by adding value
28:07 - Resurgent opportunity for a new age fintech plus consumer business
33:59 - Competing vs Co-operating with large well funded players
35:49 - Process for bootstrapping and maintaining a runway, "we were accumulating more cash than we were spending"
45:56 - Part of the Visa accelerator
52:39 -Serve the disrupted & create a large fintech
1:00:08 - Choosing to fund raise over bootstrapping for longer You can learn more about YAP @ https://yappay.in/
Prominent angels, co-founders of Citrus Pay Jitendra Gupta & Amrish Rau, founder of CRED & Freecharge Kunal Shah, Singapore based VC fund BEENEXT are the set of stellar investors in YAP.
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