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Alex Bean

๐Ÿ‘ค Speaker
824 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

We take your credit card.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

That's how we make money.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So we make money just like the banks would.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And then we give you the software that Expensify and others are giving you.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So we really combine it into one platform.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And what we've found is by combining it, it's not only just that it's free, it's like the source of information is so much quicker and so much better.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So the things we can do are much different.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

But yeah, it's free.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And that's why we're super excited to offer it to the mom and pops of the world, because we can tell them, stop paying for those three softwares and come just use Divi.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And it's a win-win for both.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I mean, you have four sort of things, buckets on your website, business credit, spend management, expense management, and AP management.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

There are multi-billion dollar companies competing in just one of those verticals.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Just to be clear, I'll make sure I'm getting this right.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

You're giving away spend management, expense management, and AP management free.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

You're making money on the credit card stuff and the credit fund.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yep.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Exactly right.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yep.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Wow.