Anson Parker
speaker
202 appearances
1 recordings
1 series
first heard Oct 2020
last heard Oct 2020
Anson Parker’s voice in public audio — every appearance, attributed to the second.
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Appearances
Yeah, thank you.
So my name is Anson Parker and I'm the head of product at Up.
As the intro said, we're a neobank.
We actually launched about two years ago, sort of officially launched.
And before that, we spent about a year just kind of building our MVP, our first version.
And so we've been in the market for two years and we have, I think, just under 300,000 customers, which is pretty good.
I think we'd probably be the leading neobank in terms of scale.
And I guess what a neobank is, is essentially, you know, a modern reimagined bank that
that really puts technology at the center of what they do.
In our case, you know, it's meant really trying to reimagine, I guess, banking from that modern viewpoint, knowing that all of our customers have, you know, really high-powered smartphones that can do great communication and security and have all these amazing capabilities that can really open up, you know, the potential both to keep people sort of on top of their money
but also give them great tools to achieve goals and pay their friends and things like that.
So our model is probably different to some of the other NEOs in that we actually partnered with an existing bank.
In our case, it was Bendigo and Adelaide Bank.
So we're able to sort of leverage the banky stuff they do because none of us at Up are really bankers.
We're from the sort of online technology software world.
And we didn't really know the first thing about ledgers and
regulatory compliance and that kind of stuff, the financial stuff that you kind of need to know to be a bank and take care of people's money.
So we're able to find people that are really good at that and that trusted us to then look after everything else.
And so we can just focus on kind of the software and the customer experience and make that as awesome as possible.
Yeah, from the very beginning.
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