Did you know that in the UK consumers lose £2 Billion per year on unwanted subscriptions? Yes the ones that you join a trial and then forget about and boom! You get charged by surprise. This in turn creates financial stress, mainly to individuals, freelancers and small businesses. Even though it’s a big pain point, somehow it is still underserved. Till now!
Delphine takes us through her story on what inspired her to start ScribePay. ScribePay is a UK FinTech that allows consumers to track all their subscriptions in one place so that you are not caught off-guard when charged again! We go deep into what is the source of the problem - as simple as a distinction between subscriptions and recurring payment, how ScribePay brings control back to customers, and Delphine’s challenges fundraising as a woman of colour.
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Let’s dive into it!
👉 You can find Delphine here
👉 And you can find Monica here:
We cover:
(0:02:02) Dealing with failure and tough times
(0:05:47) Believing in oneself and taking charge of one's destiny
(0:07:29) The role of purpose FinTech and how it can make a difference in communities
(0:10:04) Scribepay to reengineer the way people pay for subscriptions
(0:13:22) Impact of wasted money on subscriptions and the stress and anxiety it causes
(0:14:34) Pain points experienced by consumers and content creators when it comes to subscriptions
(0:18:17) Growth of subscriptions and the need for organizations to distinguish between subscriptions and direct debits
(0:20:45) Scribepay unique features and controls
(0:24:36) Product development and customer research and iterating based on feedback
(0:27:20) Challenges of accessing funding and the need for more support for women in FinTech
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Production and marketing by Monica Millares. For inquiries about coaching, collabs, sponsoring the podcast or creating or editing your podcast email fintechwithmoni@gmail.com
Disclaimer: This episode does not constitute professional nor financial advice and does not represent the opinion nor views of my current, past or future employers. The guest has agreed to record and release our conversation for the use of this podcast and promotion in social media.
