The Pitch #150 Remynt
11 snips
Nov 6, 2024 Gwyneth Borden, Founder and CEO of Remint, aims to revolutionize debt recovery, focusing on social impact and helping consumers, especially Gen Z and low-income individuals, manage debts. She shares her innovative approach to easing the stress of traditional debt collection. Investors Cyan Banister, Mac Conwell, Ben Taft, and Elizabeth Yin discuss the strategic challenges startups face in securing funding and effectively pitching to venture capitalists. They emphasize the need for authenticity and resilience in navigating the financial landscape.
AI Snips
Chapters
Transcript
Episode notes
Gwyneth's Debt Experience
- Gwyneth Borden shared her personal experience with charged-off debt and the challenges she faced.
- This inspired her to create Remynt, a debt recovery startup focused on hope and redemption.
Remynt's Target Demographic and Approach
- Remynt targets a demographic struggling with delinquent debt, including Gen Z, low-income individuals, and people of color.
- They offer a novel approach, empowering consumers to rebuild credit while resolving debt.
Remynt's Opt-In System
- Remynt allows consumers to opt in immediately to debt repayment and credit building.
- They use marketing automation, avoiding traditional call centers and focusing on hope.