AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
Who's (not) IPO-ing and what's going on with BaaS?
Equity
Efficiency in Bill Payment and the Inefficiencies in the Banking System
Efficiency in bill payment can be achieved by being a 'one touch' person, especially for non-regular bills like medical bills. The speaker wishes for a system where bills can be paid through a text message, allowing for immediate payment. The speaker is intrigued by companies that streamline bill payments but criticizes the broken banking system in the country. The speaker highlights the difference in bill payment efficiency in functioning economies, like in Europe, where bills are seamlessly paid through bank accounts. The speaker questions the continuous need to patch over the inefficiencies of the banking system, referencing the failure of platforms like PayPal in addressing this issue.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode