22: Victor Trokoudes of Plum - The Brain For Your Money

Impact Hustlers - Entrepreneurs with Social Impact

Victor Trokoudes is the co-founder and CEO of Plum. They are focused on making the boring act of saving money an automated, seamless ,background process.Highlights of this episode:* Problems of personal finances* Getting customers to test your product* Why automation is key to solving personal finance issues* Big issues in financial education* A world where people do not worry about moneyTime Stamp:[00:54] What is the personal story behind Plum?[02:33] Are millennial saving less?[03:31] From saving from subscriptions to helping get reduce bills[06:52] Do you face trust issues?[08:02] Automated finance vs challenger banks[09:30] Connected to savings so no need to decide amount of investments[10:42] How to uncover the problem[12:08] BBC article and getting 5000 users[13:20] Impact on people's lives[15:05] Is Plum for people with very little income[17:02] What are the big issues that still need to be solved in personal finance[18:52] Finance philosophy[20:09] What is the future of PlumUseful link:Plum - [https://withplum.com/](https://withplum.com/)Victor Trokoudes Linkedin - [https://www.linkedin.com/in/victortrokoudes/](https://www.linkedin.com/in/victortrokoudes/)

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