Sánchez: 3 to 4 users churn from Xepelin to CredFeed monthly
Luis Sánchez · "70% of Mexican SMBs Fail Due to Cash Flow: Can FinTech in Latin America Save Them?" · Jun 26, 2024 · at 26:20
CredFeed founder Luis Sánchez explains to Beck Bamberger how his startup wins users away from heavily funded competitor Xepelin.
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“We have at least three to four users that churn from Zeppelin into Credly every month”
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“Today there are 770,000 manufacturing companies just in Mexico. We only need 5000 to get to a hundred million dollars in annual recurring revenue to be a billion dollar company with the average revenue that we're generating today with our current users.”