Kesserwani says Cushion automatically executes financial actions instead of giving advice
Paul Kesserwani · #51 This Bot Can Fight Your ATM Fees · Mar 3, 2025 · at 2:16
Paul Kesserwani, founder of Cushion, pitches investors on his automated fintech platform for negotiating bank fee refunds.
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“Unlike other consumer finance companies out there that are just giving you advice, we're actually doing the work.”
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“80% of the folks who we fought fees for have gotten money back in some capacity.”
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“For every dollar that we're fighting, we're getting 30 cents back right now, but we're being very aggressive because we're trying to train the model and figure out what works and what doesn't.”
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“The way we're updating the product such that the message comes from the user, this can't get shut down, because essentially, the banks would be blocking their own customers.”
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“No, they can't. They cannot take actions within the user's account.”
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