Finimize

10 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Jan 21, 2021 by Max Rafaga · said 19 times in 1 episodes since 2021 · across every show →

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brought up most by Nathan Latka (16), Max Rafaga (3)

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Everything said about Finimize, oldest first

Jan 21, 2021
Assertion Not checkable as stated
Finimize counts tens of thousands of consumer subscribers
“So we don't, we're not super keen on always sharing these numbers, but it's definitely in the latter count.”
Max Rafaga Jan 21, 2021 ▶ 20:31 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021
Assertion Not checkable as stated
Finimize has around one million members worldwide
“So we have around about a million users members as we refer to them all over the world.”
Max Rafaga Jan 21, 2021 ▶ 2:53 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021 positive
Assertion Not checkable as stated
Engaging in member chat groups halves Finimize subscriber churn rate
“And as soon as you engage with a chat group, for example, we see in the data that your retention rate doubles or your return rate halves. Whereas if you're just a normal person consuming the content, you've still paid, you're still consuming, you're twice as l…”
Max Rafaga Jan 21, 2021 ▶ 22:28 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021
Assertion Not checkable as stated
Finimize did zero paid marketing until 2020
“We actually, we've never done paid marketing up until this year.”
Max Rafaga Jan 21, 2021 ▶ 17:51 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021 positive
Disclosure
Finimize derived 30% of 2020 revenue from B2B content licensing
“Certainly our fastest growing segment has been our subscriptions. And I would say it's roughly, it's maybe 70% subscriptions and advertising and then 30% licensing.”
Max Rafaga Jan 21, 2021 ▶ 11:16 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021
Disclosure
Finimize scaled its platform with only four full-time engineers
“We have four, four full-time engineers with us.”
Max Rafaga Jan 21, 2021 ▶ 21:03 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021 neutral
Disclosure
Rofagha: Finimize operates with between 25 and 30 total team members
“Including a couple of, like, part-timers I would say around about 30 between 25 and 30.”
Max Rafaga Jan 21, 2021 ▶ 8:48 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021
Assertion Partly supported
Finimize ranks among the top grossing finance apps in US and UK
“In the US, we are usually in the top 15, top 20 highest grossing finance apps, and in the UK, typically in the top three.”
Max Rafaga Jan 21, 2021 ▶ 19:16 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021
Assertion Not checkable as stated
Finimize sees newsletter open rates between high 30s and low 40s percent
“So we have pretty high open rates between like in the high thirties, low 40%.”
Max Rafaga Jan 21, 2021 ▶ 3:34 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
Jan 21, 2021 neutral
Disclosure
Finimize raised £500k pre-seed in 2016 and single-digit millions total
“We did round about like half a million pounds then, and then we did we did something in the single digit million altogether. I don't actually have the exact number off the top of my head. So nothing by any means, nothing major.”
Max Rafaga Jan 21, 2021 ▶ 15:19 Finimize Uses 1m Email List to Launch API SaaS, Grows to 30% of Total Revenue
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