Rob Heiser

CEO & Board Chairman, Segmint · 1 appearance on the record.

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founderexecutive

Rob Heiser is the co-founder, Chief Executive Officer, and Board Chairman of Segmint. He leads the financial data technology company in helping banks and financial institutions analyze transaction data.

12statements → 7claims → 0claims resolved → 3.83/5average certainty → 1.17/5average debate potential → ≈4.0/5argument clarity, estimated →

7 not checkable as stated how the 7 claims stand · each chip opens the sources

1 prediction · 6 assertions · 1 insight · 4 disclosures · every statement was checked. The prediction and assertions are the 7 claims: statements the public record can support or contradict. 0 are resolved, and 7 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Rob argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Rob Heiser on measured tape to publish a rate. This says nothing about how they speak.

What they said12 Episodes1

Everything Rob Heiser said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Insight

Heiser: Once customer deposits move to fintech apps, they rarely return

“And from a bank perspective, once the money moves, it typically doesn't come back.”

Rob Heiser Jul 27, 2019 ▶ 13:20 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Assertion Not checkable as stated

Heiser: Segmint only loses banking clients via M&A

“You know, the funny thing is, is the only time that we've typically lost a client in our space is from acquisition. So obviously it's a lot of M&A is happening in banking and financial services. And that's typically, you know, you either win or lose on the M&A…”

Rob Heiser Jul 27, 2019 ▶ 17:21 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Assertion Not checkable as stated

Heiser: Segmint serves banks from $200M assets up to top 50 institutions

“We have institutions as small as, you know, two or three hundred million in assets to institutions that are in the top 50 in the country.”

Rob Heiser Jul 27, 2019 ▶ 4:19 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Assertion Not checkable as stated

Heiser: Segmint charges banks 5¢ to 20¢ per account per month

“So we charge anywhere from like a five to six cents based on what features are using in our product all the way up to 15, 20 cents per month. And that's on a per account basis. And it's also scales based on how many account quarters I have.”

Rob Heiser Jul 27, 2019 ▶ 6:31 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Disclosure

Heiser: Segmint has raised over $30 million in outside capital

“Oh, we raised, we've raised over thirty million dollars.”

Rob Heiser Jul 27, 2019 ▶ 7:04 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Assertion Not checkable as stated

Heiser: Segmint processes billions of financial transactions per year

“What we're doing on the library side is we're categorizing all that data, so we're seeing, you know, billions of transactions a year, and so we see those transactions and we're categorizing them both by the technology that we built, but”

Rob Heiser Jul 27, 2019 ▶ 10:47 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Assertion Not checkable as stated

Heiser: Segmint is doubling ARR year over year

“And from an ARR, right? That's what everybody cares about. We're doubling about that every year. So we're looking at a double from an ARR perspective.”

Rob Heiser Jul 27, 2019 ▶ 14:27 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Prediction Not checkable as stated

Heiser: Segmint will probably break even in early to mid-2019

“We're close. We'll, we'll probably break even sometime middle, middle to early next year.”

Rob Heiser Jul 27, 2019 ▶ 14:43 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Disclosure

Heiser: Most Segmint clients pay on a per-account-holder monthly basis

“The most traditional will with what most of our customers do is they pay us on a per customer per month basis. So basically account holder. And that's for our kind of end-to-end platform.”

Rob Heiser Jul 27, 2019 ▶ 3:17 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Disclosure

Heiser: Segmint serves a dozen direct institutions and 50+ via resellers

“So we have very small amount of direct customers, so we don't, again, we work with channels, so we probably have about a dozen or so institutions that we work with directly, but beyond that, we have, you know, over 50 institutions, if you're looking at that, i…”

Rob Heiser Jul 27, 2019 ▶ 8:31 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Disclosure

Heiser: Segmint operates with a team of just 24 people

“We have 24 people.”

Rob Heiser Jul 27, 2019 ▶ 9:34 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Assertion Not checkable as stated

Heiser: Segmint's enterprise partner sales cycle is about nine months

“Probably from a partner perspective to get all the way from a meeting to, you know, them signing up. It's probably about nine months.”

Rob Heiser Jul 27, 2019 ▶ 16:01 1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits

Appearances (1)

Episode	Date	Speaking time
1463 He's Wealthfront, Robinhood, Betterment Worst Nightmare helping Banks retain deposits	Jul 27, 2019	12m

Rob Heiser

The record, in short

How they sound: not measured why? →

Appearances (1)

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