Cássio, co-founder of Brazilian fintech Plypad, details the platform's transaction take rate to Nathan Latka.
0:00 / 0:08exact quote · 8.8s
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“Well, effectively, that's .99%.98%. So, it's around one percent.”
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More from Cássio (Casio)
Insight
Working 6-8 Hours a Day Won't Launch a Startup
“If you work six hours, seven hours, eight hours a day, you won't get your business up and running.”
Cássio (Casio)Aug 13, 2021▶ 19:45Brazilian Quote to Cash SaaS Hits $10k in MRR up from $2k, $250k raised at $2.5m Valuation
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Most Brazilian SMBs Don't Know What a CRM Is
“Most of our customer base, they don't know what a CRM is, and when they know what the ERP is, they don't want it because it's just too much.”
Cássio (Casio)Aug 13, 2021▶ 3:13Brazilian Quote to Cash SaaS Hits $10k in MRR up from $2k, $250k raised at $2.5m Valuation
AssertionNot checkable as stated
Brazilian SMBs Spend 10% to 15% of Time on Reconciliation
“And in the end of the day, actually, they spent about 10%, 15% of their month dealing with all of that stuff, and they didn't really need an ERP or CRM.”
Cássio (Casio)Aug 13, 2021▶ 3:01Brazilian Quote to Cash SaaS Hits $10k in MRR up from $2k, $250k raised at $2.5m Valuation
AssertionNot checkable as stated
Plypad Has Over 600 Active Merchants and 20,000 End Payers
“Right now we have over. 600 active merchants and over 20,000 payers in their customer base.”
Cássio (Casio)Aug 13, 2021▶ 5:36Brazilian Quote to Cash SaaS Hits $10k in MRR up from $2k, $250k raised at $2.5m Valuation
AssertionNot checkable as stated
Plypad's Customer Acquisition Cost is Approximately $30
“Right now depends on where you look at, but our general CAC is about something in dollars. I have the numbers in Brazilian reais. That's about 30 dollars.”
Cássio (Casio)Aug 13, 2021▶ 17:22Brazilian Quote to Cash SaaS Hits $10k in MRR up from $2k, $250k raised at $2.5m Valuation
AssertionNot checkable as stated
Plypad Processed Over $1 Million With Only Three Team Members
“Until January, we had only, it was only me and my co-founder and a sales girl. So I had to build the whole system. My co-founder had to, you know, do all the sales by himself and by now, but by that point we had processed over a million dollars.”
Cássio (Casio)Aug 13, 2021▶ 18:28Brazilian Quote to Cash SaaS Hits $10k in MRR up from $2k, $250k raised at $2.5m Valuation
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