Assertion certainty 4/5 debate potential 1/5

Acosta: PayByGroup has handled group purchase splits up to $30,000

Camillo Acosta · EP 496: PayByGroup $3.4M Raised, $10m in Transaction Volume to Help Groups Pay with CEO Camilo Acosta · Dec 2, 2016 · at 4:58

Camilo Acosta, CEO of PayByGroup, discusses the scale and upper limits of split purchases on his platform.

0:00 / 0:02exact quote · 2.4s
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“We've had 30,000 dollar purchases that get split.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Camillo Acosta

Insight
Acosta: Total payment volume beats user count as a fintech health metric
“Because payment volume is, is, is a better indicator of company kind of health than number of people. Because you know, you can have few people spending a lot of money versus a lot of people spending a little small amounts of money. We'd rather have less peopl…”
Camillo Acosta Dec 2, 2016 ▶ 7:30 EP 496: PayByGroup $3.4M Raised, $10m in Transaction Volume to Help Groups Pay with CEO Camilo Acosta
Disclosure
Acosta: PayByGroup charges invited participants 2.9% and is free for organizers
“It's free for the organizer, but everyone that you invite is going to pay 2.9%.”
Camillo Acosta Dec 2, 2016 ▶ 4:26 EP 496: PayByGroup $3.4M Raised, $10m in Transaction Volume to Help Groups Pay with CEO Camilo Acosta
Assertion Not checkable as stated
Acosta: Over 300 merchants use PayByGroup
“We have over 300.”
Camillo Acosta Dec 2, 2016 ▶ 7:13 EP 496: PayByGroup $3.4M Raised, $10m in Transaction Volume to Help Groups Pay with CEO Camilo Acosta
Assertion Partly supported
Acosta: Average vacation rental booking is $1,500 to $2,000
“1500 to 2000 dollars is the average vacation rental.”
Camillo Acosta Dec 2, 2016 ▶ 7:03 EP 496: PayByGroup $3.4M Raised, $10m in Transaction Volume to Help Groups Pay with CEO Camilo Acosta
Disclosure
Acosta: PayByGroup is neither raising capital nor trying to sell
“No, no, no, we're not, neither, neither raising nor selling. The goal is really to just build a big business.”
Camillo Acosta Dec 2, 2016 ▶ 13:00 EP 496: PayByGroup $3.4M Raised, $10m in Transaction Volume to Help Groups Pay with CEO Camilo Acosta
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