Fintech Impact

Jason talks to Mounir Felloula, CEO and Co-Founder of Puulse. It is a challenger bank, that has specifically partnered with the company's HR departments to help enable their employees to have a positive banking experience from the moment they get paid.

Episode Highlights

• 01:51: Mounir explains what Puulse is and the services that they provide. 
• 03:43: Mounir explains how they facilitate money getting to the employee's app from day one?
• 05:22: Puulse's specific attack vector was to work with HR Partners to try to basically get involved with the companies.
• 05:39: Puulse have a strong fintech part, but they are also like a nature tech pack because, basically they are able to know when someone finishes a job.
• 08:09: Mounir shares how companies are now conscious about their workers.
• 10:02: Companies that tie up with Puulse don't own the data payroll. The data platforms don't have the expertise to push money to look at regulation to know which license you need to have to push the money, when and how to clean the dealer configuration.
• 11.10: More than 1000 people can implement the Puulse HR software, says Mounir.
• 12:55: Mounir's aim is to facilitate everything related to gig workers.
• 13:21: Mounir talks about employee's initial reaction of the app and what they are planning to launch in the future.
• 15:09: Puulse's goal from the beginning was not only to bring workers, but to build the banking infrastructure to help people to be financially independent.
• 16:25: People want to get paid daily, so this is possible, but the guardian is structure, which basically pays your taxes, restrict it.
• 16:52: Human life is very exciting, and you can do plenty of things you can use to travel.
• 18:56: Mounir discusses about the challenges they faced when launching Puulse.
• 21:20: To build a culture that is effective and enjoyable that people want to be a part of and are happy to go up to every day, and that is unfortunately and a difficult task, but it's achievable.

3 Key Points

1. Mounir shares how they come in the middle and create liquidity on one side to the other.
2. Mounir explains how they help companies facilitate on time payment.
3. Mounir talks about the future of Puulse and its growth. He also discusses what they are planning.

Tweetable Quotes

• "When we get the money, we are kind of a box that comes in the middle and start to push the money automatically that cover this gap basically." - Mounir Felloula
• "We notice when we start at the beginning about talking to HR companies and HR software, every people like every gig, workers complain to their employers, then they get paid all of them when they notice that what someone pays faster, they jump to one up to another." - Mounir Felloula
• "I can basically go between these jobs and vendors very quickly just by flipping apps and we are talking about essentially a commodity. We are talking about rides. So at the end of the day, if they don't support what the other guys doing and making it easy, then they are going to lose people pretty quickly." - Jason

Resources Mentioned

• Facebook – Jason Pereira's Facebook
• LinkedIn – Jason Pereira's LinkedIn
• Woodgate.com – Sponsor
• Podcast Editing