Unicorns Podcast: Deferit’s mission to end bill shock forever
The Unicorns Podcast connects you to some of the best and brightest founders, CEOs, executives, business owners, VCs and inspiring leaders who make things happen and inspire others.
Hosted by former broadcast journalist and PR veteran, Justin Kelly, we chat to leaders on the front line on how to get started, what it takes to build a successful business, how to overcome challenges, and advice for those on a similar journey.
In this episode, Justin talks with Mat Blas, co-founder of tech sensation and bill paying platform Deferit.
Deferit is a payment platform that allows people to pay any bill in 4 simple fortnightly instalments. It was founded to champion the customer’s best interests when it comes to paying their bills. That’s why there is no interest, establishment fees, annual fees or late fees on the platform. There is no comparable product in the Australian market which offers this level of customer centricity for bill budgeting.
Since launch in 2018 Deferit has helped Australians pay over $160m in bills, saving them $17m in late fees and pay on time discounts. More than 350,000 Australians have used the platform to pay bills all over the country.
In this episode, Mat talks through the inspiration behind the business; how it’s grown and changed since launch; how the platform is being used, the investors behind the venture and where to next for Deferit.
Tune in below.