Unicorns Podcast: Pay bills later, not late. The rise of deferit with Jonty Hirsowitz
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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 media and PR veteran and CEO of Mojo Media, 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 speaks with Jonty Hirsowitz, co-founder and CEO of booming bill payment platform deferit.
deferit is an interest-free budgeting tool that allows users to pay and manage bills on time. It works by simply uploading a photo of a bill, choosing how much and when to pay and deferit will pay the bill. Customers pay it back over time in four equal and flexible fortnightly payments, with no interest or late fees!
The most common bills that are deferred and then paid are utility bills (gas, water, electricity, phone, internet, etc.) and car registrations (including CTP renewals and insurance). The company motto is: pay bills later, not late. Deferit pays you bill and you pay them back in four instalments. No hidden or late fees and it’s interest free.
In this episode, Hirsowitz talks through how the company began and the early days of the business; the market opportunity the exists; the rise of the Buy Now Pay Later segment in Australia; the hundreds of thousands of people who’ve already used the platform and the big plans for the future….
Click below to tune in.