Inside Creem: The payment platform that calls BS on hidden fees 🚫 | Founder Interview

23 Dec 2024 • 65 min • EN
65 min
00:00
01:05:20
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Co-founders Gabriel and Alec are two builders from the blockchain & crypto space who decided to reshape fintech for small indie entrepreneurs and startups. They have a bright vision for the future of startups, but the lack of transparency among the leading merchant of record payment providers pushed them to launch Creem. So they did, in just a few months 💪 Here’s what we discuss in this episode: 🤖 Using AI to track metrics on payments & more 🤑 Why Gabriel loves bootstrapped startups but needed to raise funds for Creem 🤔 What the current payment providers get wrong 🛠️ The challenges and future of fintech for startups ☃️ How to build a global startup from the quiet countryside of Estonia Along with Creem, Gabriel hosts a fun and candid vlog on YouTube where he releases weekly updates and behind-the-scenes stories. Links to topics we discuss in the show: * Meditations on Moloch by Scott Alexander * Estonia’s e-residency program for founders. * Antler VC and startup program. I hope you enjoy the show and have a wonderful holiday season with your friends and family 🎄 Timecodes: 00:00 — Intro & Meet Gabriel Ferraz 01:14 — What did you ship recently? 05:46 — Purpose and history of Creem 14:55 — Gabriel’s vision of the future 18:14 — What’s a merchant of record? 24:02 — Co-founder journey and Estonia 34:55 — Making vlogs as a founder 40:00 — Raising funds from Antler 45:33 — Problems with scaling fintechs 54:21 — Customer support and the lowest M-o-R fees This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit shipandsip.substack.com

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