#139: Dominic Pym of Up Bank and Ferocia

By Jordan Michaelides
October 08, 2019

Dom Pym

Dominic Pym is the Co-Founder of Ferocia and Up Bank. His involvement in numerous startups that include Pin Payments and Zudio, has led to an enviable suite of product-first principles, for a man co-running one of Australia’s most interesting Neobanks.

In this episode we covered:

  • Co-founding with Grant Thomas

  • First jobs, entrance into tech

  • The a-ha moment for Up

  • Product-first business principles

  • Engagement & metrics

  • Innovation vs competitive advantage

  • Crypto & open banking


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SHOW NOTES: 

00:45 - Introduction

02:20 - Up babies

05:20 - Co-founding with Grant Thomas 

08:38 - Earliest memories

12:38 - Lessons learnt from parents

14:11 - First games played as a kid

16:55 - First jobs, entrance into tech

23:02 - Insight from early career

24:52 - The a-ha moment for Up

39:41 - Up Bank in 3 to 5 years

43:10 - Product-first business principles

46:50 - Engagement & metrics

50:16 - Innovation vs competitive advantage

58:20 - The future of Up

01:01:47 - Mobile-first

01:06:34 - Crypto, NPP & open banking

01:15:15 - Daily routine

01:19:13 - Best purchase under $200

01:20:57 - If he could have a billboard anywhere


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