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#139: Dominic Pym of Up Bank and Ferocia

By Jordan Michaelides

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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