In this episode of DigFin VOX, startup founder Julian Anderson talks about how his fintech, Divit, is combining rewards systems and other services for merchants with real-time payments.
He tells DigFin‘s Jame DiBiasio that Divit is now working with Citibank to help it grow its merchant acquiring network, and how the bank is helping Divit scale beyond its home market of Hong Kong.
Julian shares the story of his career and the origins of Divit, and what to expect in 2024.
- Timecodes:
- 0:00 – Julian Anderson, Divit
- 0:43 – His work digitizing payments for insurance companies – trends in real-time payments
- 8:13 – Founding Divit
- 12:46 – Pivoting from consumer payments to merchants
- 13:58 – Helping merchants manage reward programs
- 17:03 – And helping merchants with chargebacks and other needs
- 20:00 – Working with Citi to provide real-time payments to merchants
- 22:28 – The growth of banks’ merchant acquiring business
- 23:56 – Linking rewards to merchant acquisition
- 26:25 – Scaling Divit beyond Hong Kong
- 29:24 – Funding and 2024 ambitions
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- Source: https://www.digfingroup.com/julian-anderson-divit/
