Episode description

Welcome back, The Recursive Community! Our summer season is starting off hot with one of the stars of the European fintech world -  Victor Trokoudes, the co-Founder and CEO of the AI money management app Plum.

Plum is a European smart money app that aims to grow people’s wealth through automation. It's built to improve financial outcomes for everyone by helping customers save, invest, budget, and spend. The company currently has over 1.3 million customers in Europe.

As Victor Trokoudes explains it himself, the idea for building Plum was to have “a button that you press and your financial life is sorted out.”

Victor is a Cypriot-Canadian serial entrepreneur with an educational background from  from Harvard and INSEAD. He started his career on the trading floor at Morgan Stanley. Victor then joined the small team of 5 at TransferWise in London. When he left the company several years later, they were 500+ people, present in 25 markets.

Despite his success in the corporate world and clear future prospects, Victor always knew he wanted to go down the entrepreneurial path. Following his interest in payments, he first founded PoS terminal reseller BlueBird and exited later.

Today, Victor Trokoudes lives and operates his business between three countries, the UK, Greece, and Cyprus.

In his conversation with Irina, he talks about:

🆙 What it takes to scale a company from 5 to 600 people;

🔭‍ Why it is important to think big when launching a start-up;

💳  When to start saving and how to build a proper investment strategy;