Nitika Vyas and Elisabeth Prager | From Finance to Fintech: Building Aila Money

13/08/2024 53 min Episodio 9
Nitika Vyas and Elisabeth Prager | From Finance to Fintech: Building Aila Money

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Episode Synopsis

From Finance to Fintech: The Founders' Journey with Aila MoneyIn this episode of the 'She Founds' podcast, Bhavisha talks with Nitika Vyas and Elizabeth Prager, co-founders of Aila Money, a personal finance app designed to help individuals achieve their financial goals. With backgrounds in finance and a shared desire to make a greater impact, Nitika and Elizabeth recount their transition from the corporate world to entrepreneurship. They discuss their journey in developing their MVP, the pitfalls and triumphs of marketing on social media, and how their friendship plays a crucial role in their startup dynamic. Both founders also shed light on the practical steps they took, the challenges faced as non-tech founders, and their inspirations and self-care rituals that keep them grounded.00:00 Introduction to Founders' Journey00:31 Launching the MVP: Practical Steps01:03 Marketing Strategies on Social Media01:30 Meet the Founders: Nitika and Liz05:59 The Genesis of Aila Money11:11 Balancing Friendship and Business14:34 Managing Parenthood and Entrepreneurship15:48 Transitioning to Full-Time Founders18:31 Building the App: Challenges and Advice28:54 Personalized Messaging Journey29:30 Mastering User Feedback30:42 First Customers and Growth Strategies34:24 Social Media Marketing Insights42:22 Emotional Connection in Finance46:14 Final Thoughts and Advice for Founders

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