Fintech startup and Y-Combinator alum GoCardless, which offers a simple way for online businesses to set up and accept recurring payments (a.k.a. direct debits), hit a major milestone this week. The London-based company is now processing over $1bn each year.
It also recently expanded from the U.K. to France, and is currently conducting a beta in Germany, in an attempt to consolidate and simplify the process of accepting direct debits the world over.
This afternoon I got on a call with CEO and co-founder Hiroki Takeuchi to hear the GoCardless pitch and catch up on the startup’s latest news. We also talked candidly about what it’s like when two of your co-founders leave, and the moment GoCardless pivoted to become the success and fintech darling it is today.
You can listen to the full interview below.