Hypercard

Proud to see our CEO, Marc Baghadjian, featured in Fortune discussing the unique communication challenges and opportunities when engaging with Gen Z. Marc’s insights highlight the importance of understanding and adapting to the preferences of this dynamic generation. His leadership and vision are truly inspiring as we continue to innovate and grow. https://lnkd.in/en5-Fd5b

Sam Altman gave these dropouts millions to reinvent the credit card. Nikolas Ioannou and Marc Baghadjian have crazier stories than most young entrepreneurs. Niko is a high-school dropout who sold his healthcare startup to multi-billion dollar Galileo at age 17. As for Marc, he cold-emailed ex-CEO of Apple John Sculley from his dorm room at Babson College, landing millions for his social network idea. Now the duo have teamed up on their new fintech startup: Hypercard. With $15M in funding led by Sam Altman and a special designation as an American Express Network card, Hypercard aims to reinvent consumer credit. The vision more specifically? Create the first credit card backed by employers. So let’s say you’re an employee at Lyft… Hypercard will provide you a metal Lyft American Express Network card for free and you’ll use it just like any other card to pay for stuff. The kicker however, is that all the perks are paid for by your company. These include Amex Network goodies like lounge access and a dining concierge plus discounts from Hypercard's partners and all the benefits your company already offers. The founders are also banking on a disruptive reimbursement feature. When you pay for something with your Hypercard that is expensable, you can get a one-click reimbursement from your company. This means no more waiting for accounting to process PDF invoices and receipt photos to pay you back for corporate expenses. Things are changing so fast. Could credit cards one day be like health insurance plans, where it becomes standard to get them through your employer? #fintech #entrepreneurship #startups