In this episode of And I Quote host Bryan Thomas sits down with Cody Eddings, co-founder of Snap Refund Snap Refund is an instant digital payment platform.
Snap Refund’s mission is to empower the underserved and under-banked with digital payments and give them better control over their money. Specifically designed for sectors where transactions typically occur slowly (aka insurance!), Snap Refund is currently focused on the insurtech sector.
With features like Snap Wallet and instant payments, Snap Refund meets their customers where they are and removes the barrier of entry for them. The conversation focused on a number of exciting themes, from how Cody got his start as an entrepreneur to why the insurance industry needed to disrupt payments in the space.
Cody underlined that insurance has the potential for disruption but also a lot of resistance to disruption. It’s a prime space for change despite the challenges. However, seeing the opportunity for payment solutions providers in the space, Cody forged ahead with his idea to bring improvements. Specifically, when a claim occurs, instant and digital payment capabilities are a key differentiator and need that previously had not existed.
Digital payment solutions are transforming the insurtech industry. Go deeper and listen to the And I Quote episode featuring Cody.