The Spriggy Story: The Process To Get One Million Customers.

By Dexter Cousins on 21/02/2025

Alex Badran, Spriggy

The Spriggy story returns to Fintech Chatter Podcast. Five years after his debut, our most-requested guest ever is back sharing his path to one million customers.

Dexter Cousins chats to Alex Badran, the founder of Spriggy, a fintech app designed to help parents teach their children about money management. 

Reaching One Million Customers

Spriggy reached the very high bar of one million customers in back in 2022. A massive accomplishment for any Australian consumer focused Fintech App.

This isn't just another success story - it's a masterclass in scaling consumer fintech in a challenging market.

Alex shares his decade-long journey with Spriggy, how they've grown to 1.2 million users, and the importance of real-world financial education for kids. 

Join us as Alex walks us through the process of building a category and product that has captured the hearts and minds of millions of Australian families.

Favourite quotes 

"We created a category that didn't exist before."

"You can't outsource growth to a partner."

"Your ability to learn is what matters."

Chapters

00:00 Introduction and Background of Spriggy

03:58 The Problem Spriggy Solves

07:13 Understanding User Needs and Early Development

10:10 Adapting to Growing Users and Changing Needs

13:07 The Impact of Technology on Kids' Financial Education

15:57 Growth Strategies and Market Positioning

19:12 Partnerships and Their Role in Growth

22:12 Lessons Learned and Personal Growth as a Founder

29:10 The Importance of Learning and Enjoying Work

30:59 Authenticity in Leadership

33:33 Navigating Team Dynamics and Cohesion

37:00 Adapting to Economic Changes in Hiring

41:49 Future Vision for Spriggy

47:28 Behavioral Education and Parenting

51:56 Podcast intro vid no audio.mp4

About Spriggy

Spriggy is Australia’s #1 Pocket Money app that helps kids learn about money. Spriggy was founded in 2016 with a clear mission to help parents teach their kids about money. 

We believe that financial literacy is a crucial life skill, one that lays the groundwork for a secure and confident future. 

By learning how to manage money from a young age, kids are empowered to make informed financial decisions as they grow, mastering everything from saving and spending to setting goals and budgeting.

Download Spriggy 

Explore Careers at Spriggy

Article written by Dexter Cousins
Founder of Tier One People and host of the Fintech Chatter Podcast.

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