In 24 hours this weekend, more users joined Fizz than in the months of January and February combined. Today, a new user has started signing up for Fizz every minute. Let’s get into the data. When we launched, we spent months campus hopping, to learn from students and spread the word about financial adulting and credit building. What did the data show? 80% of students came to us with no or very limited credit history. Now, those same cohorts of Fizz users have been with us for between 8 and 11 months, many have great credit scores, and we noticed something very interesting in the data. After between 6 and 8 months of using Fizz, users who came in with no credit start referring friends at >500% the rate that they did in months one and two. Upon discovering this, engineering and growth sprinted to ship a new version of our referrals infra that would better support and reward our best users in referring their friends, family, and networks on campus. Last week, we launched referrals v3 - giving users Minimum-Viable-Awkward tools to explain credit building to their friends (after all, you’re doing them a solid!), and much better aligned referral bonuses. The results speak for themselves. Excited to enter the last month of our first year in business on a high.
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Fizz is in the news once again! Check out the latest article about Fizz, this time from Crain's New York. Thanks to Fizz, building credit as a college student has never been easier. With normal student credit card companies encouraging debt and charging sky-high interest rates, it's clear why Fizz is turning heads on college campuses around the country. Read more below! #fintech #startups #collegestudents #personalfinance #credit #creditbuilding #students
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🚀 Introducing Fizz Premium: Your Ultimate Financial Companion! We are thrilled to unveil Fizz Premium, designed to elevate your financial journey and help you achieve your goals. Here's what you can look forward to: ✦ Access Smart Budgeting and 1:1 Financial Coaching ✦ Become an expert with our Financial Literacy Courses ✦ Get Advanced Credit Monitoring ✦ Choose a Weekly 3x Points Category ✦ Win with Surprises on Fizz Fridays Discover all these features and more in the Fizz app today ✨
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Exciting things are cooking on the Social Team at Fizz and we're looking for talented interns to join the team ASAP! Are you currently a student at a 4-year university and have a passion for creating YouTube videos, discovering social media trends, and have a strong creative eye? If this sounds like you or a friend, we'd love to see what you can do! Apply here: https://lnkd.in/epXwnMGn
Social Media Marketing Intern - Fizz
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POV: You work at Fizz and just spent a week in Miami for an offsite with the team! 🌴🛩 💼 Last week, our team reunited for our second annual offsite to plan for an incredible 2024. After 3 days, 2 stacks of sticky notes, and a lot of time spent in 1 conference room, we can’t wait to unveil what’s to come! Beyond the hard work, our team also got spend quality time together on a sunset cruise, gator tour, and saw the beautiful art all around Miami. 🐊 We are SO PUMPED for the future of Fizz 💪 stay tuned. Want to be part of the journey? Come join us! ️ ⚡️We’re hiring: https://lnkd.in/dDF9UjQN
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Agent Trainee at United Talent Agency
8moAll thanks to Caleb Hammer.