About this episode
In today’s episode, Martin speaks with Eline Blomme, who is VP of products at Truelayer. Founded in 2016, Truelayer is a fast growing UK fintech that has become one of Europe’s leading open banking payment platforms. In our conversation, we discuss variable recurring payments, or VRPs for short, which are an important new way to initiate recurring payments via new open banking technology. VRPs offer significant economic as well as social benefits to all stakeholders. VRPs can be used in two different ways — sweeping and non-sweeping. Sweeping enables customers to automatically move money between bank accounts in their name and arrange recurring payments — for example to repay a loan or move funds to a savings account. Non-sweeping use cases include fixed and variable subscriptions, allowing businesses to take payments for things such as energy bills, rental payments and streaming services. Eline explains why VRPs are considered important and what Truelayer is doing to advocate for their wider use.
Listen to the episode
Episode Links
Linkedin: https://www.linkedin.com/in/eline-blomme-b2b18733/
Email: eline.blomme@truelayer.com
Guest Bio
Eline is Vice President of Product at Truelayer where she focuses on open banking for the eCommerce segment as well as developing relevant value-added services on top of payments. Eline has been working in the payments industry for almost a decade. Prior to Truelayer, she was responsible for the Digital Commerce product management team at Worldline, which is the largest merchant acquirer and payment processor in Europe and the 4th largest payment player worldwide.
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Martin Koderisch is a Principal in the London office. He assists payment and fintech companies of all sizes to excel at commercial execution including GTM, growth strategy & partnerships development. Martin also works with private equity clients on due diligence and post deal value creation. He offers a unique perspective based on 15+ years of experience across consulting and industry roles. Prior to joining EDC in 2015, Martin held senior operational positions developing, launching and growing payment and fintech products and services via direct sales, and strategic partnerships at start-ups and corporations including MasterCard and Citibank, and at pricing consultancy Simon-Kucher & Partners. Outside of work, Martin likes to tinker about on guitar.
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