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Transparent Venture Capital by Tribe Global Ventures

Founder Focus Ep 8: Simone Joyce of Paypa Plane

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

51 Ratings

🗓️ 10 October 2023

⏱️ 63 minutes

🧾️ Download transcript

Summary

Welcome to Transparent VC, by Tribe Global Ventures, the B2B VC.  The guest for this episode of Founder Focus is Simone Joyce, CEO and founder of Paypa Plane. Paypa Plane helps banks realize value from the billions of dollars they spend maintaining their payment systems. They do this through smart payment agreement infrastructure that sits over the top of all their existing payment types to help customers have one experience. They raised $10million in Series A funding in early 2023, and have an impressive cap table including Commonwealth Bank, Tyro and Mastercard.  Simone describes what she calls a 'weird journey' to Paypa Plane that she could never have predicted. Like many founders, Simone overcame adversities prior to Paypa Plane, and you’ll hear her determination to do what’s right and to succeed come through.  With her brother Jonathan, Simone was able to turn painful situation into an opportunity and Paypa Plane was born.  Simone talks about working with family in business, boards, expanding into the US by relating herself and her family, and what she has learnt so far.  We hope you enjoy the episode as much as we enjoyed the conversation with Simone.  [email protected]

Transcript

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0:00.0

Welcome to Transparent VC by Tribe Global Ventures, the B2B VC.

0:14.0

The guest for this episode of Founder Focus is Simone Joyce, CEO and founder of Paperplane.

0:20.0

Paperplane helps banks realize value from the billions of dollars they spend maintaining their payment systems.

0:26.6

They do this through smart payment agreement infrastructure that sits over the top of all their different types of payment infrastructure to help customers have one experience.

0:35.6

They raise 10 million in Series A funding in early 2023

0:39.7

and have an impressive cap table including Commonwealth Bank,

0:42.7

Tyro and MasterCard.

0:44.5

In this episode, Simone describes what she calls

0:47.1

a weird journey to Paperplane that she could never have predicted.

0:50.9

Like many founders, Simone overcame a number of adversities

0:54.0

prior to Paperplane

0:55.0

and you'll hear determination to do what's right and to succeed come through.

1:01.0

With her brother Jonathan, Simone was able to turn a painful situation into an opportunity

1:06.0

and Paperplane was born. Simone talks about working with family in business, expanding into the US by

1:12.4

relocating herself and her family there, and what she has learned so far. We hope you enjoy this

1:17.7

episode as much as we enjoyed the conversation with Simone. Well, thanks Simone for joining us on the podcast.

1:36.9

I know you're dialing in from evening time in the US.

1:39.6

It's morning over here in Australia.

1:41.6

But great to catch up again.

1:43.3

It's been way too long. I'm really

1:46.8

looking forward to the chat today and having you on. Thanks, Aaron. It's always a pleasure

1:51.6

to talk to you guys. So I'm excited for the next little while. We'll record this.

...

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