Placid Money allows people with good credit scores to significantly lower interest rates on their credit cards while keep using them. Users connect their credit cards to the mobile app and get a revolving credit line in under 10 minutes. Placid tracks and automatically pays off any expensive balance on connected cards, saving users thousands of dollars on interest charges and helping them pay off card balances faster and improve credit scores.
Abdullo is the co-founder and COO of Placid Money. He has a 15 years management tenure in credit risk, compliance, operations, and technology with the largest financial institutions in Europe and the Asia Pacific (JPK, ASEAN, ANZ, Greater China).
Alex is the co-founder and CEO of Placid Money. Alex led credit at Nordea Bank and MDM Bank. He's a 3x founder, 2x YC. Alex has an advance degree in machine learning, was a late stage venture investor in the machine learning space, and is a huge fan of fundamental physics and artificial intelligence research.