Affordable Life for All: The Story of an App with Good Intentions

Episode #16 of the Mass Appeal podcast

In this episode of the Mass Appeal podcast, Tommy gives a call to Akshay Krishnaiah, the visionary Founder and CEO of Beem, an AI-driven fintech app that’s making life more affordable for millions.

Akshay’s journey feels like something out of a movie, starting with his upbringing in poverty in Bangalore, India, and leading to the founding of one of the top 25 fintech companies globally. Tune in, as he tells Tommy about his deep understanding of financial challenges faced by everyday people, drawn from personal experience and even a year spent driving for Uber to reconnect with the community he aims to serve.

Beem’s mission is simple yet powerful: to provide financial inclusivity and relief to those who need it most. With over 5 million downloads and $75 million delivered in emergency funds, Beem app is revolutionizing how people manage their finances, offering services like early access to verified deposits and discounted healthcare, all without income restrictions or credit checks.

Listen in as Akshay discusses the challenges of building a fintech company with a heart, the importance of intent in technology, and how Beem is paving the way for a more equitable financial future. This episode is packed with insights on how to create meaningful solutions that truly make a difference.

Tune in for an inspiring conversation on technology, entrepreneurship, and the drive to empower those who need it most.

What’s the Topic?

Don’t miss out on learning Akshay’s story, which by the end of the episode Tommy called the best he’s ever heard. Akshay will share:

• His most transformative experiences he had on his way to founding Beem
• How Beem educates people about the product
• How Beem employs AI to drive justice in the financial sector
• How the company generated 5 million downloads organically

What to Listen Out for

• 2:50 Akshay’s background and first hustle
• 10:20 Akshay’s path to founding Beem 
• 15:18 Beem’s origin story
• 22:18 Beem’s approach to affordading life
• 27:35 Finding Beem’s market
• 31:07 Bringing good intention to AI
• 36:10 Growing Beem’s millions organically

Quote

“Our mission at Beem is to make life affordable for all. 80% of the world’s working population finds life unaffordable, and we’re using cutting-edge technology to solve that problem.”

– Akshay Krishnaiah, Founder & CEO at Beem