Billd CEO Chris Doyle joined Jason Pereira on the Fintech Impact podcast to talk about Billd’s growth as a company. The two also shed light on the problems that Billd aims to solve, and how the company is doing so.
In discussing everything from the rising technologies in the construction industry to what has surprised Chris the most about building this business, the conversation holds nothing back. Can you guess what Chris identifies as the biggest internal issue at Billd? It’s the taste in music around the office – that surprised us too!
But, as you’ll hear, Billd was founded in order to solve a problem that plagues the entire construction industry: the misalignment of the construction payment cycle – specifically the negative impact it has on contractors who get paid late despite fulfilling all of their obligations. It is this issue that drove the creation of Billd, and that continues to drive us forward.
“It made me realize how broken this system is, and how – in construction – contractors rely so much on those upfront payments. And oftentimes, it’s a limiter to growth and even starting the business altogether.” – Chris Doyle