THINGS UP SINCE THE PANDEMIC
STARTED 63% OF EMPLOYEES
REPORTED THEIR FINANCIAL STRESS
INCREASED.
>> AND MORE THAN 80% WHEN
ADVICE. VALIDATION FOR THEIR
FINANCIAL DECISIONS ORIGIN AND
EMPLOYEE FINANCIAL WELLNESS
PLATFORM IS ANNOUNCING IT
56 MILLION DOLLARS FUNDING
ROUND TO SCALE UP ITS PLATFORM
TO HELP EMPLOYEES BE
FINANCIALLY. WELL. JOINING ME
NOW IS ORIGIN CEO AND
CO-FOUNDER MATT WATSON AND ON
THAT THANKS SO MUCH FOR COMING
ON
THE SHOW SO TALK TO ME ABOUT
HOW YOUR COMPANY IS SEEN OUT
ITS MISSION.
>> THANK YOU SO MUCH FOR HAVING
SO OUR MISSION IS TO HELP
EMPLOYEES EVERYWHERE
UNDERSTAND MONEY. SO WE DO IS
WE GO TO COMPANIES THEY BRING
US AND AND WE WORK THEIR
EMPLOYEES TOO REALLY PROVIDE
WHITE LOT OF FINANCIAL PLANNING
SERVICES ACROSS THE BOARD TO
HELP PEOPLE WITH REALLY SIMPLE
THINGS LIKE CREATING BUDGETS
UNDERSTANDING THEIR STUDENT
THAT.
ALL THE WAY INTO FILING TAXES
UNDERSTANDING THEIR EMPLOYEE
STOCK OPTION WHICH IS BIG RIGHT
NOW WITH THAT THE NUMBER OF
ICU'S THAT WE'RE SEEING ALL THE
WAY THROUGH FILING TAXES AND SO
WE WANT TO DO IS
HELP PEOPLE UNDERSTAND AND MAKE
THE
MOST OF ALL THE ALL THE HARD
WORK THAT THEY'RE PUTTING IN
ALL OF THE MONEY THAT THEY'RE
BRINGING IN AT THE END OF THE
DAY MAKING SURE THE BACK AND GO
AS FAR AS HUMANLY POSSIBLE.
>> SO IF YOU RAISE 56 MILLION
DOLLARS I SEE. IN A RECENT
FUNDING ROUND IS IT LIVE OUR
EMPLOYEES ENGAGED WITH US RIGHT
NOW.
>> ABSOLUTELY YEAH SO WERE WITH
THOUSANDS OF EMPLOYEES TODAY,
HUNDREDS OF THOUSANDS
OF ACTUALLY AND I THINK THAT'S
THE REASON WE RAISE THIS ROUND
OF FINANCING IS BECAUSE REALLY
THE STAFF THAT YOU INDICATED,
WHEN WE STARTED THE SEGMENT
HERE MONEY SOMETHING IT'S VERY
VERY
COMPLICATED FOR EFFECT PEOPLE
FROM ALL WALKS OF LIFE FROM
FOLKS ARE JUST OUT
OF COLLEGE. ALL THE PEOPLE WHO
ARE EXECUTIVES AT THE COMPANY
MAKING HUNDREDS OF THOUSANDS OR
MILLIONS OF DOLLARS. IT'S A
TABOO TOPIC. PEOPLE DON'T FEEL
COMFORTABLE SPEAKING ABOUT
GENDERED FRIENDS OR FAMILY AND
MANY TIMES THE FINANCIAL
ADVISORS IN THE TRADITIONAL
WEALTH MANAGEMENT CENT ARE OUT
OF REACH FOR THE
AVERAGE EMPLOYEE. SO WE COME IN
THE DEMAND FROM THE EMPLOYEE
BASE JUST BEEN ABSENT
EXCEPTIONAL WE'RE SEEING OVER
HALF. THE COMPANY COME IN
IN MANY INSTANCES AND WORK WITH
US AND WE CAN HELP THEM CREATE
A FINANCIAL PLANNER IN THE
OTHERWISE DON'T KNOW WHERE TO
GO THEY DON'T KNOW WHO TO GO TO
ASK THESE COMPLICATED MONEY
QUESTIONS TOO.
>> OK, I'VE BACKED BY THE
FORMER CEO OF TWITTER CASTILLA
THAT'S A PRETTY GOOD
ENDORSEMENT. WHEN IT COMES TO
WHO IS PAYING FOR YOUR SERVICES
IS IT THE EMPLOYER, IT'S BEEN
OFFERING IT TO
ITS EMPLOYEES OR IS IT
INDIVIDUAL EMPLOYEES THAT ARE
SEEKING YOUR SERVICES
INDIVIDUALLY.
>> THAT'S THE BEAUTY OF OUR
PRODUCT. IT IS EMPLOYER PAID
YOU GO TO A COMPANY WE WORK
WITH AN INDIVIDUAL WE REMOVED
ANY INCENTIVE FOR.
>> OUR SIDE OF THE HOUSE TO
SELL A PRODUCT TO THE
INDIVIDUAL BECAUSE THE
COMPANY'S PICKING UP THE TOP SO
IN SOME COMES IN THEY'RE
EMPLOYED QUESTION ABOUT ANY
NUMBER OF THE ITEM.
SO WE'VE ALREADY DISCUSSED THEY
CAN COME TO US KNOW THEY'RE
GETTING 100 100% UNBIASED
ADVICE. I THINK THAT'S A REALLY
SIGNIFICANT PIECE WHAT WE DO
WANT TO CREATE A SAFE PLACE FOR
SOME CAN COME IN AND SEE IF
THEY'RE NOT BEING
SOLD TO AND FOR THE VAST
MAJORITY
OF AMERICANS YOU KNOW FOLKS WHO
ARE WEALTHY ENOUGH TO MEET WITH
A WEALTH MANAGEMENT FIRM WHERE
THEY HAVE A MINIMUM OF MULTIPLE
MILLIONS
OF DOLLARS. THEY'RE GOING TO BE
GOING TO AN INSTITUTION THAT'S
GOING TO TRY TO SELL THEM AN
ANNUITY PRODUCT OR SOME SORT OF
INSURANCE PRODUCTS HELP WITH
THEIR TIME. WE WANT TO BE A
PLACE WHERE THEY CAN COME IN
SACRED, I'M GOING TO GET THE
INFORMATION THAT I NEED THESE
FOLKS ARE GOING TO HELP ME PUT
THIS INFORMATION AND GAME PLAN
INTO ACTION. SO I KNOW THAT I'M
DOING THE RIGHT THINGS WITH MY
MONEY.
>> NOW IT'S A PLAN TO SCALE
FROM HERE. MATT IS IT IS IT
GETTING MORE EMPLOYERS ON
BORDER IS OFFERING NEW
SERVICES.
>> IT IS STARTED IS ALWAYS A
PUSH POLL RIGHT I MEAN I THINK
THE THE FIRST THING YOU WANT TO
DO IS HAVE A
PRODUCT THAT YOUR CUSTOMER LOTS
THAT IS BY FAR THE MOST
IMPORTANT THING I'D RATHER HAVE
ONE CUSTOMER THAT THINGS WERE
THE GREATEST THING THAT'S EVER
HAPPENED THEIR BUSINESS THAN A
100 YOU THINK
WE'RE AVERAGING AND SO THAT'S
REALLY WHAT THE FIRST 2 TO 3
YEARS OF OUR BUSINESS HAVE BEEN
GONE OUT WE'VE JUST WORKED
INCREDIBLY CLOSELY WITH OUR
CUSTOMERS WITH THEIR EMPLOYEES
TO MAKE SURE THAT WE'RE
DELIVERING A SERVICE THAT IS BY
FAR THE BEST IN
OUR INDUSTRY. I THINK WHEN YOUR
COMPANY EW COM PUSH OUT THAT'S
WHEN YOU GO TO YOUR INVESTORS,
YOU KNOW CURRENT AND NEW NEW
SAY HEY LOOK WE'VE GOT THIS
THIS PRODUCT THAT COMPANIES
CAN'T DO. WITHOUT LET'S GO TRY
TO REACH THE MASSES AND SO
THAT'S A BIG PART OF WHERE WE
ARE AS A BUSINESS NOW WE'VE
REALLY CRACKED THE NOT AND WHAT
IT MEANS TO DELIVER FINANCIAL
PLANNING AT SCALES TO EMPLOYEES
NOW WE WANT TO GO AND OBVIOUSLY
REINVEST IN THAT PRODUCT ME
INVEST IN THE THINGS THAT WE'VE
LEARNED NOW WE WANT TO TAKE IT
YOU KNOW OBVIOUSLY THE REST
UNITED STATES. BUT INTERNET
NATIONALLY AS WELL.
>> SO LET ME ASK THIS OUT WE'VE
SEEN RETAIL TRADING
BECOME MUCH SHOULD MORE POPULAR
DURING THE PANDEMIC REALLY THE
PAST 3 YEARS OR SO SINCE ROBIN
HOOD TO THIS TRAINING FEES TO 0
AND THE RISE OF CRYPTOCURRENCY
AS SIDE BY SIDE THAT DOES
YOUR COMPANY OFFER ADVICE IF
SOMEONE COMES TO YOU
AND SAYS I WANT TO KNOW WHAT I
SHOULD BE BUYING AND SELLING
OUT WITH MY RETAIL TRADING
MONEY AND OR SHOULD I BE
GETTING INTO CRYPTO CURRENCY.
WHAT DO YOU SAY.
>> ABSOLUTELY THE WE GET THOSE
QUESTIONS REGULARLY. OUR
BUSINESS IS NOT ABOUT
SPECULATIVE NATION AND BEATING
THE MARKET OUR BUSINESS
IS ABOUT EDUCATING INDIVIDUALS
AS TO WHAT THE VALUE OF
INVESTING FOR THE LONG TERM IS
MOST OF OUR
CUSTOMERS ARE COMING IN THEY'RE
IN THEIR LATE 20'S INTO THEIR
MID 30'S ARE STARTING FAMILIES,
THEY'D LIKE TO BUY
HOME THAT YOU HAVE GOALS TO
RETIRE AT SOME POINT AND SO OUR
JOB IS A BUSINESS IS TO IS TO
SHOW THEM THE SAFEST POSSIBLE
WAY FOR THE NEW CONGRESS IS
GOES AND ALSO THE STEPS THAT
THEY'RE GOING TO HAVE TO TAKE
IN ORDER TO DO THESE THINGS.
I
THINK THAT THE THIS MORNING,
THE GROWTH OF THE RETAIL
TRADING. THE CRYPTO YOU KNOW
ACID APPRECIATION IS YOU KNOW
AS SEPARATE PART OF KIND OF
FINANCIAL
WORLD THAT WE DEFINITELY
WOULDN'T ADVISE PEOPLE TO GO
NESTLE DIVE INTO
RIGHT AWAY. WE'RE MUCH MORE
ABOUT WEALTH PRESERVATION
WEALTH GROWTH AND REALLY
UNDERSTANDING WHAT IT'S GOING
TO TAKE YOU CAN ORDER TO KEEP
YOUR FAMILY SECURE AND ALSO
HOPEFULLY RETIRED SOME POINT
WELL THOMPSON FEW THESE GOALS
ALONG THE WAY LIKE HELPING YOUR
KIDS THROUGH SCHOOL PAYING OFF
STUDENT DEBT AND REALLY
REDUCING THE STRESS AROUND
MONEY SO WHEN PEOPLE
COME IN THEY THE FEELING THAT I
HAD A GAME PLAN THAT I THINK I
CAN EXECUTE ON TO ENSURE THAT
MY FAMILY SAFE AND THAT WE ARE
GOING