Hypercard Founders Selected by Forbes 30 Under 30 In Finance.
It gives us great pleasure to announce that the Hypercard co-founders, Marc Baghadjian and Nikolas Ioannou were selected by Forbes in their 2024 30 Under 30 in the category of Finance! From the Forbes article:
Marc Baghadjian and Nikolas Ioannou met at a tech startup event, and each had already started his own company (Baghadjian, a dating app, and Ioannou, a health tech startup). In 2022, they cofounded Hypercard, an American Express network credit card that's a hybrid of a personal and corporate card. It's a personal card first: the card is in your own name, you pay the bill and you get the rewards points. But you can only get it through your employer. You get employee discounts when you use it, and you can tag specific expenses to send automatically into an expense report. Lyft has signed a letter of intent to become a customer, and Hypercard is piloting it with some other customers, including shopping site Whatnot, according to Baghadjian. They plan to make money on interchange and by charging employers $4 to $8 per person, per month. Sam Altman has invested $2.5 million in the company, Baghadjian says.
Originally featured on: Forbes