EP 23 How to Build Sustainable Growth in Fintech with Bruce Coombes

In this insightful episode, Saurabh Jain sits down with Bruce Coombes, Founder and CEO of QuickFee, to explore profitable fintech growth, capital allocation, and building long-term shareholder value.Bruce shares his journey from chartered accountant to entrepreneur and explains how QuickFee helps accounting and law firms get paid upfront while giving clients flexible repayment options.The conversation explores QuickFee’s expansion into the United States, the impact of COVID-19, the sale of its payments and software businesses, and the challenges of entering international markets.Saurabh and Bruce also discuss dividends, investor expectations, risk management, market positioning, and potential acquisition opportunities, offering practical lessons on building a profitable business without chasing growth at any cost.This episode is essential listening for CEOs, founders, fintech entrepreneurs, investors, and business leaders interested in sustainable growth, international expansion, and shareholder value.What You'll Learn in This EpisodeBruce Coombes' journey from accountant to fintech entrepreneurHow QuickFee solves payment challenges for accounting and law firmsWhy profitability and dividends can differentiate a micro-cap companyThe challenges of expanding into the US marketLessons from QuickFee's international expansionHow COVID-19 affected the company's growth strategyWhy QuickFee sold its payments and software businessesThe importance of capital allocation and shareholder returnsWhy maintaining low-risk lending is central to the businessGrowth opportunities within the legal sectorHow potential acquisitions can create shareholder valueWhy founders should consider potential future acquirersThe importance of sustainable profits and consistent dividendsWhy authenticity and trust matter in businessAbout Bruce CoombesBruce Coombes is the Founder and CEO of QuickFee. A chartered accountant by training, Bruce previously ran an accounting firm before founding an outsourcing business serving accounting firms. He later founded QuickFee, a fintech company providing financing solutions to accounting and law firm clients.About QuickFeeQuickFee is a fintech and B2B lending company that provides payment and financing solutions to the clients of accounting and law firms. Its financing model allows professional services firms to get paid upfront while giving their clients additional time to repay.QuickFee also provides funding solutions for specific legal matters, including personal injury and estate-related expenses. The company operates across Australia and the United States and is listed on the Australian Securities Exchange under ASX: QFE.Links & ResourcesQuickFeeLinkedIn: https://www.linkedin.com/in/bruce-coombes-36741a8/Website: https://quickfee.com/Connect with Saurabh JainLinkedIn: https://www.linkedin.com/in/saurabhjain10Website: https://ceowhisperer.au/Email: [email protected] the PodcastIf you enjoyed this episode, please consider rating and subscribing:Apple Podcasts:https://podcasts.apple.com/au/podcast/ceo-whisperer-by-saurabh/id1862989706Spotify: https://open.spotify.com/show/6rbvHV1FEDxq91bERv1h8v