1bill facilitates its customers with the ability to consolidate, view and pay bills, switch to better deals, and unlock a ‘Bill Now Pay Later’ function all in one place, while earning rewards.
At a time of significant national economic unrest coupled with rising household bills, like broadband, utilities, energy, insurance, Council, Telco and pay TV, 1bill offers the only end-to-end solution to bill management putting everyday Australians back in control of their finances.
1bill enters Australian bill management sector
As a first mover into the emerging and fragmented household bill management sector, 1bill is the innovation of seasoned business builder, Neil Saligrama and his talented team.
Neil Saligrama this year successfully celebrated spending ten years at one of Australia’s largest and leading utility connection and comparison platforms, Compare & Connect.
Originally being a bootstrapped startup, Compare & Connect is currently heading toward a $100 million valuation with a dedicated team of 200 talented individuals across Australia.
1bill Founder and Chief Executive Officer, Neil Saligrama expressed his enthusiasm.
“The problem that 1bill is seeking to solve is very current in the need to provide an end-to-end solution for making bill management and payment easier and more affordable.”
“By offering both management and payment capabilities in one app, the platform is well placed to meet the evolution of the industries in which we operate well into the future.”
“1bill is helping to bring convenience, control, savings, better data and insights for not only consumers but also the retailers and businesses we partner with in Australia.”
1bill supports Aussie homes to alleviate bill shock
Leveraging the existing Compare & Connect platform as one of the app’s multi-faceted functionalities, 1bill users can view similar offers from a broad range of providers.
Australians can switch without ever leaving the 1bill app environment, using its 500k connections and diverse retailer relationships to ensure that customers get a better deal.
In addition, 1bill users are able to connect and receive all household bills via the platform, including viewing real-time cost effectiveness to alleviate bill shock at the end of the month.
Users of the platform can easily elect to either automatically, or manually pay their household bills via the app and 1bill will regularly generate a budget and spending analysis.
Every single action taken by the user within the mobile application enables the users to earn 1bill points and badges in order for the users to unlock and redeem special offers.
1bill has recently partnered with LatitudePay to provide a strategic and unique ‘Bill Now Pay Later’ service so that users can avoid financial setbacks when large bills come in.
This partnership is enabling payments to be made over ten weeks, interest free.
Conceived with SMEs in mind, 1bill’s technology can be whitelabelled by companies looking to enhance data capture, consumer experience and retailer engagement processes.
1bill excited to disrupt Australian market
“Bringing 1bill to the lives of Australians has been an incredible result of many years of careful thought, foresight, planning and the incredible talent of our dedicated team.”
“We are extremely thrilled to be ready to launch at a time when we feel that our technology can make a meaningful difference for Australians who wish to become more budget conscious but lack the time required to research and analyse the options available.”
“1bill is an Australian solution to a global problem and we’re excited to grow the business locally with consumers, retailers and partners while getting ready to expand globally.”
1bill is a certified Australian Made™ company that is proudly designed, owned and successfully operated by some of the best and dedicated local Australian talent available.
1bill’s founder, Neil Saligrama is the primary investor and owner of the company, holding the majority of shares with Doma Group-Canberra holding a significant stake in the firm.
Immediate plans for the startup include launching 1bill into the New Zealand market as a first step in the company’s global expansion, launching other app functions with targeted support for small businesses, as well as Bundle & Split payment capabilities.