FYPM

FYPM

Platform for influencers to compare payment data

About

FYPM operates as a platform for social media creators and influencers to compare payment rates for brand campaigns. It allows users to view and sort payment data based on various factors such as industry, brand, social media platform, and follower count. This service is particularly beneficial for influencers, ranging from those with smaller followings to those with millions of followers, as it helps them understand market rates and negotiate better deals. The platform relies on crowdsourced data, where influencers anonymously share their payment information from brand collaborations, which is then aggregated for other users. FYPM generates revenue through a subscription model, offering basic information for free while charging for access to more detailed data and features. The goal of FYPM is to provide transparency in payment data, empowering influencers to make informed decisions and secure fair compensation for their work.

Company Stage

Seed

Employees

1-10

Industries

Consumer Software, Social Impact

Total Funding

$1.6M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • FYPM empowers influencers to negotiate better deals, potentially leading to higher earnings and more equitable brand collaborations.
  • The rapid growth of the influencer marketing industry provides a fertile ground for FYPM's expansion and user base growth.
  • The platform's unique value proposition of payment transparency can attract a loyal user base, driving subscription revenue.

What critics are saying

  • Reliance on user-generated data may lead to inconsistencies or inaccuracies, affecting the platform's credibility.
  • The competitive landscape of influencer marketing platforms could pose challenges in user acquisition and retention.

What makes FYPM unique

  • FYPM uniquely focuses on payment transparency for influencers, a niche yet critical aspect of the influencer marketing industry.
  • The platform's crowdsourced data model provides real-time, user-generated insights, unlike traditional market research firms.
  • FYPM's tiered subscription model offers both free and premium access, catering to a wide range of influencers from micro to macro.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-33%

Benefits

Competitive compensation

Medical, dental, and vision insurance

Flexible time-off plan

Remote-first work environment

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