Mihai Draghici from PayByFace on how burnout led him to build face recognition payments.
We get into the journey of building a unicorn in the world of biometric payments with Mihai Draghici, the visionary founder of PayByFace.
Mihai shares his story - from early tech ventures and launching new startups to how burnout led him to his revolutionary idea of using face recognition for payments.
What we covered
- From Burnout to Breakthrough: Mihai's experience with entrepreneurial burnout ultimately sparked the idea that became PayByFace.
- Biometric Payments: PayByFace uses facial recognition technology to enable seamless, contactless payments - no phone or card needed.
- 7 Years of Development: With 12 million lines of code, PayByFace represents years of dedicated engineering and iteration.
- Mass Adoption Challenges: Mihai discusses the technical and regulatory hurdles of bringing biometric payments to the mainstream.