Wharton FinTech Podcast

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Connecting you with the leaders, ideas, and companies that are reinventing global financial services. Our guests are the top FinTech founders, executives, investors, and thinkers from across the world. Follow us for more FinTech content including videos, blogs, and analysis by searching @whartonfintech on your preferred platform.

Wharton Fintech Podcast


    • Jul 13, 2022 LATEST EPISODE
    • every other week NEW EPISODES
    • 33m AVG DURATION
    • 384 EPISODES

    Listeners of Wharton FinTech Podcast that love the show mention: miguel, great way to stay, ryan, financial, speakers, industry, business, 5 stars, relevant, interview, guests, informative, excellent, host, interesting, best, great podcast, listen, wharton fintech, fintech podcast.



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    Latest episodes from Wharton FinTech Podcast

    Steffen Pauls, Founder and CEO of Moonfare - Democratizing Private Equity

    Play Episode Listen Later Jul 13, 2022 39:00

    Tarang Gupta sits down with Steffen Pauls, Founder and CEO of Moonfare. Moonfare is a platform that is democratizing Private Equity, an asset class traditionally accessible to a select few individuals and organizations, by lowering investment minimums, conducting due diligence on funds, and eliminating barriers to entry for retail investors. In this episode you will hear about: - The inspiration behind starting Moonfare - Evolution of the global private equity market - Strategically approaching international expansion And much more! About Dr. Steffen Pauls Dr. Pauls began his career at the Boston Consulting Group, where he led project teams covering strategic and operational projects at publicly listed European companies. He brought his experience as a consultant to KKR, where as a managing director he was responsible for the German market. Dr. Pauls also holds advanced degrees from the University of Trier, Harvard University, and the University of Mannheim. About Moonfare Moonfare is a platform that is revolutionizing private markets investing. Moonfare recently ranked as one of LinkedIn's top 10 startups in Germany. For more information please visit www.moonfare.com For more FinTech insights, follow us below: WFT Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech WFT Instagram: instagram.com/whartonfintech Tarang's Twitter: twitter.com/tg_tarang Tarang's LinkedIn: linkedin.com/in/taranggupta100

    Victor Fimbres, Co-Founder & CTO of Forage - Building the Stripe for Government Benefits

    Play Episode Listen Later Jul 6, 2022 35:02

    Gabriela Ariana Campoverde sits down with Victor Fimbres, Co-Founder and CTO of Forage, a third-party payments processor which helps grocers accept Electronic Benefit Transfers, or EBT, online. Forage is on a mission to create a world where all families with any budget can afford a meal. Today over 42 million people receive EBT benefits or food stamps. This is government support to pay for groceries. 14% of all grocery spend is paid with EBT, but only 5% of this was online. When Forage first started there were less than 20 merchants who could process EBT online. Today there are close to 100 merchants — and Forage is just getting started. In this episode you will learn all about how Forage was started during the COVID-19 pandemic when going to a grocery store was impractical, specifically in food deserts across the country. You will also learn about the obstacles Forage overcame to build its current API, how they successfully completed the Y-Combinator accelerator last summer, and all about Victor's and his Co-Founder Justin's passion for making technology accessible to those who need it the most. About Victor Fimbres Victor Fimbres is the Co-Founder and CTO of Forage. Prior to founding Forage, he was a Software Lead at TreeStack and ROBO 3D. He is a graduate of Northwestern University where he studied Psychology and Environmental Policy & Culture. About Forage Forage is a third-party payment processor (TPP) and a pin provider that authenticates and processes EBT recipients and transactions. For additional information on Forage, please visit joinforage.com. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Anat Guetta, Chairwoman, Israel Securities Authority (ISA) - Fintech Regulations in Israel

    Play Episode Listen Later Jul 5, 2022 23:13

    Tarang Gupta has a conversation with Anat Guetta, Chairwoman of the Israel Securities Authority. The Israel Securities Authority (ISA) is the national securities regulator of Israel. Established by law in 1968, which defines the ISA's role "to protect the interests of the public investing in securities." ISA is active in two main areas: protecting investors; developing the regulatory infrastructure, tools and products for an advanced, diverse, competitive and innovative public capital market. In this episode you will hear about: ­-What makes Israel such an innovative country ­-Use and adoption of blockchain in capital markets ­-Open banking regulations in Europe and Israel And much more! About Anat Guetta Anat Guetta is the Chairwoman of the Israel Securities Authority. Anat is a serial entrepreneur who started her career in the banking industry, managing credit risk products and project finance. She then founded and led Arko Holdings; a public company listed on the Tel Aviv Stock Exchange. Anat is also the co-founder of Entropy Financial Research Services where she served as the CEO and led the development of a corporate governance index, and a debt management policy before joining the ISA. About Israel Securities Authority The Israel Securities Authority (ISA) is the national securities regulator of Israel. ISA currently oversees a broad array of activities in the capital market, including the Tel Aviv Stock Exchange. For additional information on ISA, please visit www.isa.gov.il/ For more FinTech insights, follow us below: WFT Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Tarang's Twitter: twitter.com/tg_tarang Tarang's LinkedIn: linkedin.com/in/taranggupta100

    Steve Fredette, President, Co-Founder of Toast - Helping Restaurants Delight Their Guests

    Play Episode Listen Later Jun 27, 2022 36:40

    Gabriela Ariana Campoverde sits down with Steve Fredette, President, Co-founder and a Director of Toast. Toast is an all-in-one point-of-sale and restaurant management platform for businesses in the food service and hospitality space. Since its inception in 2011 it has helped clients delight their guests, do what they love and thrive. In this episode you will hear about: - Toast's humble beginnings - What new features better served Toast clients during the pandemic - What innovation Steve is excited about for the restaurant industry - All about Toast's culture - And much more! About Steve Fredette Steve Fredette is President, Co-founder and a Director of Toast, where he leads product and innovation initiatives. Prior to Toast, he worked on mobile app development before the iPhone came out, creating the first Flickr and Shoebuy.com apps. At Endeca, now Oracle, he co-founded their mobile commerce business, building the product team and driving sales, marketing, and services to over $10 million in revenue in two years. He is a graduate of the Massachusetts Institute of Technology, where he studied Chemistry. His favorite toast is Marble Rye. About Toast Toast is an all-in-one point-of-sale and restaurant management platform for businesses in the food service and hospitality space. For additional information on Toast, please visit pos.toasttab.com. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Startup Special! Wharton's Top Fintech Startups with Gaby Campoverde, John Garner, and Nate Soffio

    Play Episode Listen Later May 18, 2022 42:34

    In today's special episode, Anirudh Singh sits down with classmates and fintech founders Gaby Campoverde, John Garner, and Nate Soffio. They discuss their rising startups, Miren, Card Curator, and Portabl, as well as the impact the Wharton MBA has had on their respective companies. Gaby Campoverde: Gabriela Ariana Campoverde is CEO and Founder of Miren. She is currently an MBA candidate at The Wharton School and Masters in Computer and Information Technology at Penn Engineering. Prior to her graduate studies she worked at a WPP agency, American Express and Goldman Sachs. She is passionate about building products for working-class, immigrant communities across the US and is a proud New Yorker. She studied Art History and Linguistics at Swarthmore College. Website: https://www.getmiren.com/ John Garner: John Garner is the CEO and co-founder of Card Curator, a credit card rewards optimization app. Prior to starting Card Curator, John spent 5+ years as a volatility trader for Merrill Lynch, and left his Wall Street job to follow his real passion: credit card rewards and travel. John went on to invent the Card Curator algorithm called CardArb, which nets its users 5–10% or more in rewards on their daily card spending. He's an expert in all things related to credit cards and free travel, and loves helping others crack the code in the points and miles game with the Card Curator app. John holds a Bachelor of Arts in Economics and Psychology from Dartmouth College, and a Master of Business Administration from the Wharton School of the University of Pennsylvania. Website: https://www.cardcurator.com/ Nate Soffio: Nate is in the home stretch of his MBA at Wharton, where he serves as Co-President of Wharton Fintech. He spent 10 years building and launching identity-focused products at startups in the US and in the UK/ EU, specializing in the know-your-customer (KYC) landscape and privacy-preserving adtech. Right before Wharton, he lead KYC at Arachnys, a QED portfolio company, through its acquisition in 2020. In his spare time, he's a long-distance cyclist and budding rock climber. Website: https://getportabl.com/ For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Brad Bernstein, Managing Partner at FTV Capital - Private Equity in Fintech

    Play Episode Listen Later May 9, 2022 34:13

    Anirudh Singh sits down with Brad Bernstein, Managing Partner at FTV Capital. Brad has been a growth equity investor at FTV Capital for over 18 years, leading investments in enterprise technology & services and financial services. In today's episode, they discuss what drives FTV Capital's success, investments in Enfusion, PlateIQ, Paddle, Ebanx, and LoanPro, and much more! Brad Bernstein: Brad is managing partner and has been a growth equity investor at FTV Capital for over 18 years, leading investments in enterprise technology & services and financial services. Brad has over 25 years of private equity experience. Prior to FTV, Brad was a partner at Oak Hill Capital Management and its predecessors where he managed the business and financial services group. He began his private equity career with Patricof & Company Ventures and started his professional career in the investment banking division of Merrill Lynch in New York. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Gaurav Sharma, CEO & Co-Founder of Capitalize - Simplifying Retirement Savings

    Play Episode Listen Later Apr 25, 2022 33:06

    Anirudh Singh sits down with Gaurav Sharma, CEO and Co-Founder of Capitalize a venture-backed fintech company in New York focused on the retirement savings market. In today's episode, they discuss the size of the 401K rollover issue in the United States, Capitalize being listed as one of TIME's best inventions of 2021, the fundraising process, and much more! Gaurav Sharma: Gaurav leads Capitalize's mission to help people save for retirement. Before founding Capitalize, he worked for some of the best-known financial institutions, including JP Morgan, UBS, Morgan Stanley, and as an investor at well-known hedge fund Greenlight Capital. After seeing how hard it is for most people to understand their retirement accounts, he decided to build a company that makes it easier. An Australian by birth, Gaurav lives in New York with his wife and their adopted puppy, Lorenzo. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Christina Keitt Chaney, Head of Sales & Relationship Mgmt at MoCaFi - Closing the Racial Wealth Gap

    Play Episode Listen Later Apr 20, 2022 47:19

    Gabriela Ariana Campoverde sits down with Christina Keitt Chaney, Head of Sales and Relationship Management of MoCaFi. MoCaFi is short for Mobility Capital Finance, and today the company helps over 70MM clients across the United States open a bank account, build credit, and support local businesses. The company was founded in 2015 with a mission to address social inequities by closing the racial wealth gap. In this episode, you will learn all about: - The MoCaFi products which help its clients reach financial empowerment - How MoCaFi works with local governments to distribute benefits - MoCaFi's mission-oriented company culture - Christina's twenty year career in financial services - And much more! About Christina Keitt Chaney Christina Keitt Chaney is the Head of Sales and Relationship Management of MoCaFi. She has over twenty years of experience in financial services and prior to MoCaFi, she worked at American Express, BNY Mellon, JP Morgan-Chase, Bank of America Merill Lynch, and US Bank across Sales and Corporate Strategy roles. She is a graduate of Delaware State University, where she studied Political Science. About MoCaFi Launched in 2015, MoCaFi is a fintech, committed to closing the wealth gap for Black, Latinx, and all communities disconnected from the mainstream economy. To learn more about MoCaFi, visit mocafi.com. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Shimon Kogan, Associate Professor of Finance - Fintech 101

    Play Episode Listen Later Apr 18, 2022 25:28

    Anirudh Singh sits down with Shimon Kogan, Associate Professor of Finance, with positions at IDC Herzliya and the Wharton School. The two discuss the shifting perspective around fintech companies after the financial crisis, why fintech is an excellent industry for new graduates to get into, exciting global trends in the industry, and much more! Shimon Kogan: Prof. Kogan is an Associate Professor of Finance, with positions at IDC Herzliya and the Wharton School. He was on the faculty at MIT Sloan, Carnegie Mellon University, University of Texas at Austin, and Duke. He held several investment-management positions and board advisory roles. He earned his MBA and PhD from the University of California at Berkeley and his BA from Tel Aviv University. Dr. Kogan's research focuses on behavioral finance with application to capital markets. He is interested in understanding how information is processed in markets and his approach is interdisciplinary, integrating tools and insights from machine learning and AI. His research appeared in some of the profession's top journals such as the Review of Financial Studies, Journal of Finance, and the American Economic Review, and he was invited to present his work in leading conferences and universities, such as MIT, Wharton, Harvard, and Yale. His teaching is focused on machine learning, data science, and blockchain, and their implications for finance. He has been teaching Fintech, Data Science for Finance, Investment, Portfolio Management, Derivatives, and Behavioral Finance. He is involved with several startups in the fintech space and is often invited to speak about these issues in both academic and practitioners' conferences. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Sigal Mandelkar, General Partner at Ribbit Capital - Promoting Public & Private Fintech Partnerships

    Play Episode Listen Later Apr 11, 2022 33:36

    Anirudh Singh sits down with Sigal Mandelkar, General Partner at Ribbit Capital. The two discuss her career in both the public and private sectors, Ribbit's investment in Chainalysis, cryptocurrencies and anti-money laundering, and much more! Sigal Mandelkar: Sigal Mandelker joined Ribbit Capital as a General Partner in April 2020. Ribbit is an investment firm focused on financial services and technology. Prior to Ribbit, she served as Under Secretary of Treasury for Terrorism and Financial Intelligence. As Under Secretary, Sigal supervised four main components of Treasury (OFAC, FinCEN, the Office of Intelligence and Analysis, and the Office of Terrorist Financing and Financial Crimes). Before serving as Under Secretary of Treasury, Sigal was a partner at Proskauer in New York. Sigal also previously served in a number of senior positions in the U.S. government, including as Deputy Assistant Attorney General in the Criminal Division of the Justice Department, an AUSA in the Southern District of New York, Counselor to Secretary of Homeland Security Michael Chertoff, and Counsel to the Deputy Attorney General. Sigal is also an Advisor to Chainalysis, is on the Board of the Financial Technology Association, serves on the advisory group to the Digital Dollar Project, and is Member of the US Holocaust Memorial Council. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Katherine Salisbury, Co-Founder and Co-CEO of Qapital - Automating Healthy Saving Habits

    Play Episode Listen Later Apr 4, 2022 20:31

    Anirudh Singh sits down with Katherine Salisbury, Co-Founder and Co-CEO of Qapital. The two discuss Katherine's early career, co-founding not one but two companies with her partner, Katherine's views on the fintech industry overall, and much more. Hope you enjoy the show! Katherine Salisbury: Ten years ago, Katherine set out to find a solution to her family's money management headaches - one that actually aligned with their motivations, goals and lifestyle. A few years later, Qapital was born. Today, Katherine serves as co-founder and co-CEO of Qapital – an app that empowers users by putting their personal goals at the core of the product, and then supercharging their savings, investing, and budgeting efforts with clever tips and tools rooted in behavioral psychology. Katherine brings 20 years of finance, legal, and business experience to Qapital. She graduated from the University of Chicago with honors, studied international business law at Bucerius Law School in Hamburg, and graduated from Cornell Law School. She began her career as a bank finance attorney at the top-tier international law firms White & Case and Simpson Thacher. From there, she was tapped to serve as VP and Counsel at Jefferies Finance, steering Jefferies Finance through the early days of the joint venture between Jefferies and MassMutual. She then founded an international full-service sports management agency based in Stockholm & New York City, where she specialized in brokering international transfers. In her current role at Qapital, Katherine focuses on product, growth, and business strategy. Under her leadership, Qapital has helped users save almost $3 billion collectively for their goals. Currently, Katherine lives in Stockholm with her partner, co-founder, and co-CEO, George Friedman, and their four daughters. Qapital: https://www.qapital.com/?campaign=wharton_fintech_podcast&tt=j8e3x13_g6rptk3 For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Howard Katzenberg, CEO & Founder of Glean - Supercharging Vendor Decision Making

    Play Episode Listen Later Mar 30, 2022 31:29

    Gabriela Ariana Campoverde sits down with Howard Katzenberg, CEO and Founder of Glean, an accounts payable solution that combines smart automation with spend intelligence to drive material savings. Glean supercharges vendor decision making. This platform automatically detects duplicate invoices and overcharges; receives alerts on billing errors, anomalous spend activity, and available vendor savings; and leverages vendor benchmarking to see what other companies are paying. In this episode, you will learn about how: - Howard's CFO experience inspired Glean - Glean impacts on client's profit lines - Fintechs can disrupt the enterprise software industry - Howard took his own company from 0 to 1 - And so much more! About Howard Katzenberg Howard Katzenberg is CEO and Founder of Glean. Formerly, Howard served as CFO of OnDeck and Better Mortgage. He earned his MBA degree from The Wharton School, and studied Business while earning his Bachelor's degree from Cornell University. About Glean Glean unlocks the powerful data detailed in vendor invoices/receipts to surface relevant spend insights and drive spend accountability. To learn more about Glean, visit glean.ai. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Amias Gerety, Partner at QED Investors - Helping Founders Navigate Uncertain Times

    Play Episode Listen Later Mar 28, 2022 35:32

    Anirudh Singh sits down with Amias Gerety, Partner at QED Investors. The two discuss the recent cryptocurrency executive order, QED's success over the past two years, investments into Tint, Atomic, and Ntropy, and much more. Amias Gerety: Amias joined QED as a Partner in 2017 focusing on supporting the portfolio and finding new investment opportunities with a focus on back office technologies and infrastructure companies. Amias brings a deep background in financial markets, compliance, and RegTech to the QED team. Most recently, Amias served as the President's nominee and as Acting Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury. In that role, he was the lead advisor to the Secretary on policies affecting financial institutions. He also oversaw a number of programs focused on supporting small business lending and community development. He previously served as the Deputy Assistant Secretary for the Financial Stability Oversight Council, an interagency group of financial regulators charged with monitoring and mitigating potential threats to financial stability. Prior to Treasury, Amias was a management consultant at Oliver Wyman. He also served in a number of policy roles and worked in East Africa for Save the Children. Amias is a recipient of the Alexander Hamilton award, the Treasury's highest honor. Amias graduated Magna Cum Laude from Harvard with a BA in Social Studies. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Adam Nash, CEO of Daffy - Making Giving a Habit

    Play Episode Listen Later Mar 21, 2022 40:14

    Anirudh Singh sits down with Adam Nash, CEO of Daffy. The two discuss Adam's career at Wealthfront, being a successful product manager, his motivations behind founding Daffy, the importance of choosing the right revenue model for your business, and much more. If you're interested in signing up for Daffy, you can use the below promo code to claim $25 for a charity of your choice. Promo Code: https://daffy.org/adamnash/invite For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Blair Silverberg, CEO & Founder of Hum Capital -- Connecting Great Companies to the Right Capital

    Play Episode Listen Later Mar 16, 2022 35:39

    Gabriela Ariana Campoverde sits down with Blair Silverberg, Founder and CEO of Hum Capital, a funding platform connecting great companies with the right capital for their growth. Hum believes that every qualified company should be able to raise the capital they need to flourish without bias or friction. On Hum's Intelligent Capital Market, companies are evaluated on fundamentals and performance, not on who they know. In this episode, you will learn all about: - The platform that Blair and his team are building - How Hum builds an efficient two-sided marketplace - The current issues companies face when attempting to access capital - Blair's journey from investor to founder - And much more! About Blair Silverberg Blair Silverberg is the Founder and CEO of Hum Capital. Prior to launching Hum, he was an investor at Draper Fisher Jurvetson. He is passionate about using data to identify great businesses. He studied Product Design at Stanford University. About Hum Capital Launched in 2019, Hum is turning the tables on the traditional fundraising process. The platform strives to make fundraising more efficient, transparent and data-driven. To learn more about Hum, visit humcapital.com. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Rishi Khanna, CEO of Stocktwits - Facilitating a Global Conversation for Individual Investors

    Play Episode Listen Later Mar 14, 2022 32:30

    Anirudh Singh sits down with Rishi Khanna, CEO of Stocktwits. The two discuss Rishi's lessons learned as a serial entrepreneur, the benefits of social trading, international expansion at Stocktwits, meme stocks, NFTs, and much more. Rishi Khanna: Rishi Khanna is the CEO of Stocktwits, the original social platform for individual investors and traders with 6M registered members. Before Stocktwits, Rishi was Managing Director at SS&C GlobeOp at SS&C Technologies Holdings Inc, where he had overall responsibility for sales, product, operations and strategic direction of a number of businesses serving the alternative assets industry. In 2007, Rishi co-founded and served as President of Novus, a global portfolio intelligence platform company that invented the art of portfolio intelligence, solving unique data and analytics challenges facing capital allocators and fund managers across liquid and illiquid investments. Prior to co-founding Novus, Rishi was responsible for the development of the technology and product platforms for Gerson Lehrman Group. Rishi holds a B.S. in Computer Science from Cornell University. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Ganesh Rao, Managing Director and Head of Financial Technology and Services at THL

    Play Episode Listen Later Mar 11, 2022 37:50

    In today's episode, Ally McCloskey sits down with Ganesh Rao, Managing Director and Head of Financial Technology and Services at Thomas H. Lee Partners ("THL"), the $16B+ private equity firm. THL invests in middle market growth companies exclusively in three sectors: Financial Technology & Services, Healthcare, and Technology & Business Solutions. Since its founding in 1974, THL has raised more than $34 billion of equity capital, invested in over 160 companies, and completed more than 500 add-on acquisitions representing an aggregate enterprise value at acquisition of over $210 billion. Specifically within Financial Technology & Services, THL has invested $5.7 billion in 28 companies. Some notable exits you may know include: BlackKnight, FIS, FirstbanCorp, and MoneyGram, among others. Ganesh, has been with THL for over 20 years, coming from Morgan Stanley's FIG group and after completing his MBA at Harvard Business School. He is currently a director of AbacusNext, Black Knight, Dun & Bradstreet, ServiceLink Holdings, Ceridian HCM Holding Inc., AmeriLife Group, Auction.com, Hightower Advisors, and Insurance Technologies, and a board observer at Guaranteed Rate. Ally and Ganesh discuss: • The ways in which Private Equity has changed over the past 2+ decades • How THL is structured, where its latest $5.6 billion fund will be deployed, and the 5 Identified Sector Opportunities Ganesh focuses on within Financial Technology & Services • THL's sourcing and relationship building process with target partner companies • THL's role after a deal is inked • Ganesh's forward-looking theses on Vertical Software with Integrated Payments and Insurance Tech & Services • His most memorable deal and spending an atypical 13 years with that company before exiting • And a whole lot more -- About Ganesh Ganesh B. Rao is a managing director at Thomas H. Lee Partners. Prior to joining Thomas H. Lee Partners, Mr. Rao worked at Morgan Stanley & Co. Incorporated in the Financial Institutions Group. Mr. Rao is currently a director of AbacusNext, Black Knight, Dun & Bradstreet, Ceridian HCM Holding Inc., AmeriLife Group, Auction.com, Hightower Advisors, Insurance Technologies, Nextech, Odessa and a board observer at Guaranteed Rate. His prior directorships include Comdata, Nielsen, MoneyGram International, Optimal Blue, ServiceLink Holdings and Ten-X Commercial. Mr. Rao holds a B.A., summa cum laude, in Economics from Duke University and an M.B.A. from Harvard Business School. About THL THL invests in middle market growth companies exclusively within selected Identified Sector Opportunities (ISOs) in three industry groups: Financial Technology & Services, Healthcare and Technology & Business Solutions. The firm couples deep domain expertise with dedicated internal operating resources to transform and build great companies of lasting value in partnership with management. Since 1974, THL has raised more than $34 billion of equity capital, invested in over 160 companies and completed more than 500 add-on acquisitions representing an aggregate enterprise value at acquisition of over $210 billion. Its global investor base includes some of the world's leading public and corporate pension funds, sovereign wealth funds, financial institutions, endowments and high net worth families, which THL considers to be a valuable asset, providing additional co-investment capital as well as insight and relationships useful to its portfolio companies. Since 2015, the firm has raised approximately $15 billion for its Flagship, Continuation and Automation Funds and over $5.5 billion of LP Co-investment vehicles. -- As always, for more Fintech insights and opportunities to collaborate, please find us below: Blog: medium.com/wharton-fintech Twitter: twitter.com/whartonfintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ Suggest a Guest: airtable.com/shrdbokQPxAJzgVh7 Ally's Twitter: twitter.com/AllyMcCloskey Ally's Linkedin: linkedin.com/in/allyraemccloskey/

    Deven Parekh, Managing Director at Insight Partners - The Evolution of Global Fintech Investing

    Play Episode Listen Later Mar 7, 2022 40:49

    Anirudh Singh sits down with Deven Parekh, Managing Director at Insight Partners. The two discuss what makes Insight such a successful investment firm, the evolution of fintech investing over the past 10 years, investments in Slice, GCash, Pomelo, and much more. Deven Parekh: Deven Parekh is a Managing Director at Insight Partners. Since joining Insight in 2000, he has made more than 130 investments in enterprise software, data, and consumer internet businesses globally, including in North America, Europe, India, Israel, China, Africa, Latin America, and Australia. Currently, Deven serves on the Boards of Directors for Appriss, Calm, Candy, Checkout.com, Chrono24, Community Brands, CoreLogic, Diligent, DistroKid, DriveWealth, Ellkay, Fanatics, iad, PDI, TetraScience, Vinted, WeWork, and Within3. Other companies within his portfolio include Chargebee, FTX, Thunes, Splitwise, 1stdibs, Slice, Saks.com and Saks OFF 5th, BharatPe, and Automattic (WordPress). In addition to his work at Insight, Deven currently serves as a Board Member for the Council on Foreign Relations, NYU Langone, the Carnegie Endowment for International Peace, and the Tisch New York MS Research Center. He was also confirmed by the United States Senate to serve on the Board of Directors for the U.S. International Development Finance Corporation. Prior to joining Insight, Deven was a Principal at Berenson Minella & Company, a New York-based merchant banking firm, where he served on the M&A Committee. He also worked for Blackstone on M&A and other investment activities. Deven has a B.S. in Economics from the Wharton School at the University of Pennsylvania. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Greg Schvey, CEO of Axoni - Harnessing the Power of Private Blockchain

    Play Episode Listen Later Feb 28, 2022 27:25

    Anirudh Singh sits down with Greg Schvey, CEO of Axoni. The two discuss Greg's introduction to bitcoin, the benefits of blockchain technology, public vs. private blockchains, and much more. Greg Schvey: Greg is a repeat entrepreneur and drives Axoni's strategic execution. He previously co-founded TradeBlock and worked as a fixed income analyst at Citigroup. Greg holds a bachelor's degree from Cornell University where he studied finance. Axoni: Axoni was founded in 2013 with the goal of overhauling global capital markets infrastructure. That vision has become a reality through intensive technology development and deep collaboration with the world's leading financial institutions. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Dan Westgarth, Deel COO - Accelerating Global Hiring of Anyone, Anywhere

    Play Episode Listen Later Feb 25, 2022 35:58

    In today's episode, Ally McCloskey sits down with two-time guest Dan Westgarth, COO at Deel. Deel makes growing remote and international teams effortless by simplifying international hiring, compliance, and payments all on one platform. This means businesses can hire anyone, anywhere as independent contractors or full time employees compliantly, in minutes, and with the ability to pay them in over 120 currencies and cryptos starting with USDC. The company has raised over $631mm from the likes of a16z, Spark Capital, Y Combinator, Coatue, Elad Gil, Nat Friedman, Alexis Ohanian, Daniel Gross, and others, most recently closing their $425mm Series D this past October. Dan joined Deel in 2020, after spending what he calls his "postgraduate education" at Revolut. For more on that chapter of his life, check out the link below to his 2019 WFT Podcast debut. In this conversation, Ally and Dan discuss: • Dan's time at Revolut and his lessons learned leading the early U.S. expansion • Meeting the founders of Deel and building conviction that they'd be the team to tackle global hiring and payroll • How Deel replaces long email chains, generic contracts, individual wire transfers, and foreign subsidiaries and instead enables quick and compliant hiring of employees living anywhere in the world • The effects of the pandemic on demand for foreign talent • How Deel thinks about company culture when it has 450 employees working in more than 50 countries • Why Dan values investor diligence as it relates to his own technical operations • And a lot more About Dan (twitter.com/Dan_Westgarth) Fintech enthusiast Dan Westgarth currently serves as Chief Operating Officer at Deel, where he manages Deel's Business, Operations, Legal, and Compliance teams. Before joining Deel, Dan was one of challenger bank Revolut's earliest employees, most recently in the role of General Manager for North America. Outside of his day to day at Deel, Westgarth spends his time making early-stage angel investments into interesting technology companies and helping them scale. Dan's 2019 WFT Podcast debut: https://soundcloud.com/wft/dan-westgarth-north-america-general-manager-for-revolut About Deel Deel is a global payroll solution that helps businesses hire anyone, anywhere. Using a tech-enabled self-serve process, companies can now hire independent contractors or full-time employees in over 150 countries, compliantly and in minutes. Today, Deel serves 6,000+ customers from SMBs to publicly traded companies, including Coinbase, Shopify and Dropbox, among others, and just recently announced that customers can now fund their payroll in crypto. For more on its journey, check out What's the deal with Deel? -- As always, for more Fintech insights and opportunities to collaborate, please find us below: WFT Blog: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech WFT Home: www.whartonfintech.org WFT LinkedIn: www.linkedin.com/company/wharton-fintech-club/ Suggest a Podcast Guest: airtable.com/shrdbokQPxAJzgVh7 Ally's Twitter: twitter.com/AllyMcCloskey Ally's Linkedin: linkedin.com/in/allyraemccloskey/

    Ram Palaniappan, Founder & CEO of Earnin -- Making Any Day Pay Day

    Play Episode Listen Later Feb 23, 2022 26:40

    Gabriela Ariana Campoverde sits down with Ram Palaniappan, Founder and CEO of Earnin, which gives people access to their pay directly from their smartphones. No hidden fees, no penalties, no waiting—just access to your hard-earned cash right when you need it. With each transaction users are given the opportunity to pay what they believe is fair. In this episode, you will learn all about how: - Ram started Earnin by lending his own money to his colleagues - Earnin addresses the Earned Wage Access gap - 66% of users see an increase in their ability to pay bills with Earnin' - The lending landscape is changing - And so much more! About Ram Palaniappan Ram Palaniappan, is the Founder and CEO of Earnin. He is passionate about building a financial system for the people, by the people. He is a graduate of the Birla Institute of Technology and Science, Pilani, where he earned his MMS, and Purdue University Krannert School of Management, where he earned his MBA. About Earnin Earnin gives people access to their pay directly from their smartphones, whenever they need it. Launched in 2014, Earnin is driving consumer-empowered finance through mobile technology by breaking open more than $1 trillion held up in America's pay cycle. Current funding partners include Andreessen Horowitz, Matrix Partners, Ribbit Capital, Felicis Ventures, March Capital Partners, Trinity Ventures, Thrive Capital, and Camp One Ventures. To learn more about Earnin, visit earnin.com. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Chris Brummer, Professor at Georgetown Law - Money, Power, and Respect in Fintech

    Play Episode Listen Later Feb 22, 2022 46:32

    In today's episode, Olamide Williams catches up with Professor Chris Brummer of Georgetown Law to discuss fintech regulation, balancing that with innovation, the unique connection between fintech and rap, as well as his top five rap artists of all time. Professor Brummer is the host of the Fintech Beat Podcast, which features the latest trends, movers and shakers, ideas, and policies in fintech. He sits on the boards of Fannie Mae, K2 Integrity, public.com and is the Scholar in Residence at Paradigm, the $2 billion crypto fund. He is also the host and organizer of DC Fintech Week. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech

    Arvind Purushotham, Managing Director and Global Head of Venture Investing at Citi Ventures

    Play Episode Listen Later Feb 21, 2022 42:31

    Anirudh Singh sits down with Arvind Purushotham, Global Head of Venture Investing at Citi Ventures. The two discuss Arvind's early career at Menlo Ventures, developing partnerships between portfolio companies and Citibank, investments in Doconomy, DriveWealth, and TRM labs, Citi impact fund, and much more. Arvind Purushotham: As Global Head of Venture Investing, Arvind leads Citi's efforts to identify, invest in, and partner with leading startups as a way to bring cutting-edge technologies and capabilities to Citi's businesses and functions. Additionally, he serves as a partner to Citi's business leaders and helps identify market trends based on the 1000+ startups the Venture Investing team meets every year. Under his leadership the group has partnered with category-defining startups such as Square, Plaid, DocuSign, Honey, Betterment, Braze, Netskope, and Tanium. In his capacity as head of venture investing for the company, he also co-leads the Citi Impact Fund. Prior to Citi, Arvind spent nearly a decade as a Managing Director at Menlo Ventures, where he was an investor and Board member at companies including Kazeon Systems, Cavium Networks, Solidcore, nCircle Network Security, Intelligent Results, and Vhayu Technologies. Previously, Arvind was a design engineer and a Program Manager at Intel Corporation. Arvind obtained his BSEE from the Indian Institute of Technology, Madras, an MSEE from Case Western Reserve University, and an MBA with Distinction from Harvard Business School. He enjoys running, photography, and reading in his spare time. Arvind is passionate about golf—a passion, sadly, that his skill level does not match. He lives in Palo Alto, CA with his wife, two sons, and their black lab Rocky. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Mike de Vere, CEO of Zest AI -- Making Fair Credit Available to Everyone

    Play Episode Listen Later Feb 16, 2022 29:08

    Gabriela Ariana Campoverde sits down with Mike de Vere, CEO of Zest AI. Zest helps lenders make better credit decisions -- increasing revenue, reducing risk, and automating compliance. The company serves its customers by providing them with custom credit models leveraging more data, better math, and smarter software. Today Mike is leading Zest to fulfill a mission of making fair credit available to everyone. In this episode, you will learn all about: - How it builds more inclusive underwriting models for its clients - The loan decision and funding journey - Zest's company culture - Insights on how the lending landscape is changing - And so much more! About Mike de Vere Mike is passionate about expanding access to fair credit. He has a rich career in leveraging customer insights given his time at Nielsen, Harris Interactive and JD Power & Associates. He earned his MBA from the Marshall School of Business at the University of Southern California and studied Business Administration at the California State University, Northridge. About Zest AI Zest AI makes the power of machine learning safe to use in credit underwriting. The Zest Model Management System enables lenders to analyze vast amounts of credit data to help increase approval rates and reduce the risk of faulty credit decisions. The platform also provides the ability to explain data modeling results to measure business impact and help comply with regulatory requirements. To learn more about Zest, visit zest.ai. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Nathan McCauley, Co-Founder and CEO of Anchorage Digital - Becoming the First Chartered Crypto Bank

    Play Episode Listen Later Feb 14, 2022 40:04

    Anirudh Singh sits down with Nathan McCauley, Co-Founder and CEO of Anchorage Digital, a leading digital asset platform for institutions. Previously, Nathan worked as an early employee at Square and at Docker. They discuss the lessons Nathan learned from helping scale Square, getting a banking charter at Anchorage Digital, Nathan's thoughts on key crypto trends moving forward, and much more. Nathan McCauley: Nathan McCauley is the Co-Founder and CEO of Anchorage, the leading digital asset platform for institutions. He started his career at Arxan Technologies, where he worked on anti-reverse engineering and key management for commercial and military applications. As an early employee at Square, he worked on the infrastructure security platform now used to move over $80B in annualized GPV. Later, at Docker, together with Anchorage Co-Founder Diogo Mónica, he built and led the security team, developing code that helps secure containers, one of the core underpinnings of modern infrastructure. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Christina Melas-Kyriazi, Partner at Bain Capital Ventures - Finding the Next Great FinTech Founders

    Play Episode Listen Later Feb 7, 2022 27:07

    In today's episode, Anirudh Singh sits down with Christina Melas-Kyriazi, Partner at Bain Capital Ventures. Previously, Christina served as Head of Product for Consumer Foundations at Affirm and Senior Product Manager at GoFundMe. They discuss being at Affirm as the company IPOed, launching her whirlwind career at Bain Capital Ventures, and helping founders go from 0 to 1. Christina Melas-Kyriazi: Christina joined Bain Capital Ventures in 2021, where she focuses on early-stage investments in fintech and commerce. Christina was previously Head of Product for Consumer Foundations at Affirm, where she led a team of product managers to enable a delightful, frictionless customer experience from account creation to loan servicing. Before Affirm, Christina was a Senior Product Manager at GoFundMe, where she worked on growth and new product areas. Earlier in her career, Christina also spent time in business operations at LinkedIn and as an investment banker at Goldman Sachs. Christina is an active angel investor and an advisor to early-stage companies. She has an MBA from Harvard Business School and a BA in Economics from Stanford University. Christina grew up in Los Angeles, CA and now lives in San Francisco with her husband John and son Theo. She loves running in the Presidio and skiing. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Liran Zelka, Co-Founder and CTO of Lili - Upgrading the Financial Stack for Freelance Workers

    Play Episode Listen Later Jan 31, 2022 26:27

    In today's episode, Anirudh Singh sits down with Liran Zelka, Co-Founder and CTO of Lili, an all-in-one banking app designed for freelance workers. In this episode, they discuss the thriving startup ecosystem in Israel, why it's so hard to manage your money as a freelance worker, and how Lili hopes to make freelancers' lives easier. Liran Zelkha: Liran Zelkha is Co-Founder and CTO of Lili, the all-in-one banking app designed for over 500K freelance workers. He has over 20 years of tech industry experience, including as a freelancer, which inspired him to create a solution for independent workers' unique pain points. From strategic management to hands-on coding, Liran specializes in turning lofty ideas into functioning businesses. Prior to founding Lili, Liran served as CTO and VP, Research and Development for Pepper, the first and only challenger bank in Israel. Liran was also CEO and CTO at tech consulting firm Tona and owner / co-CEO of Aluna, Israel's leading Java and service-oriented architecture (SOA) consulting firm. Liran received bachelor's degrees in computer science from Universitat Ben Gurion Ba-Negav and The Academic College of Tel-Aviv. He is based in Israel.

    Altruist CEO & Founder, Jason Wenk - What Financial Advice Should Be

    Play Episode Listen Later Jan 28, 2022 52:50

    In today's episode, Ally McCloskey sits down with Jason Wenk, Founder & CEO of Altruist. Altruist is an all-in-one digital platform for Registered Investment Advisors (RIAs) and their clients that helps make financial advice more efficient, more affordable, and accessible to more people. Using Altruist, advisors have cutting edge tools on an investment platform that significantly streamlines and reduces their costs, enabling them to serve more people, better. The upstart most recently raised its $50mm Series B led by Insight Partners, with follow-on participation from Series A investors Venrock and Vanguard. Ally and Jason discuss: - How the space has evolved over the decades he's been a founder in financial advice and wealth management, and how he was able to get "more efficient" with each new company - Where he stands on the human advice vs. roboadvisory trade-off and why Altruist only works with RIA firms - How he cold solicited the Top 10 Financial Advisors To Watch on Linkedin as part of customer discovery - Launching the Human Advisor Podcast (https://apple.co/3KMghnX) to elevate the stories of a new breed of modern advisors - Building a "dreamy" group of board members, including Wharton Alumni and Former Chairman and CEO of Vanguard, Bill McNabb, Jonathan Rosenbaum (Insight Partners), Nick Beim (Venrock), and Ryan Barrows (Vanguard) as an observer. - Attracting folks to the challenge of taking on 2 major incumbents controlling 80%+ market share and each with $100 billion dollar valuations - Why Altruist's people quotient centers on kindness, brilliance, and grit - And a WHOLE lot more About Jason Wenk Jason has excelled as a leader in the financial services industry over the past 20 years, working as an advisor, investment systems developer, analyst, and founder of multiple companies. He is dedicated to making finance a collaborative space between advisors and consumers, emphasizing the importance of human connection and interaction to improve financial wellness with affordable and accessible resources for more people. After a number of successful and innovative business concepts including FormulaFolios and Retirement Wealth Advisors, Jason chose to focus on creating meaningful experiences for advisors and their clients with fintech firm, Altruist. Jason was awarded GRBJ Newsmaker of the Year in 2016 and 2017 (finance category) and was named an EY Entrepreneur of the Year in 2018. About Altruist Altruist is a Los Angeles-based company on a mission to make financial advisors more efficient, more affordable, and accessible to more people. The team builds products to provide advisors cutting edge tools, and offers an investment platform that substantially lowers costs. As a completely digital brokerage, Altruist helps advisors provide their clients with a delightful experience with their money. Learn more at altruist.com, follow on Twitter @altruist, and check out the Human Advisor Podcast here: https://grow.altruist.com/introducing-the-human-advisor-podcast. Honorable mentions: - WFT podcast episode with Bill McNabb, Former Vanguard CEO & Chairman: https://medium.com/wharton-fintech/former-vanguard-ceo-chairman-bill-mcnabb-the-future-of-finance-leading-in-crisis-esg-436f1c031907 - WFT podcast episode with Henrique Dubugras, Co-Founder/Co-CEO of Brex: https://medium.com/wharton-fintech/reinventing-financial-systems-henrique-dubugras-co-founder-co-ceo-of-brex-8dc7ab820765 -- As always, for more Fintech insights and opportunities to collaborate, please find us below: WFT Blog: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Ally's Twitter: twitter.com/AllyMcCloskey Wharton FinTech Home: https://www.whartonfintech.org LinkedIn: www.linkedin.com/company/wharton-fintech-club/ Suggest a Podcast Guest: https://airtable.com/shrdbokQPxAJzgVh7

    Eddie Serrill, Business Lead for Stripe Capital - Using Future Performance to Unlock SMB Growth

    Play Episode Listen Later Jan 24, 2022 26:49

    In today's episode, Anirudh Singh sits down with Eddie Serrill, Business Lead for Stripe Capital and the site lead for Stripe's New York office. In the episode, they discuss what makes Stripe so good at offering products to online businesses, how Stripe leverages banking relationships to bring the best products to the table, the impact that Stripe Capital has had on the small businesses it partners with, and much more. Eddie Serrill: Eddie is the Business Lead for Stripe Capital and the site lead for Stripe's New York office. Stripe is a technology company that's building economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use Stripe's software to accept payments and manage their businesses online. Stripe Capital provides Stripe users with access to financing, and enables platform partners to offer financing to their customers with an end-to-end lending API. Prior to Stripe, Eddie served as the COO of Bond Street and the VP of Revenue & Operations at TrialPay. He holds a degree in Economics and Philosophy from Duke University and an MBA from The Wharton School of the University of Pennsylvania.

    Ronen Assia, Managing Partner at Team8 -- Co-Founding Transformative Companies

    Play Episode Listen Later Jan 19, 2022 40:22

    Gabriela Ariana Campoverde sits down with Ronen Assia, Managing Partner at Team8 Fintech Foundry, a venture fund within Team8 that partners with entrepreneurs to build companies in the fintech space. For over twenty years, Ronen has successfully merged technology and design together into useful and accessible products, and defined user experience across various devices and platforms. Most recently Ronen served as eToro's Chief Product Officer, managing product and engineering, and helped grow the company into a Fintech unicorn serving 13 million users in over 140 countries. eToro pioneered Social Investing, enabling every investor to see, follow and automatically copy the portfolios of other investors in the network. In this episode you will learn all about: - How Team8 works with fintech talent - Ronen's insights into the Isreali fintech ecosystem and global investment outlook - Blockchain innovation, NFTs and art curation - How start-up's can marry the old and new worlds of fintech - And so much more! About Ronen Assia Ronen Assia is a Managing Partner at Team8 Fintech Foundry and a Co-Founder and Executive Director at eToro, a social investing platform. Ronen currently resides in Israel and studied Product Design at the Royal College of Art and Bezalel Academy of Art and Design. About Team8 Fintech Team8 Fintech partners with entrepreneurs to co-found transformative fintech companies. For additional information on Team8 Fintech, please visit team8.vc/team8-fintech. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Basil Darwish, Managing Director at Wells Fargo Strategic Capital-Promoting Fintech Growth Via CVC

    Play Episode Listen Later Jan 17, 2022 26:10

    In today's episode, Anirudh Singh sits down with Basil Darwish, Managing Director and Fintech & Enterprise Tech lead at Wells Fargo Strategic Capital. Basil joined as the team's first hire in March 2016, coming over from Citi Ventures. In this episode, they discuss a range of topics, including Basil's winding path towards venture investing, the pros and cons of different corporate venture capital models, a deep dive into three of Wells Fargo's investments: Trovata, H20.ai, and Arkose Labs, and much more! Basil Darwish: Basil Darwish is a Managing Director at Wells Fargo Strategic Capital and leads the group's focus on Fintech and Enterprise Software. His investments range from early-stage to growth capital investments in companies that are strategically aligned with Wells Fargo. One of his goals is to bring technology-based innovation into the Bank. Basil's investment focus areas include B2B/B2C Fintech, RegTech, AI & Machine Learning, Big Data Analytics, and Cyber Security. Basil has been in the domain of venture investing for the past 12 years, across Silicon Valley, New York, and Southeast Asia. Prior to joining Wells Fargo in 2016, Basil was with Citi for 8 years most recently as Senior Vice President at Citi's growth ventures and innovation group (Citi Ventures), where he focused on venture investments and innovation initiatives across the US and Asia, in the domains of Payments, Big Data Analytics, and Information Security. Prior to moving into financial services, Basil spent several years in the technology industry in various roles across the value chain, from semiconductor product engineering and system-level product development at Analog Devices Inc, as well as digital design engineering at Chinook Communications, a technology startup that emerged out of MIT in 1999 developing spectrum enhancement technologies. Basil currently serves as a board director of Trovata, H2O.ai, OpenFin, and Droit. He also serves as a board observer of Arkose Labs, Socure, Volante Technologies, Elliptic and Atscale. Basil holds an MBA from the Wharton School of Business with a double major in finance and entrepreneurial management, a Master of Science Degree in Electrical Engineering from Tufts University with a focus on semiconductor design, and a B.Sc. in Electrical Engineering from the University of Jordan. Basil lives in the San Francisco Bay Area with his wife and two daughters.

    Raghu Yarlagadda, CEO of FalconX -- Delivering the Crypto Industry's Best Point-in-Time Execution

    Play Episode Listen Later Jan 12, 2022 36:08

    Gabriela Ariana Campoverde sits down with Raghu Yarlagadda, CEO and Co-Founder of FalconX. The company is a digital assets brokerage that provides a single account connected to global crypto liquidity pools. Asset managers can execute trades at prices routed across liquidity sources, and settle with a single counterparty. Raghu and Prabhakar Reddy launched the company just four years ago, and today it is valued at $3.75 Billion dollars. In this episode you will hear about: - How FalconX works with institutional clients - What it's like to run a start-up which is live 24/7 - Innovation for cryptocurrency retail investors - Raghu's career and his commitment to education - And much more! About Raghu Yarlagadda Raghu Yarlagadda co-founded FalconX in 2018. Prior to FalconX, Raghu worked at Google and Motorola Mobility and in 2014 launched Sarada Educational Institution which leverages edtech to improve education for its students across India. He is also a graduate of Harvard Business School and the University of Texas at Dallas, where he studied Electrical Engineering. About FalconX FalconX is a blockchain, cryptocurrency, and fintech-focused cryptocurrency brokerage and digital asset trading platform. For additional information on FalconX, please visit FalconX.io. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Daniel Vogel, Co-Founder and CEO of Bisto – Fundamentally Changing Financial Services via Crypto

    Play Episode Listen Later Jan 10, 2022 37:52

    Anirudh Singh sits down with the one and only Daniel Vogel, Co-Founder and CEO of Bitso, the leading crypto-services provider in Latin America. Bitso is committed to the development of efficient, competitive, accessible and inclusive financial services in Latin America, and Daniel is among the youngest entrepreneurs and leaders in the region. In this episode, they discuss Dan's introduction to Bitcoin and cryptocurrencies, how an unsuccessful remittance startup helped with the genesis of Bitso, Bitso's growth and international expansion, and much more! Daniel Vogel: Daniel is co-founder and CEO of Bitso, the leading crypto-services provider in Latin America. Bitso is committed to the development of efficient, competitive, accessible and inclusive financial services in Latin America, and Daniel is among the youngest entrepreneurs and leaders in the region. Daniel holds two degrees from Stanford University (BA in Economics, BS in Computer Systems Engineering) and a Master's degree in Business Administration (MBA) from Harvard Business School. During his academic career, he presided various student societies such as the Society for Entrepreneurship in Latin America, the Bitcoin Club, the LatAm Club, the Aviation and Aerospace Club, among others. At Stanford he was elected by his colleagues to be a member of the Class Cabinet. Prior to co-founding Bitso, Daniel worked for Silicon Valley's Quantcast, where he developed a real-time bidding system, a product that would later go on to become the company's main source of income. In 2016, he was included in the MIT Technology Review's "Innovators under 35 Mexico 2016" award. His work at Bitso has been recognized by Endeavor (Global Endeavor Entrepreneur), MassChallenge (2016 Gold Winner), and the President of Mexico (Digital Leader Mexico), among others. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Lightspeed's Justin Overdorff: Empowering The Next Generation of Fintech Unicorns!

    Play Episode Listen Later Jan 5, 2022 42:54

    In his final episode, Ryan Zauk sits down with none other than Justin Overdorff, former Stripe exec and now Lightspeed's newest Fintech partner, based in New York City. Justin joined Lightspeed after an incredible career spanning Wall Street, growth equity, Techstars, Yelp!, Stripe, a whole lot of angel investing (Lithic, Alloy, Orum, Moov, Stir, Puzzle), and of course…a 2-year stop at Wharton for his MBA. At Lightspeed, Justin is helping lead the team's Fintech practice and build on its portfolio investments in iconic companies like Affirm and Carta. As a Fintech junkie with a product-focused passion for tech, Justin understands the true value of innovation and how it can serve as a major impetus for change. Justin's previous experience at Stripe (which they cover in-depth) stoked his passion for Fintech and the constraints of creative problem-solving in a regulated industry. In today's episode, they discuss: - His long, winding journey from mortgage trading at Bank of America to building world-changing products at Stripe - How he got into fintech and a big, early missed investment opportunity - The secret sauce of Stripe - His new role at Lightspeed and why he left arguably the greatest startup in the world to join the Lightspeed team - The cruciality of narrowing your focus in venture - What fintech sectors he's most excited about investing in - How he's thinking about valuation in this raging bull market and credit cycle - The underestimated TAMs in fintech - Facebook Libras "Leroy Jenkins!" moment - A fun rapid-fire round And so much more! For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Ryan's Twitter: twitter.com/RyanZauk LinkedIn: www.linkedin.com/company/wharton-fintech-club/

    Douglas Landy, Partner at White & Case - On Banking Charters, Crypto, and CBDCs

    Play Episode Listen Later Jan 3, 2022 37:41

    Anirudh Singh sits down with Douglas Landy, Partner at White & Case, a leading law firm serving companies, governments, and financial institutions worldwide. They discuss the neobank decision making process when applying for a banking charter, regulations surrounding bank engagement in crypto activities, the evolution of central bank digital currencies, and much more. Douglas Landy: Douglas Landy serves as co-head of White & Case's Financial Institutions Industry Group and head of the US Financial Services Regulatory practice. He is one of the most preeminent US lawyers advising financial institutions on blockchain and crypto matters. He represents global banks on the creation of blockchain and crypto trading platforms, custody, payment systems, stablecoins, and related financial products. Doug has also been advising non-bank Fintech companies on potential bank charters, including the OCC's Payment Charter, and similar charters and licenses.

    Nitin Gupta, Founder and CEO of Uni - Launching a Pay-Later Product in India

    Play Episode Listen Later Dec 27, 2021 23:46

    Anirudh Singh sits down with Nitin Gupta, Co-Founder and CEO of Uni, one of the fastest growing pay-later card providers in India. They discuss Nitin's past work at PayU and Ola Financial Services, the overall credit card landscape in India, and launching the Pay 1/3rd product with Uni. Shortly after this episode was recorded, Uni went on to raise a $70M series A round at a $350M valuation. Nitin Gupta: Uni's Founder and CEO, Nitin Gupta is an alumni of IIT Delhi and IIM Ahmedabad. He started his career as a Founder and CEO of Khojguru and then led the PayU India team as Co-Founder and CEO. He built Pay U into one of the largest payment gateways in India under his able leadership. At Ola, during his stint of 2.5 years, he headed the Ola Financial Services as CEO and launched Ola Money Postpaid which was valued at $250 million last year. It's now one of the largest financial services businesses in the country. Currently, at Uni, he has raised $18.5M, while in stealth mode and launched the BNPL product Pay 1/3rd card. Apart from building cutting-edge financial products he also invests in new and upcoming companies in the capacity of an Angel investor.

    Matan Bar, Co-Founder and CEO of Melio - Building a Unicorn by Prioritizing the Journey

    Play Episode Listen Later Dec 20, 2021 34:50

    Anirudh Singh sits down with Matan Bar, Co-Founder and CEO of Melio. They discuss the thriving startup ecosystem in Israel, building a streamlined B2B payments product for SMBs, Matan's personal guiding principles when building a company, and much more! Matan Bar: Matan is the Co-founder and CEO of Melio. Before founding Melio in 2018, he was the GM of the PayPal Consumer R&D center in Tel Aviv and led PayPal's Consumer Peer to Peer Payments Group globally, responsible for over $50B in payment volume annually. Matan joined PayPal through the acquisition of his first company (The Gifts Project) by eBay Inc in 2012.

    Andrei Cherny, Co-Founder and CEO of Aspiration - Fighting Climate Change Through Fintech!

    Play Episode Listen Later Dec 13, 2021 35:11

    On today's episode, '21 host Ryan Zauk comes back to the show to host Andrei Cherny, Co-Founder & CEO of Aspiration, a budding financial services platform for people who want to save the planet by trying to neutralize their carbon footprint. Their mission is massive, with around 5 million members trying to help make a difference in the fight against climate change. Aspiration provides numerous products, including deposit balances completely divested from fossil fuels, a round-up feature like Acorns to plant trees with your purchases, 2-day early access to wages, carbon offsets for car mileage of its users, cashback on mission-focused retailers, and more. They also are a burgeoning b2b platform for carbon offsets, helping people like Drake calculate the planetary impact of their businesses and offset it. Andre and Ryan cover a great deal in today's episode, and special shoutout to Ami Naik of Radicle Impact for setting up this episode! They cover: - How Andrei's op-eds in Harvard's student newspaper landed him a job with Bill Clinton - How Aspiration works and what inspired him to start the company - Why identity banking is the future of financial services - How they divested completely from fossil fuels - Raising his company's minimum wage to $25 during a pandemic - And so much more. Also at the end, Andrei mentions it being Ryan's last show…it will actually not be his last, but it's getting very, very close! Stay tuned for his finale. Disclaimer: This episode is not securities advice in any way, and this is recorded solely for the educational purposes of Wharton Fintech. --- For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Ryan's Twitter: twitter.com/RyanZauk LinkedIn: www.linkedin.com/company/wharton-fintech-club/

    Rohit Mittal, Co-Founder and CEO of Stilt - Loans for Immigrants and the Underserved

    Play Episode Listen Later Dec 6, 2021 30:13

    Anirudh Singh sits down with Rohit Mittal, co-founder and CEO of Stilt. They discuss the difficulties Rohit faced when looking to rent an apartment in New York City, why United States immigrants are an underserved but creditworthy population, and how Stilt has approached solving this problem. Rohit Mittal: Rohit Mittal is the co-founder and CEO of Stilt. Rohit has extensive experience in credit risk analytics and data science. He spent years building credit risk and fraud models for top U.S. banks. In his current role, he defines the overall business strategy, leads debt and capital fundraising efforts, leads product development, and leads other customer-related aspects for the company. Stilt is backed by Y Combinator and has raised a total of $275M in debt and equity funding to date. Prior to founding Stilt, Rohit started his career at Verisk Analytics using big data to optimize credit risk. He went on to become the founding member of the data science team at Popsugar, helping the company build its analytics framework for data science efforts. Rohit has a Bachelor's degree from Delhi College of Engineering and Master's degree from Columbia University.

    Harshul Sanghi, Founder & Global Head of Amex Ventures -- Reflecting on 10 Years of Investing

    Play Episode Listen Later Dec 1, 2021 39:26

    Gabriela Ariana Campoverde sits down with Harshul Sanghi, Founder and Global Head of Amex Ventures. Harshul has over thirty years of operating experience, and for the past 10 years has led the venture arm of American Express and oversees global investment activity across the company. To date, Amex Ventures has invested in 80+ companies and has offices in New York, San Francisco, and Boston. He has led investments in Abra, Better.com, Bill.com, Boom Supersonic, Boxed, Instacart, Learnvest, FalconX, Finix, Next Insurance, Philanthropi, Plaid, RetailNext, Stripe, Toast, and Turo, among others. Amex Ventures now has a portfolio valued at over $1 billion dollars. In this episode you will hear about: - The birth of Amex Ventures - 10 years of investing - What differentiates Amex Ventures from other corporate VCs - Investment-worthy trends in the payments space - Harshul Sanghi's career - And much more! About Harshul Sanghi Harshul Sanghi founded Amex Ventures in 2011 to accelerate the digital transformation of American Express by investing in and partnering with innovative start-up companies. Prior to joining Amex, Harshul was Managing Director of Motorola Mobility Ventures and has over 30 years of operating experience. About Amex Ventures Amex Ventures invests in and partners with start-ups to accelerate innovation for consumers and businesses. For additional information on Amex Ventures, please visit www.americanexpress.com/us/business/american-express-ventures For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Xochitl Cazador, Head of Ecosystem Growth at Celo - Making Defi Mobile First

    Play Episode Listen Later Nov 29, 2021 30:29

    Anirudh Singh sits down with Xochitl Cazador, Head of Ecosystem Growth at Celo. In this episode, they discuss: - Social impact through blockchain technology - Disrupting blockchain through diversity at She(256) - Creating an open financial system through Celo - The $100M Defi for the People initiative And much more! Xochitl Cazador: Xochitl Cazador leads Platform and Builder growth at Celo Foundation. She has extensive experience shaping strategy into execution to drive growth and scale operations. Prior to cLabs, Xochitl spent 15 years driving growth at Cisco, where she managed a $1 billion investment portfolio and led the expansion into 26 emerging markets resulting in 30% year over year growth. She previously served in leadership positions in the Americas, Europe, and Asia where she held roles in product and portfolio management. Xochitl is the granddaughter of Mexican migrant farmworkers and one of the first in her family to graduate from college. She understands firsthand how access to basic financial tools can change lives. Xochitl holds a master's degree from Stanford Graduate School of Business. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Jimmy Chen, Founder & CEO of Propel -- Making America's Safety Net More User-Friendly

    Play Episode Listen Later Nov 24, 2021 39:24

    Gabriela Ariana Campoverde sits down with Jimmy Chen, CEO of Propel, a software company dedicated to helping low-income Americans improve their financial health. Propel's mobile app provides Supplemental Nutrition Assistance Program or SNAP, benefits users with the ability to check their benefit balance -- which was only previously available over a 1-800 number, and more recently offers users a checking account and debit card. In this episode we discuss: - Propel's app which today has 5 million active users - Propel's vision to become a one-stop-shop to manage government benefits and other income, side-by-side - The ways in which the company stood by their users during the pandemic - All about the company's culture - And so much more! Jimmy Chen Jimmy is the Founder and CEO of Propel. Previously, Jimmy was a Product Manager at Facebook, where he led product for Facebook Groups and prior to Facebook worked at LinkedIn. He is passionate about making America's safety net more user-friendly. He is a graduate of Stanford University, where he studied Symbolic Systems. Propel Propel builds software dedicated to helping low-income Americans improve their financial health. For additional information on Propel, please visit joinpropel.com and www.joinproviders.com | Twitter: twitter.com/joinproviders For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Aaron Schumm, Founder & CEO of Vestwell - Powering Modern Day Workplace Savings

    Play Episode Listen Later Nov 22, 2021 36:01

    Anirudh Singh sits down with Aaron Schumm, Founder and CEO of Vestwell. In this episode they discuss: - Aaron's first company, FolioDynamix - Launching Vestwell 6 days after selling FolioDynamix - The small business retirement landscape in the U.S. And much more! Aaron Schumm: Aaron is the founder & CEO of Vestwell, the engine powering modern-day workplace savings and investing programs, such as 401(k) and 403(b) plans. Our cloud-based digital recordkeeping platform provides the underlying architecture to support financial services and payroll partners, who are rapidly working to serve the 30M small businesses in the country. Prior to founding Vestwell, Aaron co-founded FolioDynamix, a wealth management fintech platform. At FolioDynamix, Aaron oversaw the strategy, revenue, marketing, customers and product development. FolioDynamix was acquired by Envestnet (NYSE: ENV). Outside of Vestwell, Aaron has served on the board of directors and the advisory board for several fintech companies, including Quovo (acquired by Plaid), Vestorly, OfColor, and Chalice Financial Network. Aaron holds a B.S. degree in finance from the University of Illinois, Urbana-Champaign and an M.B.A. degree from Duke University's Fuqua School of Business. He was included in InvestmentNews' 40 Under 40 and WealthManagement.com's "10 to Watch." For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Ryan George, CMO of Docupace -- Modernizing and Digitizing the Back Office

    Play Episode Listen Later Nov 17, 2021 24:12

    Gabriela Ariana Campoverde sits down with Ryan George, Chief Marketing Officer of Docupace. Founded in 2002, Docupace is a solutions provider focused on digitizing and automating operations in the financial advice and investment industry. For close to two decades, this company has served wealth managers and helped them to work faster, more securely, and with fewer errors. The platform is composed of client onboarding, document management, advisor transition, and regulation business intelligence features. In this episode you will learn about how Docupace empowers its users to do more in less time, the types of users the company works with, the importance of back office innovation and Ryan's fifteen-year career in Financial Services. Ryan George Ryan George is the Chief Marketing Officer of Docupace. Prior to joining Docupace, Ryan was in various marketing positions at GuideStone Financial Resources, 1st Global, and U.S. Global Investors. He has spent over fifteen years of his career in Financial Services and is a proud Texan. He is a graduate of the University of Texas at Austin, where he studied Public Relations. To follow him on Twitter visit twitter.com/RealRyanGeorge1. About Docupace Docupace is a technology company built for the wealth management industry. They've been on a mission to eliminate paperwork since 2002. For additional information on Docupace, please visit docupace.com | Twitter: twitter.com/docupace For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Gabriela's Twitter: twitter.com/byGabyC Gabriela's LinkedIn: linkedin.com/in/gcampoverde

    Sherwin Gandhi, Co-Founder and President of Jeeves - Providing Borderless Business Banking

    Play Episode Listen Later Nov 15, 2021 28:29

    Anirudh Singh sits down with Sherwin Gandhi, co-founder and President of Jeeves. In this episode, they discuss: - Sherwin's early career in financial services - Launching Jeeves to provide borderless business banking for startups and SMEs - Expanding Jeeves internationally and the search for global talent And much more! Sherwin Gandhi: In 2019 Sherwin Gandhi founded Jeeves, which offers a suite of cross-border B2B financial services including payments, loans, and expense management software. In the past 14 months, Sherwin has raised $88mm of equity and $100mm of debt from Y Combinator, Andreessen Horowitz, CRV, Tencent, Silicon Valley Bank, and other investors, while launching in over 20 countries and reaching a valuation of $500mm. Jeeves has thousands of customers globally and is nearing $10mm of revenue - and was recently named one of The Information's 50 Most Promising Startups to watch. At Jeeves, Sherwin is unlocking globalization by architecting the future of global business banking so that entrepreneurs can focus on growing their businesses by having access to non-dilutive capital and true cross-border banking solutions. Prior to Jeeves, Sherwin founded two companies and led go-to-market, finance, engineering, regulatory, and product at two unicorns - AppNexus and Viagogo. Before becoming a Silicon Valley founder, he was a trader and investment banker on Wall Street, where he issued $17bn of multicurrency fixed income and equity derivatives at JPMorgan and was a hedge fund manager of a $200mm global fund. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

    Mike McFadgen, Partner and Co-Founder of Element Ventures - The Nuances of Investing Across Europe

    Play Episode Listen Later Nov 8, 2021 33:21

    Anirudh Singh sits down with Mike McFadgen, Partner and Co-Founder of Element Ventures. In this episode, they discuss: - Mike's early career at Barclays - Launching Element Ventures to focus on B2B fintech investing - Cultural differences that drive European fintech - Element's portfolio companies And much more! Mike McFadgen: Mike is a Partner and co-founder of London-based B2B fintech venture capital firm Element Ventures. Mike made his first fintech investment in 2009 and since has had 12 years investing experience working with Barclays and Euclid Opportunities (the CVC fund of NEX Group). He currently represents Element on the boards of Hepster, Billhop, Minna Technologies and Coincover. He holds a Masters in Finance from London Business School and lives in London with his wife and two small children. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24