Oliver Prill is the CEO of Tide , a leading business banking provider for UK SMEs. Charles McManus is the CEO of ClearBank , the first new clearing bank in the UK in nearly 200 years . Tide and ClearBank recently won a £60 million grant as part of the RBS remedies program, which we’ve discussed before on the podcast and which Charles describes to start us off. With the funding, Tide, backed by ClearBank, aims to achieve high single-digit market share in the UK SME banking market with its digital...
Sep 02, 2019•43 min
Seth Rosenberg focuses on fintech at Greylock , one of Silicon Valley’s most storied venture firms, with noteworthy investments including LinkedIn, Facebook, Airbnb and many more. In this conversation, we talk through Greylock’s fintech thesis, Seth’s view of where the industry is going and the way the firm looks at investments in general. We reference a deck Greylock published, accessible here . In addition to the insights we deliver through our podcast and newsletter, Rebank offers advisory se...
Aug 27, 2019•32 min
Mike Massaro is the CEO of Flywire , a Boston-based payments company. Flywire specializes in large-value payments for education, healthcare and travel. Flywire has raised over $140 million from leading investors including Spark Capital, Fidelity’s F-Prime, Bain Capital, Temasek, Accel Partners and QED Investors. In this conversation, Mike and I discuss the drivers and implications of recent consolidation in the payments industry, existential threats to payments incumbents and the trend of paymen...
Aug 21, 2019•39 min
Ryan Gilbert is a General Partner at Propel , a San Francisco-based venture firm with investments in companies including Coinbase, Personal Capital, Trussle, Prosper and many more. Prior to joining Propel, Ryan founded and ran SmartBiz loans, a leading SBA loan originator. In this conversation, we explore a few interesting fintech verticals, including mixed commerce, insurtech and payroll benefits, by way of recent investments Ryan has made. In addition to the insights we deliver through our pod...
Aug 13, 2019•37 min
Sankaet Pathak is the Founder and CEO of Synapse , a platform banking provider. Fresh off a Series B led by Andreessen Horowitz , Synapse is operating at the leading edge of the potentially massive platform banking trend. In this conversation, we discuss the issues with existing sponsor banking infrastructure, examples of new propositions that can be created using a platform like Synapse and the implications of big tech and non-banks increasingly surfacing banking and financial services products...
Aug 06, 2019•41 min
Donna Parisi is a Derivatives Partner and Global Head of Financial Services and Fintech for Shearman & Sterling , a leading global law firm. In addition to her work on a range of derivatives, structured products, securitization, capital markets and commodities matters, Donna has built specific expertise in crypto, tokens and digital assets, which are the subject of our conversation today. Donna and I discuss regulatory frameworks and institutional infrastructure for digital assets, where the spa...
Jul 30, 2019•38 min
Jon Stein is the Founder and CEO of Betterment , one of the world’s leading digital investments companies. We first connected with Jon in January 2018 in a great episode that’s still very relevant today. Since then, Betterment has added $4 billion in assets under management to its platform, and today, they’re launching checking and savings accounts as they extend their offering into banking. This move is a compelling one at a time when consumer fintechs are increasingly extending early product s...
Jul 23, 2019•33 min
The subject of today’s conversation is design in financial services. We talk all the time about the new customer experiences shaping the evolution of finance, generally focusing on the implications of those forces and others on the trajectory of the industry. Today, we take a closer look at those experiences themselves, through the eyes of the people designing them. The first voice you’ll hear after Will's is that of Yenny Otero , Head of Design at TSB . The following speaker is Nick Haley , Pro...
Jul 18, 2019•37 min
The investments space is changing as fast as any other financial services vertical, with roboadvisors, free stock trading apps, contextual behavioral experiences, software automation, AI, new pricing structures and crypto all shaping the future direction of the industry. Today, we discuss the current state and likely future of the space with two of the leading firms in the industry. Chris Worle is the Chief Digital Officer at Hargreaves Lansdown , the UK’s leading retail investments platform. Jo...
Jul 10, 2019•48 min
Paul Taylor is the founder and CEO of Thought Machine, a cloud native core banking platform. We first connected with Paul in November 2017, where we walked through his background as a Google AI engineer and the origins of Thought Machine. Today, we zoom out and update, digging deeper into what drives banks’ decisions to modernize core infrastructure and how, what approaches are best for what organizations and who is furthest along in the journey. In addition to the insights we deliver through ou...
Jul 02, 2019•38 min
Michael Rolph is the co-founder and CEO of Yoyo , a payments, loyalty and receipt app enriching commerce for customers and merchants. The payments space has been actively lately, as incumbents consolidate and startups seek new attack vectors leveraging open banking, native device components, tokens and other emerging technologies. Michael brings a value perspective to recent developments in the space and talks through where payments might be headed. In addition to the insights we deliver through...
Jun 24, 2019•35 min
Nick Hungerford is the founder of Nutmeg , the UK’s leading roboadvisor. Nick founded Nutmeg in 2011 and ran it for five years. Currently, Nick is a partner at Portag3 Ventures and serves on the boards of Nutmeg, multiply.ai and Hong Kong based digital bank Neat . In addition to the insights we deliver through our podcast and newsletter, Rebank offers advisory services to fintechs, banks and corporates. Drawing on our experience starting, running and advising fintech businesses and our vast netw...
Jun 18, 2019•40 min
Ron Suber is the former head of Prosper , one of the original peer-to-peer lenders. Prior to getting involved in Prosper, Ron built and sold Merlin, a tech-first prime broker for the long-tail of hedge funds, acquired by Wells Fargo in 2012 . Ron invests in and advises a number of fintech companies and has developed views on the space and where it’s headed, all of which we get into today. In addition to the insights we deliver through our podcast and newsletter, Rebank offers advisory services t...
Jun 10, 2019•20 min
David Green is the Chief Product Officer at Earnest , a digital student lender and refinancing provider. The student debt market in the US is unique in the world. College is exceedingly expensive, and students fund their educations by borrowing from the government and private lenders. Despite the size of the market and its decades-long history, student lending doesn’t necessarily operate with the same sophistication you would find in other credit markets. David and I talk through some of these p...
Jun 04, 2019•20 min
Matt Harris is a partner at Bain Capital Ventures focused on fintech and financial services. Matt is a fintech legend in New York. Everyone I talked to about this conversation knew Matt and sang his praises effusively. Matt has been an early stage investor since 1997, which is basically forever in fintech years. His portfolio includes Acorns, IEX, Roofstock, SigFig and many more. Matt has highly developed views about the future of payments, lending, banking and investing, which we work through i...
May 28, 2019•47 min
Samvit Ramadurgam is the Co-Founder & President and Kelly Rodriques is the CEO of Forge , a secondary market for private shares. Forge provides access to shares of virtually all of the top 50 privately held tech startups, including Slack and many more, and offered trading in the likes of Spotify, Dropbox, Snap and DocuSign before they IPOed. According to Crunchbase, Forge has raised $88.5m from investors including Peter Thiel, Tim Draper, FT Partners and others. Unlike earlier players in the spa...
May 20, 2019•22 min
Dee Choubey is the Founder and CEO of MoneyLion , a digital bank combining a comprehensive financial offering with AI-driven personalized guidance. With four million users and counting, MoneyLion aspires to build a private bank for the middle class, initially by providing financial access, education and advice to Americans underserved by the financial system. I find MoneyLion’s vision highly compelling. As we’ve said before on the podcast, it feels like many B2C fintechs are converging to the sa...
May 13, 2019•36 min
Ryan King is the Co-Founder and CTO of Chime , one of the leading digital banks in the US. Chime offers free banking to over three million customers, helping them save hundreds a year on banking and gain control of their financial lives. This episode was recorded at LendIt in San Francisco. A huge thanks to Peter Renton and his team for inviting us to participate. As listeners know, digital banking is a space we follow closely. The US is a fascinating market to watch, given the importance of spe...
May 07, 2019•39 min
Erin Collard is Co-Founder of Blend , a digital mortgage origination platform. Blend sits atop incumbent systems and digitizes the mortgage process, massively reducing costs for lenders and expediting origination. Blend’s software is compelling. So compelling, in fact, that 25% of the market now uses Blend’s technology to originate $1 billion of US mortgages every day. Blend has raised $160 million from leading investors including Greylock and Founders Fund . Erin has a fascinating background, w...
Apr 29, 2019•29 min
Michael Sidgmore is a Partner at Broadhaven , a market leading fintech investment bank and venture firm, with clients including ICE and the CBOE and investments including MoneyLion and ScaleFactor. Prior to joining Broadhaven, Michael built the sales team at iCapital , now a multi-billion dollar platform giving investors access to leading alternative investment funds at low minimums. Michael is close to the ground when it comes to US fintech, with an interest in Latin American as well. In this c...
Apr 23, 2019•30 min
Catherine Wines is the Co-Founder of WorldRemit , one of the world's foremost digital remittance providers. Founded in 2010, WorldRemit has raised over $220 million from Accel, LeapFrog and TCV. The platform lets users send money to friends and family in 150 countries, giving people in developing countries access to the financial system at a fraction of the cost of traditional remittance providers. In doing so, WorldRemit empowers local communities, especially women, as Catherine explains. World...
Apr 16, 2019•24 min
Vinoth Jayakumar runs fintech investments for Draper Esprit , a premier venture capital firm and backers of the likes of Revolut and TransferWise . Today we grapple with the backend infrastructure of banking, updating on a subject we’ve covered in the past with 10x , ThoughtMachine , Mambu and others. These and other players have continued to build, recently signing big name clients that expect the future of core infrastructure to be provided by fintechs. This is a complex subject, and we didn’t...
Apr 11, 2019•42 min
Today, we have a very special episode for you. Last week in London, we put on a live event, supported by leading reputation management consultancy Lansons , whose clients include Lloyds, Allianz, Atom Bank, BlackRock, Fidelity, Hargreaves Lansdown, JP Morgan, Invesco, Societe Generale, Vanguard, AXA and many, many more. The topic of discussion was Crypto 2.0, Is Crypto Finally Getting Real? Considered fringe for most of the past few years, crypto and associated technologies potentially represent...
Apr 02, 2019•40 min
Ricky Knox is the Founder and CEO of Tandem , a UK digital bank. It's a fascinating time in digital banking, as tech-forward banks in the UK, US, Europe and elsewhere race for product and geographic coverage and players like Apple and Goldman Sachs , who recently announced a credit card partnership, encroach on retail banks' turf. I thoroughly enjoyed this conversation. As you’d expect, Ricky brings a lot of insight to this topic. If you enjoy today’s episode, please take 30 seconds to leave a r...
Mar 27, 2019•33 min
Francesco Simoneschi is the Co-Founder and CEO of TrueLayer, an Open Banking API platform. Since Open Banking went live early last year, progress has been slow, and reviews have been mixed. At the same time, companies like Plaid and Quovo in the US and Tink and Bud in Europe have raised eight- and nine-figure rounds to scale platforms to support the innovations Open Banking promises. TrueLayer is squarely in the mix of leading Open Banking API platforms, quickly rolling out functionality and see...
Mar 19, 2019•38 min
Lex Sokolin started a roboadvisor way back in 2009, which was eventually sold to AdvisorEngine. As a result of that experience, and the strategy and advisory work he's done since, Lex has unique insight into the evolution of the digital investments space, one of the fastest moving areas of fintech today. If you enjoy today's episode, please leave us a review on iTunes . Thank you very much for joining us today. Please welcome, Lex Sokolin....
Mar 12, 2019•35 min
SME banking is a particular interest of mine, as long-time listeners know. We've covered it from a number of angles on Rebank, including challenger banking with OakNorth , digital lending with iwoca and Spotcap , payments with GoCardless and support services with Xero , to name a few. If one area of fintech has been getting increasing interest lately, it's SME banking, and it's about time. Last week, Pool A of the RBS Capability & Innovation Fund was allocated, with massive cash grants going to ...
Mar 05, 2019•37 min
Rishi Khosla is co-founder and CEO of OakNorth , one of the world's best funded and fastest growing fintechs. We've had OakNorth on the podcast a few times before. In the past, I've generally referred to OakNorth as a challenger bank, which they were, but the company has developed beyond that description. From its savings & lending origins, OakNorth has evolved into a world-class technology platform with a banking license, recently backed by investors, including SoftBank, to the tune of $440m , ...
Feb 27, 2019•25 min
Adam Dodds is the Founder & CEO of Freetrade , a free stock trading app and part of the trend toward intuitive, low cost retail investment solutions. This is an interesting discussion around providing value to customers, and what that means, especially in complex industries like investments. This episode feels less like a stand alone conversation and more like another instalment in an ongoing exploration of how technology can be used to optimize retail investor behavior, decision making and ulti...
Feb 19, 2019•30 min
Nicolas Colin is co-founder of The Family , a European tech incubator with a different approach than most. Their mission is the educate, support and connect entrepreneurs in ways that build great global companies. The Family describes itself a platform that unites entrepreneurs across Europe in Paris, London and Berlin, with a mission to build a startup continent that is diverse, dynamic and open. Their goals is doable, but not easy, which makes them similar to the early stage companies they wor...
Feb 12, 2019•56 min
