Transitioning to Digital Banking

Yoseph West is the Co-Founder & CEO of Relay Financial, a business banking platform that gives SMBs better visibility into their financials and simplifies collaboration between small business owners and their advisors — accountants and bookkeepers.

In today’s podcast, he shares specifics on the problems solved by Relay Bank.  He and Bradley discuss how Relay Bank is “business banking reimagined for the 21st century.”  He also discusses the concept of fast growth culture, including…

• Use of remote work
• How much work space is needed
• Challenges with hybrid work culture
• How to set goals and targets

He shares how he and his team has worked to keep the same culture that was created with 6 employees with 50-100 employees.

He and Bradley also discuss the future of banking, looking at predictions based on how things have been going.  Finally, they talk through the pros and cons of bootstrapping vs. taking on outside capital.