Welcome to the Tearsheet Podcast. I’m Tearsheet’s founder and editor-in-chief, Zack Miller. If we were only talking about the benefits of open finance a couple of years ago, we’re already seeing open finance take root today. Firms like Plaid and Codat are showing the power of integrating customer financial data across firms and into apps. New use cases are popping up all the time. Today’s guest is Peter Lord, CEO of Codat. Codat zeroes in on small business financial data. That’s a very different problem to solve than, say, aggregating consumer data. Pete joins me on the podcast to talk about the challenges of wrangling SMB financial data. We also chat about how and where he decides to provide value-added services on top of the data he’s sharing versus just providing the raw data. Pete shares his feedback on the evolution of use cases for SMB financial data he’s seen over the past 5 years of running Codat.