Fintech’s Biggest Shift Is Happening Now, with Sheel Mohnot of BTV

In this episode Rex chats with Sheel Mohnot from Better Tomorrow Ventures. Sheel shares his journey of living on a dollar a day in India, founding and selling multiple companies (including one sparked by a chance meeting on a train), and even hosting nine weddings—one of them sponsored by Taco Bell in the metaverse. They dive into Sheel’s evolving personal finance stack, from traditional banks to Robinhood’s gold credit card, and discuss why consumer fintech is suddenly exciting again. Sheel also unpacks how AI-driven solutions are transforming bookkeeping, mortgage operations, and more. From vertical SaaS insights to San Francisco’s culture of radical experimentation, this conversation is a whirlwind tour of where fintech is headed.

00:00:00 - Introduction

00:01:00 - BTV Office & Life Above Work

00:02:46 - Microfinance & Typhoid Stories

00:04:01 - Half-Billion Domain Startup

00:05:13 - Nine Weddings & Taco Bell

00:06:28 - Building a Modern Finance Stack

00:08:14 - Credit Cards & Margin Lending

00:10:24 - Bank Inefficiencies & Chime’s IPO

00:11:33 - Consumer Fintech: Lessons & LTV

00:15:50 - B2B Focus & Early-Stage Strategy

00:19:15 - AI in Services: Accounting & Mortgage

00:23:07 - Vertical SaaS & Embedded Finance

00:31:10 - AI’s Impact on Low-Margin Services

00:33:34 - Doing More with Less & Moats

00:40:01 - Regulatory Shifts & SF’s Future