Money20/20 Special: Immad Akhund, CEO/Founder of Mercury Bank, and Tracey Davies, CEO Money20/20, & Scarlett Sieber, Chief Strategy & Growth Officer @ Money20/20

Nov 16, 2021

Ask episode

Chapters

Transcript

Episode notes

In this Fintech Leaders episode, we bring you a special set of interviews from Money20/20 Las Vegas, one of the largest Fintech Conferences in the world.

First, Miguel sits down with Tracey Davies, Money20/20 CEO, and Scarlett Sieber, Money20/20 Chief Strategy & Growth Officer.

We discuss:

- Their excitement to bring the event back in person

- Some of the key fintech trends from this year, including Crypto, DeFi, Financial Infrastructure.

Next, you will hear a conversation with Immad Akhund, CEO/Founder of Mercury, a US-based challenger bank built for startups and e-commerce companies.

Founded less than four years ago, Mercury Bank recently became a unicorn valued at $1.6 billion and has raised $180 million from a long list of investors including Coatue, a16z, and Clocktower.

Immad and Miguel explored:

- The story and incredible growth of Mercury

- Immad’s vision on the future of business banking

- Valuable Entrepreneurial advice:

1. Make something people really want

2. Have a retentive product

3. Focus on good unit economics

4. Build a great distribution strategy

5. And, most importantly, have a good story that you're genuinely passionate about!

Finally, Immad reminded Miguel why his favorite type of people are entrepreneurs. They spent a long time looking for a quiet space to record our episode, and when the only available area was an empty corner with no chairs or tables, Immad didn’t hesitate for a second to just record the episode while sitting on the floor. It was yet another reminder that you don’t need a fancy recording studio or office to get shit done!

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.

Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.

Miguel on LinkedIn: https://bit.ly/3nKha4Z

Miguel on Twitter: https://bit.ly/2Jb5oBc

Fintech Leaders Newsletter: bit.ly/3jWIpqp