Rebank: Fintech Analysis

Krik Gunning is the CEO and co-founder of Fourthline, one of fastest growing companies in Europe. Fourtline verifies the identities of millions of customers for clients like N26, ING, SolarisBank, Degiro, Flatex and many others. Aman and Krik discuss the genesis of KYC and the constant struggle between compliance and risk at regulated institutions. They look at real world examples of how companies are stopping financial crime and how technology offerings in this commoditized market stand out. For all of our past episodes and to sign up for our newsletter, please visit www.bankingthefuture.com. Thank you very much for joining us today. Please welcome, Aman Ghei and Krik Gunning.

Charlie Olson is the Co-Founder and CEO of Pando, a Series A stage fintech designing new ways for high financial variability performers to manage financial risk and upside. Pando's platform allows professional baseball players and more recently business school graduates to pool future earnings potential in ways that smooth income volatility for the group. In theory, this type of approach could help society better allocate talent against opportunities, without the constraint of personal financial risk appetite. For all of our past episodes and to sign up for our newsletter, please visit www.bankingthefuture.com. Thank you very much for joining us today. Please welcome, Charlie Olson.

Mike Cagney is the Co-Founder and CEO of Figure, a full stack financial services blockchain company with consumer offerings in market or on the way in lending, banking and more. In late-2019, Figure raised $103 million at a $1.2 billion valuation and continues to grow. Prior to starting Figure, Mike co-founded and ran SoFi, one of the most successful consumer fintech companies ever. In this conversation, we discuss Figure's routes to asset origination and capital markets disruption, Figure's previously unannounced consumer banking and payments offering, lessons learned building and scaling multiple billion dollar companies and more. For all of our past episodes and to sign up for our newsletter, please visit www.bankingthefuture.com. To subscribe to Lex's amazing work, please visit www.fintechblueprint.com. Thank you very much for joining us today. Please welcome, Mike Cagney and Lex Sokolin.

Manuel Silva is the Head of Investments for Santander InnoVentures, Santander's Corporate Venture Capital arm and a leading fintech investor. InnoVentures' investment portfolio includes companies like Kabbage, Ripple, SigFig, Tradeshift, Curve, Payjoy, Roostify, Trulioo, Klar and Upgrade. In this conversation, Manuel and I discuss advice for founders in a recession, potential for COVID-driven consolidation in fintech, opportunities in LATAM and thoughts on the digital banking business model.

Robo 1.0 success Personal Capital was acquired for nearly $1 billion by Empower, a major retirement savings manager. Softbank-backed insurtech darling Lemonade IPOed at less than $2 billion, in a successful fundraise and listing, and has since seen its market cap rise to over $4 billion. The IPO is a landmark for an insurtech industry in desperate need of successes. And PayPal announces the impending launch of crypto trading to its 325 million uses. The move isn't overly interesting in its own right, but the implications for the crypto space are worth exploring. For all of our past episodes, and to sign up to our newsletter, please visit www.bankingthefuture.com. To subscribe to Lex's amazing newsletter, please visit www.fintechblueprint.com.

Stuart Sopp is the Founder and CEO of Current, a leading US digital bank. Current has over a million users, with a focus on young, financially excluded Americans. In this conversation, we discuss how Current achieves profitable unit economics, what differentiates Current from competitors, key differences between the US and European digital banking markets and more. For all of our past episodes and to sign up for our newsletter, please visit www.bankingthefuture.com. Thank you very much for joining us today. Please welcome, Stuart Sopp.

Mike Packer, Partner at QED, and Michael Sidgmore, Partner at Broadhaven Ventures, are active investors in Latin America, with collective portfolio companies including Credijusto, Loft, Nubank and many more. In this conversation, we discuss market dynamics, nuances and opportunities in Latin American fintech and much more. For all of our past episodes and to sign up for our newsletter, please visit www.bankingthefuture.com. Thank you very much for joining us today. Please welcome, Mike Packer and Michael Sidgmore.

Today, we're joined by Lex Sokolin to talk through a few recent events that are indicative of what's important in fintech right now. And boy, is there a lot to talk about. WhatsApp launches payments in Brazil and is unceremoniously shut down by the central bank a week later, MasterCard buys Finicity to protect itself against Visa's recent acquisition of Plaid, Checkout.com continues its largely silent meteoric rise in payments, Softbank-backed, DAX 30 index component Wirecard "loses" $2 billion from its balance sheet and files for insolvency, Upgrade raises $40 million at a $1 billion valuation to extend its personal credit offering. For all of our past episodes, and to sign up to our newsletter, please visit www.bankingthefuture.com. To subscribe to Lex's amazing newsletter, please visit www.fintechblueprint.com. Thank you very much for joining us today. Please welcome, Lex Sokolin.

Andy Rachleff is the Co-Founder and CEO of Wealthfront, one of the world's leading investments and personal finance companies. Building around a core investments offering for young professionals, Wealthfront has added checking, savings and debit functionality plus automation, with the ultimate vision of delivering self-driving money, where personal finance is fully automated by software. Today, Wealthfront is announcing the launch of checking account features in a significant extension of its existing offering. Prior to founding Wealthfront, Andy co-founded Benchmark, one of the most respected venture capital firms on the planet. For all of our past episodes, and to sign up to our newsletter, please visit www.bankingthefuture.com. Thank you very much for joining us today. Please welcome, Andy Rachleff.

Oliver Hughes is the CEO of Tinkoff Group, one of the world's most successful digital banking groups with over ten million customers. Tinkoff is publicly listed, which brings clarity to its operating model in a time when many noteworthy consumer digital banks are pursuing customer acquisition at the expense of profitability. Oliver has led Tinkoff through three financial crises, so brings experience and perspective to the current COVID crisis. This is a fascinating discussion about unit economics in digital banking and winning business models with a CEO with thirteen years of experience in this game. For all of our past episodes, and to sign up to our newsletter, please visit www.bankingthefuture.com. To subscribe to Lex's amazing newsletter, please visit www.fintechblueprint.com. Thank you very much for joining us today. Please welcome, Oliver Hughes and Lex Sokolin.