Bank On It

Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech.   You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio.   In this episode the host John Siracusa chats with Tom Ryan, partner at Anthemis.   Anthemis is a leading global venture investment platform with over half a billion in AUM.  A few of their portfolio companies are past guests on the show, such as Farhan Ahmad from Bento for Business, Richard Arundel from CurrencyCloud, James Waldinger from Artivest, Jon Stein from Betterment, Rhian Horgan from Kindur, Fawce from Quantopian and Chris Bruno from Rally Road.      Tune in and Listen.     Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear next Tuesday's all new episode with James Haluszczak from SteelBridge Labs.       About the host:   John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A'  Follow John on LinkedIn, Twitter, Medium  

About this nugget: This nugget was pulled from episode 221 from an interview with Andrew Jamison,  co founder  and CEO at Extend. This nugget is a reminder of being scrappy and fundraising through self doubt towards something big.    What is a nugget of the week?:  The host John Siracusa has recorded over 300 episodes as the host of the Bank On It & Before the A fintech podcasts where he interviews founders building the future of fintech and the VCS/Angels who fund them.  With each interview there's this wow moment when the person interviewed has shared something really special, unique or a reminder on how founders or investors should think. So, here we are delivering those moments to you in the form of a bite sized nugget. About Andrew Jamison:  Andrew worked at American Express for 12 years. He managed all B2B payments solutions, including virtual card platforms and products. Prior to Amex, he spent 10 years as an SAP consultant. About the host:  John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A' 

Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech.   You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio.   In this episode the host John Siracusa chats with Nathaniel Harley, co-founder and CEO of Mantl.  MANTL is a centric outer core ecosystem that gives banks and credit unions the flexibility to innovate using modern technology, while owning their brand throughout the entire customer lifecycle.     Tune in and Listen.   Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear Thursday's all new episode with Tom Ryan from Anthemis.     About the host:   John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A'  Follow John on LinkedIn, Twitter, Medium

Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech.   You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio.   In this episode the host John Siracusa chats with Wes Barton, co-founder and Managing Partner of Third Prime.  Wes was a tobacco farmer turned VC, Third Prime is a venture capital firm that likes to invest in entrepreneurs shaping a better future for humankind.  An example of those companies are Petal, Octane Lending, Climb Credit and LoanStreet.  Third Prime invests big in big ideas.   Tune in and Listen.   Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear next Tuesday's all new episode with Nathaniel Harley from Mantl.     About the host:   John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A'  Follow John on LinkedIn, Twitter, Medium

About this nugget: This nugget was pulled from episode 169 from an interview with Chris Britt, co founder and CEO of Chime. This nugget is on having a crystal clear value proposition.   Subscribe to Bank On It podcast on iTunes, Google Play, Stitcher, Spotify and iHeartRadio and you'll get these nuggets delivered every Wednesday morning. No matter the stage of a company, nailing the value proposition is hard.   Whether it's at startup or growth stage it's difficult, the only thing that evolves is the scope of the challenge.    Regardless, the challenge for founders falls under about three main points.  Does it resonate? Can we deliver a best in class experience? Does it attract customers to drive the right consumer habits? These are very basic points, but nailing the nuances of them is where the real challenge is.  Details are often missed and there's a failure to predict future outcomes on one, two or three of these points, since companies early in life are focused on getting a relative-size customer base.  This causes strategic holes and issues down the road, every short-term choice has unintended long-term consequences, but that is the cost of building something new. When there's no other choice, changing the value proposition or messaging down the road works well.    A simple problem to evolve towards.  Simple, but not easy.    During our interview back in November 2018, Chris shared a moment when he realized consumers assumed Chime was only a rewards program.  Which as we know it's a bank.  Yes, they have great rewards, but consumers thought that's all they had. This causes a problem because rewards seekers are not sticky customers and in order to invest in deeper relationships, Chime needed consumers to open payroll deposit accounts.  They realized this problem when they asked their customers the question.  "Why don't you move your checking account over to us"? The answer they received surprised them.    Chris shared in this clip how they responded. What is a nugget of the week?:  The host John Siracusa has recorded over 280 episodes as the host of the Bank On It & Before the A fintech podcasts where he interviews founders building the future of fintech and the VCS/Angels who fund them.  With each interview there's this wow moment when the person interviewed has shared something really special, unique or a reminder on how founders or investors should think. So, here we are delivering those moments to you in the form of a bite sized nugget. About Chris Britt:  He is the co-founder & CEO of Chime. Before Chime, Chris was the Chief Product Officer and SVP, Corporate Development at Green Dot. Prior to that, Chris held roles as a senior product leader at Visa and as one of the first executives at ComScore. About the host:  John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A'   

Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech.   You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio.   In this episode the host John Siracusa chats with Gavin Myers, General Partner of Prudence Holdings.  Prudence Holdings is an early and growth stage investment firm based in New York City. They have an impressive list of companies it has backed such as Compass, Blockchain.com and Morty.. In addition, they've invested at the growth stage in companies including Facebook, Uber and Spotify.        Tune in and Listen.   Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear Thursday's all new episode with Wes Burton from Third Prime.     About the host:   John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A'  Follow John on LinkedIn, Twitter, Medium

Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech.   You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio.   In this episode the host John Siracusa chats with Will Mitchell, co-founder & CEO of Rabbet.  Rabbet is a construction finance platform that parses documents and connects information for frictionless transactions. Will noticed there are so many people and processes that need to align in order to get construction loans processed so he built Rabbet to solve this problem.  Rabbet is backed by QED Investors, Goldman Sachs, Tectonic Capital and Camber Creek.        Tune in and Listen.   Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear next Tuesday's all new episode with Gavin Myers from Prudence Holdings.     About the host:   John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A'  Follow John on LinkedIn, Twitter, Medium  

About this nugget: This nugget was pulled from episode 240 from an interview with Mark Beeston,  Founder and managing partners at Illuminate Financial. This nugget is on reading the market and taking action.   Subscribe to Bank On It podcast on iTunes, Google Play, Stitcher, Spotify and iHeartRadio and you'll get these nuggets delivered every Wednesday morning. Market conditions often change in little ways, but sometimes there are massive shifts. Reading the market and building a business model that rides the wave of change is very hard to do.  To do this, investors look for signals of change and use those signals as a baseline to benchmark. Humans are always looking for patterns, we do this starting as babies.   But, when in the cusp of a massive market change signals and patterns can be confusing and misleading.    Causing us to have incorrect or short-sighted predictions.   As we get older and wiser we start to ask why more often, asking yourself why 5 times to a single question, can lead to the root of the truth.  Take a look at a particular market where the current tech stack's obsolete, yet, still functioning.  Start with "why is that?" When you get to your third "why" you might ask "why are they still using it?" This is where it starts to get interesting.    The post-crisis financial market showed us that the technology supporting it was obsolete. But obsolete technology didn't drive the change we're noticing today. Massive industry de-leveraging, multi-jurisdictional regulations and a transition into a zero tolerance compliance environment did. The nuances in that understanding will influence massive bets. There is a difference between investing in new technology that will replace old, compared to new technology that could be the tech stack of the new market.    What is a nugget of the week?:  The host John Siracusa has recorded over 280 episodes as the host of the Bank On It & Before the A fintech podcasts where he interviews founders building the future of fintech and the VCS/Angels who fund them.  With each interview there's this wow moment when the person interviewed has shared something really special, unique or a reminder on how founders or investors should think. So, here we are delivering those moments to you in the form of a bite sized nugget. About Mark Beeston: He founded Illuminate after a 25+ year career in capital markets where he had been both the consumer of capital markets technologies as well as the entrepreneur, operator, and funder of capital markets businesses. Prior to founding Illuminate, Mark was the CEO for the Post Trade Risk and Information business at ICAP (now Nex) where he oversaw the creation of ICAP's own investment subsidiary. Prior to ICAP Mark launched T-Zero (now ICELink) during his time at Creditex before the company was acquired by ICE in 2008. He started his career with 13 years at Deutsche Bank in derivatives trading and management, including periods as COO for both the Global Rates and Global Credit businesses.    About the host:    John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A' 

Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech.   You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio.   In this episode the host John Siracusa chats with Dan Rosen, co-founder & CEO of d1g1t.  d1g1t is a digital wealth management platform powered by analytics that offers advanced, transparent portfolio management services.  Dan is a quant and adjunct professor of mathematical finance at the University of Toronto. d1g1t was born out of  a successful exit from his past company R2 (pronounced R Squared). d1g1t is venture backed by Portag3, Illuminate Financial, Extreme Venture Partners, CI Financial and Purpose Financial.      Tune in and Listen.   Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear Thursday's all new episode with Will Mitchell  from Rabbet.     About the host:   John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A'  Follow John on LinkedIn, Twitter, Medium

Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech.   You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio.   In this episode the host John Siracusa chats with Shannon Austin, Partner at Financial Venture Studio.  Financial Venture Studio is a Venture Capital firm, but their model is quite different, they run a 6-month program for high potential early-stage firms. They invest with a mix of content, connections and camaraderie which they feel will help founders build successful startups.        Tune in and Listen.   Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear next Tuesday's all new episode with Dan Rosen  from d1g1t.     About the host:   John, is the host of the 'Bank On It' podcast recorded onsite in Wall Street at OpenFin, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC.   He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to 'Bank On It', 'Before the A'  Follow John on LinkedIn, Twitter, Medium