Fintech Insider Podcast by 11:FS

Latest Episodes:

418. Insights: Coronavirus and the impact on SME Financing Apr 17, 2020

Show notes

It is no secret that probably the hardest hit of the economic impact of the coronavirus pandemic are SMEs and the self employed. In this episode, Sarah Kocianski and Simon Taylor, dig into the impact COVID-19 is having on small businesses; the options they have from banks, lenders and the government; and the ways that fintechs are trying to help.

They are joined by a panel of expert guests who are all providing solutions to this conundrum. This week's guests include:

Sam O'Connor - CEO, Coconut
Rebecca Duckworth - Chief Sales Officer, Quotevine
Ian Smith - CEO, 1pm PLC

Sarah, Simon and our guests talk through the impact Covid-19 is having on SMEs overall, what the government roll out packages are; who can lend to SMEs and how speed is of the essence.

Our panel also have a crack at giving some future predictions for how the current crisis could change SME financing in the future.

This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and offer your customers the experience they value. Hundreds of AI-based analytics and face comparison algorithms work together to verify a user is truly the owner of their ID document in order to enable secure customer acquisition, fast money movement and prevent account takeover fraud. Document verification and facial biometrics work hand-in-hand to verify identities of users to provide them with a secure and convenient onboarding process.

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Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates, Leda Glyptis and Sarah Kocianski and joined by a range of brilliant guests, we cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Ian Smith, Rebecca Duckworth, and Sam O'Connor.

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417. News: SoFi snaps up Galileo for $1.2b Apr 13, 2020

Show notes

Our expert hosts, David Brear and Simon Taylor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include:

Tanya Andreasyan, Managing Director and Editor-in-Chief at Fintech Futures
Izabella Kaminska, FT Alphaville Editor at the Financial Times
Olly Betts, Co-Founder and CEO, OpenWrks

We cover the following stories from the fintech and financial services space:

SoFi buys Galileo for $1.2bn (03:17)
Kabbage suspends credit for small-business clients (11:21)
Banks struggle to keep up with tidal wave of business loan applications for covid relief (19:29)
New Banking Competition Remedies pool announced as Nationwide abandons business banking (27:40)
Fintechs take action to combat effects of coronavirus (34:54)
FCA allows selfies for identity checks (58:20)

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Izabella Kaminska, Olly Betts, and Tanya Andreasyan.

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416. Interviews: Varo Money - the first fintech to get FDIC approval Apr 10, 2020

Show notes

In today's episode, we bring you an interview with Wesley Wright, COO at Varo Money. Joining Sam Maule remotely, the pair kick things off with the story of how Varo Money came to be and how they aim to improve financial health and financial inclusion. Having now been approved for FDIC insurance, we hear about the process with regulators, why they decided to apply when other fintechs haven't, and what this means for the future of Varo Money and their ambitions. With our current environment, Sam and Wesley also touch on how to staying focused during a time of crisis, solving critical problems and the importance of listening to your customers at times of uncertainty.

Tune in for industry insights, a wealth of experience and much much more!

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guest: Wesley Wright.

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415. News: Major US banks protect employees as start-ups stall Apr 06, 2020

Show notes

Our expert hosts, David Brear and Eric Fulwiler, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include:

Allison Esposito Medina - CEO and Founder of Tech Ladies
Jonah Crane - Partner at Klaros Group
Nonita Verma - East Coast Banking Partnerships Lead at Nova Credit

We cover the following stories from the fintech and financial services space:

US banks promise not to lay-off workers during coronavirus pandemic (06:36)
Venture-backed start-ups may not be eligible for small-business stimulus (17:54)
Square and PayPal offer to extend stimulus payments to the unbanked (27:48)
Microsoft partners with Plaid on Excel finance tool (35:21)
Morgan Stanley’s trading portal suffers outage (43:53)
Marcus releases fixed-term savings bond (50:41)
Does this April Fools prank go too far? (53:51)

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Allison Esposito Medina , Jonah Crane, and Nonita Verma .

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414. Interviews: Nova Credit - scoring, covid crisis and celebrity funding Apr 03, 2020

Show notes

In today's episode, we bring you an interview with Nicky Goulimis, co-founder and COO at Nova Credit. Joining Sam Maule remotely, the pair kick things off with the company's origin story and how Nova Credit came to be. With no previous fintech experience, we hear about how Nicky and her co-founders were fueled by their credit troubles as international students in the US to create a solution for the underbanked from across the globe.

Now working to push systemic change across the industry, Sam and Nicky also touch on Nova Credit's high-profile endorsements, the pressures of coronavirus and how their recent $50 million funding round is helping them work towards a better future of credit and credit checks.

Tune in for industry insights, a wealth of experience and much much more!

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guest: Nicky Goulimis.

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413. News: Can fintech and bank collaborations help SMEs through coronavirus? Mar 30, 2020

Show notes

Our expert hosts, Sarah Kocianski and Leda Glyptis, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include:

Carlo Gualandri, CEO and founder of Soldo
Myles Stephenson, CEO of Modulr
Keith Grose, Head of UK at Plaid

We cover the following stories from the fintech and financial services space:

Interest rates slashed at home and abroad to combat the impact of coronavirus (03:36)
Contactless limits to rise by £15 (11:13)
Covid Credit comes together for the self-employed (19:05), featuring comment from 11:FS' Simon Taylor about how Covid Credit came to be.
SoftBank’s buying spree ends (27:38)
Revolut launches stateside (35:14)
Xinja draws investment from World Investments (42:33)
Bunq expands its Green Card to 30 countries (49:09)

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Carlo Gualandri, Keith Grose, and Myles Stephenson .

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411. News: Coronavirus - central banks and regulators step in Mar 23, 2020

Show notes

Our expert hosts, David Brear and Jason Bates, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include:

Alex Latham - CMO at Chip
Layla White - CEO of TechPassport
Charlotte Crosswell, CEO of Innovate Finance

We cover the following stories from the fintech and financial services space:

Governments and regulators around the world react to coronavirus (03:55)
FCA releases coronavirus response (14:33)
Bank of England seeks input on digital currency (23:10)
FDIC approves Square loan charter (33:22)
Monzo enters the SME space (39:58)
A busy week at Revolut (50:15)
Nationwide to open early for vulnerable customers (1:03:11)

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Special Guests: Alex Latham, Charlotte Crosswell, and Layla White .

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410. After Dark 11 - Four fintech debates and a rant bucket Mar 20, 2020

Show notes

Recorded live in London, David Brear, Simon Taylor, Leda Glyptis and Sarah Kocianski all take the stage for After Dark 11. For our 11th instalment, we brought back all our favourite parts of our shows - news, insights and some fun and games!

After reminiscing about their favourite After Dark moments, David kicks off the debates with a news story about the continuing BCR saga as it turns out free money might come with consequences after all. (08:00) Handing over to Sarah, the next lively discussion was all about product-market fit. Following the news of N26 leaving the UK and JPMorgan Chase wanting to move in, what does product-market fit look like? (18:23)

Shaking things up a bit at half time, we brought back the Rant Bucket - a game first premiered at After Dark Atlanta. Each host pulls a topic out of a bowl and then has 1 min to give their best rant about the topic. (28:08)

Returning to our energetic debate, Simon takes the lead on a story about investment app outages and asks the question of whether the democratisation of investment is the right thing to do. (43:57) Rounding out the night, Leda talks numbers. Funding rounds and fintech valuations - but what does it all mean? (55:16) Tune in to this episode to find out!

This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and offer your customers the experience they value. Hundreds of AI-based analytics and face comparison algorithms work together to verify a user is truly the owner of their ID document in order to enable secure customer acquisition, fast money movement and prevent account takeover fraud. Document verification and facial biometrics work hand-in-hand to verify identities of users to provide them with a secure and convenient onboarding process.

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Sponsored By:

Learn more about your ad choices. Visit megaphone.fm/adchoices

409. News: Banks react as coronavirus impacts global financial markets Mar 16, 2020

Show notes

Our expert hosts, Ross Gallagher and Sarah Kocianski, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include:

Pranav Sood - VP Small Business at GoCardless
Valentina Kristensen, Director of Growth and Comms, OakNorth

We cover the following stories from the fintech and financial services space:

RBS offers funding, and mortgage breaks to address coronavirus (01:44)
Standard Chartered names new Hong Kong virtual bank (10:20). Plus, we hear more on this from Mox CEO Deniz Guven. (15:52)
OakNorth Bank reports spike in pre-tax profits (18:05)
Xinja bars new customers after interest rates drop (29:09)
Revolut allegedly applying for UK bank licence (37:45)
Operations frozen at Yes Bank, co-founder arrested for alleged money laundering (42:39)
Starling to sponsor Team GB at the Tokyo Olympics (50:36)

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Deniz Guven, Pranav Sood, and Valentina Kristensen.

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408. Insights: Women in fintech: has anything changed? Mar 13, 2020

Show notes

With International Women’s Day having just passed, this episode is all about women in fintech. It's no secret that technology and financial services have a gender diversity problem, and in this Insights show, Sarah Kocianski alongside 3 accomplished women in fintech dive into how, and if, this is changing.

This week's guests are:

Charlotte Crosswell - CEO at Innovate Finance
Wincie Wong - Head of Rose Review Implementation at Natwest
Evelina Vrabie - CTO at Toucan

Why is diversity in fintech important? As we discuss in the show, there is strong evidence that diversity can improve the performance of organizations, particularly those relying on creativity and innovation. But what are the barriers to entry? STEM subjects have always been a gateway into tech and financial services careers and we talk about why the number of young women pursuing these subjects has only seen marginal changes.
And finally, we talk about how far we have come over the years. What's changed? What has remained the same? And what is the future of gender diversity in fintech?

If you enjoyed this episode, don't forget to subscribe and please leave a review

Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Charlotte Crosswell, Evelina Vrabie, and Wincie Wong.

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