Fintech Thought Leaders is your deep dive into the world of venture capital and financial services with today’s digital disruptors. It brings together the most ...
Aplazo's Angel Peña on tackling financial inclusion and expanding access to credit in Mexico with BNPL services
In LATAM countries, particularly Mexico, 10% of the population has a credit card. However, within credit card transactions, according to Mexico's central bank Banxico, around 65% of transactions from credit cards in any given year are installment-based.While working at Morgan Stanley in NYC, Angel Peña, co-founder and CEO of Aplazo, a modern payment network offering payment solutions and merchant tools to help merchants sell more and grow their brands, discovered Mexico's huge cultural preference for paying in installments but also that the country had a major roadblock for mass adoption of purchase financing installment plans.In this episode of the Fintech Thought Leaders podcast, Host Bill Cilluffo and Aplazo CEO Angel Peña discussed Mexico's underbanked population, the benefits of merchants being able to offer installment payment plans (BNPL) to 88% of the Mexican population who do not have credit cards and campaign installments, and the work Aplazo is doing to achieve financial ubiquity in Mexico.
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28:04
Revolutionizing business banking: A deep dive into bank-fintech partnerships with Meow CEO Brandon Arvanaghi
Could the Costco model revolutionize business banking? Meow CEO Brandon Arvanaghi reveals how Meow is redefining the landscape by passing the majority of interest economics back to their customers, surpassing $1 billion assets on the platform with a lean team of appromimately 15 people. We'll uncover the critical role fintech and bank partnerships play, especially in the wake of significant events like the collapse of SVB and Synapse's bankruptcy and we'll share advice for fintech founders on recognizing red flags to avoid potential pitfalls, ensuring your company remains on solid ground.Finally, we delve into the strategic considerations of selecting and managing bank partners for long-term success. Emphasizing the need for redundancy for operational resilience and risk mitigation, we guide you through the critical process of reassessing current banking relationships.
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22:30
Breaking new ground in fintech by reducing payment friction for SaaS companies with Capchase CEO Miguel Fernandez Larrea
Bill Cilluffo sits down with co-founder & CEO of Capchase, Miguel Fernandez Larrea, to discuss critical lessons learned from his early entrepreneurial ventures, creating a category with Capchase, the importance of talking to customers early-on and the importance of managing risk in lending in order to succeed.
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44:32
QED's Ale Piedrahita on the European VC ecosystem and the competitive edge of its fintech market
Bill Cilluffo sits down with QED Principal, Ale Piedrahita, to discuss how living in multiple countries during her childhood has influenced her international life, her perspective on the European VC ecosystem, the competitive edge that Europe’s fintech sector has and the market trends she's most excited about.
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43:57
Driving change in the automotive industry by redefining car financing with Aidan Rushby, CEO of Carmoola
Bill Cilluffo sits down with Aidan Rushby, founder and CEO of Carmoola, to discuss coming to terms with failure, the importance of taking care of one's mental health and founding Carmoola to enable cheaper, easier and faster car finance.
Fintech Thought Leaders is your deep dive into the world of venture capital and financial services with today’s digital disruptors. It brings together the most talented entrepreneurs tackling today’s biggest problems. If you’re looking to learn more about the hottest trends in fintech, you’re in the right place. QED Investors is proud to provide the best fintech advice you can get. To learn more or to read the full show notes from today’s episode, check out QEDInvestors.com.
South Africa