Podcast: Jake and Sheel on Village Global Venture Stories
The State and Future of Fintech with Sheel Mohnot and Jake Gibson
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Interview originally published by Village Global here.
Sheel Mohnot (@pitdesi), fintech investor, and Jake Gibson (@iamjakestream), co-founder of NerdWallet, together the co-founders of Better Tomorrow Ventures, join Erik on this episode.
They discuss:
- Why it’s still so hard to start a fintech company.
- The history of retailers moving into financial services, a trend that Sears started back in the day.
- How different categories within fintech have evolved over time and the challenges and opportunities inherent in each of them.
- Why financial education hasn’t worked, why it is likely not to work in the future, and the implications for building personal financial managers.
- Where the opportunities are in the insurance and re-insurance markets.
- Which of the big incumbent tech companies will have made the most progress in the financial space in the next five to ten years.
- Their requests for startups.
- How the space will look different in the next five years.
Listen Here
Jake and Sheel are the Founding Partners of BTV, which also runs The Mint, the pre-seed program for fintech founders. They accept applications and introductions on a rolling basis. Pre-BTV, Jake was Co-Founder of NerdWallet, and Sheel was Co-Founder with successful exits from FeeFighters and Innovative Auctions.
