How Does Fintech Scale?
Description
In this episode of Accrued, Tedd Huff and Colton Pond talk with Scott Johnson, the Senior vice president at Galileo Financial Technologies. Scott shares his 20-year experience at Galileo, a leading FinTech platform owned by SoFi Technologies. They discuss Galileo's role in helping big names like Chime and Monzo, the company's bold move to publish APIs, and its expansion into Latin America. Scott tells a funny story about a water leak during a MasterCard visit and explains how Galileo's technology supports over 151 million accounts.
The discussion covers the impact of AI and machine learning in finance, highlighting Galileo's AI chatbot, Konecta, and their payment risk platform. They emphasize the importance of long-term partnerships and a consultative approach. Scott talks about SoFi's acquisition and the new opportunities it brought, along with insights on international expansion. This episode contains valuable information for anyone interested in FinTech, AI, and modern banking technology. Scott Johnson's insights are valuable for FinTech enthusiasts and those curious about technology in finance.
United States
