DiscoverThe IO Podcast: Investor + OperatorThe Kings of Fintech | How NerdWallet's Jake Gibson and Sheel Mohnot Are Funding The Next Generation | Ep. 9
The Kings of Fintech | How NerdWallet's Jake Gibson and Sheel Mohnot Are Funding The Next Generation | Ep. 9

The Kings of Fintech | How NerdWallet's Jake Gibson and Sheel Mohnot Are Funding The Next Generation | Ep. 9

Update: 2024-04-10
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There may be no better pair of fintech investors than Better Tomorrow Ventures Jake Gibson and Sheel Mohnot. After successful exits in the industry -- Jake as the co-founder of NerdWallet, one of the OG consumer fintech companies, and Sheel with FeeFighter and Innovative Auctions, Jake and Sheel saw a gap in the market and started a fund to help fintech companies at the earliest stages. And they've already had some big wins, counting Ramp and Unit as Portcos.

Jake and Sheel joined us on the pod to tell us how they built their previous companies and talked to the future of fintech and the the trends they're seeing across the industry. We cover the pandemic-induced surge in fintech interest and how their big bet is on embeddable fintech, where financial services are seamlessly integrated into non-financial platforms.

Chapters:

00:00:35 Tyler & Sterling's Intro

00:07:05 Starting NerdWallet during the 2008 Financial Crisis

00:12:34 How Jake Gamed Google SEO To Grow NerdWallet

00:19:08 How Better Tomorrow Ventures Started

00:24:17 Early Support from Andreessen Horowitz for Fund

00:30:08 Fintech Investment Opportunities During The Pandemic

00:37:38 Embedded Fintech Is The Future

00:45:52 The Durbin Amendment & Changing Bank Profit Pools

00:55:47 Jake And Sheel's Nominees for Best Operators & Investors

Connect with Jake And Sheel

Twitter (Sheel): https://twitter.com/pitdesi

Twitter (Jake): https://twitter.com/iamjakestream

Website: https://www.btv.vc/

Learn More About The Mint

https://www.themint.vc/

Connect with IO Pod

Twitter: https://twitter.com/IO__podcast

Tiktok: https://www.tiktok.com/@io_podcast

YT: https://www.youtube.com/channel/UCayuY0VO95kQTUXJvh9T0oQ

Website: https://www.investoroperator.io/

This episode of the IO Podcast is brought to you by Pelion Venture Partners

https://pelionvp.com/

#StartupLife #StartupMentality

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The Kings of Fintech | How NerdWallet's Jake Gibson and Sheel Mohnot Are Funding The Next Generation | Ep. 9

The Kings of Fintech | How NerdWallet's Jake Gibson and Sheel Mohnot Are Funding The Next Generation | Ep. 9

Sterling Snow and Tyler Hogge