The future of fintech with Plaid CEO Zach Perret | E1818

This Week in Startups is brought to you by… Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at vanta.com/twist. The Embroker Startup Insurance Program helps startups secure the most important types of insurance at a lower cost and with less hassle. Save up to 20% off of traditional insurance today at Embroker.com/twist. While you’re there, get an extra 10% off using offer code TWIST. Fount. Do you want access to the performance protocols that pro athletes and special ops use? With Fount, an elite military operator supercharges your focus, sleep, recovery, and longevity, all powered by your unique data. Want a true edge in work and life? Go to fount.bio/twist for $500 off. * Today’s show: Plaid CEO Zach Perret joins Jason to break down the behind-the-scenes details of Plaid’s canceled merger with Visa (1:21), Plaid’s origin story (16:44), tactics on growing a community within your early customer base (27:36), and more! * FOLLOW Zach: https://twitter.com/zachperret * Time stamps: (0:00) Jason welcomes Plaid CEO Zach Perret! (1:21) Plaid's canceled Visa merger, coming out the other side of a canceled acquisition stronger (11:30) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (12:36) Zach breaks down Plaid's product and business (16:44) Plaid's origin story (26:08) Embroker - Use code TWIST to get an extra 10% off insurance at https://embroker.com/twist (27:36) Tactics for growing a community within your customer base (35:24) Competition, specifically from financial giants (38:58) Fount - Get $500 off an executive health coach at https://fount.bio/twist (40:28) FedNow, CBDCs, and the next evolution of payment rails (50:13) Silicon Valley Bank implosion from Plaid's POV (53:17) Surviving 2022, and the future of fintech in 2023 and beyond * Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four Apply for Funding: https://www.launch.co/apply Buy ANGEL: https://www.angelthebook.com Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast