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

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 Intro00:07:05 Starting NerdWallet during the 2008 Financial Crisis00:12:34 How Jake Gamed Google SEO To Grow NerdWallet00:19:08 How Better Tomorrow Ventures Started00:24:17 Early Support from Andreessen Horowitz for Fund00:30:08 Fintech Investment Opportunities During The Pandemic00:37:38 Embedded Fintech Is The Future00:45:52 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/pitdesiTwitter (Jake): https://twitter.com/iamjakestreamWebsite: https://www.btv.vc/Learn More About The Minthttps://www.themint.vc/Connect with IO Pod Twitter: https://twitter.com/IO__podcastTiktok: https://www.tiktok.com/@io_podcastYT: https://www.youtube.com/channel/UCayuY0VO95kQTUXJvh9T0oQWebsite: https://www.investoroperator.io/This episode of the IO Podcast is brought to you by Pelion Venture Partnershttps://pelionvp.com/#StartupLife #StartupMentality