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The Front Page of Fintech

The the largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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🎧 Plaid CEO Zach Perret: Plaid’s Next Chapter in the AI Era, ‘Fintech Spring,’ and Mastering Fintech Hiring

🎧 Plaid CEO Zach Perret: Plaid’s Next Chapter in the AI Era, ‘Fintech Spring,’ and Mastering Fintech Hiring
Plaid Co-Founder & CEO Zach Perret

Welcome to the inaugural episode of This Month in Fintech, a new flagship podcast from the folks at This Week in Fintech.

The show is hosted by Ryan Zauk, who will sit down monthly with some of the world’s most renowned tech and finance leaders, sharing their stories and products while unpacking their secrets to success.

Our inaugural guest is none other than Zach Perret, Co-Founder and CEO of Plaid. Plaid has reached near ubiquity in Financial Technology, building the connective tissue underpinning many aspects of modern fintech.  

To give you a sense of their scale today:

  • Over 1 in 3 US consumers have linked accounts through Plaid
  • 500M+ connected accounts in the Plaid network
  • ~15.5M new consumer connections per month, with the average user connecting to 3-5 apps in our network
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This Month in Fintech: Zach Perret
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Plaid CEO Zach Perret: Plaid’s Next Chapter in the AI Era, ‘Fintech Spring,’ and Mastering Fintech Hiring by This Week in Fintech’s Podcast
Welcome to the inaugural episode of This Month in Fintech, a new flagship podcast from the folks at This Week in Fintech. The show is hosted by Ryan Zauk, who will sit down monthly with some of the world’s most renowned tech and finance leaders, sharing their stories and products while unpacking their secrets to success. Our inaugural guest is none other than Zach Perret, Co-Founder and CEO of Plaid. Plaid has reached near ubiquity in Financial Technology, building the connective tissue underpinning many aspects of modern fintech. To give you a sense of their scale today: Over 1 in 3 US consumers have linked accounts through Plaid 500M+ connected accounts in the Plaid network ~15.5M new consumer connections per month, with the average user connecting to 3-5 apps in our network
Plaid CEO Zach Perret: Plaid’s Next Chapter in the AI Era, ‘Fintech Spring,’ and Mastering Fintech Hiring
Welcome to the inaugural episode of This Month in Fintech, a new flagship podcast from the folks at This Week in Fintech. The show is hosted by Ryan Zauk, who

Episode Summary

In this episode, Zach and Ryan discuss:

1:45 – The founding principles of Plaid and the state of Fintech in ~2012

5:27 – Plaid’s Ubiquity in Financial Services

7:11 – Plaid’s New Slate of Products, Starting with Plaid Check

13:25 – Plaid Beacon

15:33 – Plaid Layer

19:37 – Enterprise Sales Challenges in Financial Services

23:55 – Plaid IPO?

24:47 – Plaid’s Hiring Philosophy and Hiring New President Jen Taylor

28:58 – Zach’s Growth as a Founder

35:43 – Gen AI in Financial Services and Advice to GenAI Founders

41:40 – Rapid Fire Round

Video Sneak Peeks:

How does Zach think about hiring talent in fintech?

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/0:53

How does Zach think about hiring talent in fintech?

What Is Plaid Layer?

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/0:44

What is Plaid Layer?


Transcript

Ryan Zauk - Host: The views expressed in this podcast are the speaker's own and are not the views of This Week in FinTech or any other person or entity. The content provided in this podcast is for informational purposes only and should not be construed as legal, business, tax, or investment advice or a recommendation, solicitation, endorsement, or offering by me or anyone else for the sale, subscription, or purchase of securities or for investment advisory services of any kind.

Hello, everyone, and welcome to the inaugural episode of the This Month in FinTech podcast brought to you by the folks at This Week in FinTech. I'm your host, Ryan Zouk, and it is great to be back behind the mic after a few years hiatus. Hopefully, some of you are returning listeners from my days hosting the Wharton FinTech podcast.

A little bit about the vision for this show. I'll be sitting down monthly with leaders of some of the world's greatest technology and finance companies, sharing their story with you and unpacking their secrets of their success. Please feel free to hit subscribe or follow us at the links in the show notes.

Now let's get started with our inaugural guest, None other than Zach Perret, founder and CEO of Clad.

Zach, welcome to the inaugural episode of the This Month in FinTech podcast, a new flagship podcast series from the folks at This Week in FinTech. I'm your host, Ryan Zouk, and it is an honor having you as our first guest to kick things off today. How are you doing?

Zach Perret - Plaid Co-Founder & CEO: I'm doing great. Thanks so much for having me.

I'm honored that this is the first episode. I'm the first guest. I feel like I have a big standard to set here.