Aaron Carpenter is the CEO of Transact Payments Limited. He has a background in law and has worked in various roles within the financial services industry. Aaron has experience in advising fintech companies and has a deep understanding of the regulatory landscape.

Aaron Carpenter, CEO of Transact Payments Limited, discusses the challenges and opportunities in the Fintech industry. He emphasises the importance of letting go as a founder and the dangers of not doing so. Aaron also talks about the evolution of Transact Payments and its role in supporting fintechs and companies looking to embed financial products into their offerings. He highlights the need for continuous improvement and the value of a good sponsor in launching a successful card program. Aaron also touches on the complexities of compliance and the impact of Brexit on the industry.

Key Takeaways:

• Letting go as a founder is essential for the growth and success of a business.
• Continuous improvement is key to evolving and staying competitive in the fintech industry.
• Choosing the right sponsor is crucial for launching a successful card program.
• Monetising a card program goes beyond relying on interchange fees and requires offering value-added services.
• Compliance and regulatory challenges are significant for fintechs and require thorough due diligence and a consultative approach.