PitchIt

PitchIt Podcast 14: Oona Rokyta, Lance


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In episode fourteen of PitchIt: the fintech startups podcast we talk with Lance CEO & Co-Founder Oona Rokyta.

Lance is an intuitive business bank account designed for freelancers. Freelance and gig work has really take off in the last few years, and the pandemic only accelerated this shift. People are now choosing a the life they want to lead and fitting a career or work around that life.

Lance helps freelancers decide how much they make, budget their savings and helps them to manage their taxes. Oona and I talk about where freelancer work is going, the technology behind Lance, how it is to be a fintech outsider, raising capital and a whole lot more. We had a lot of fun and I hope you enjoy the show.

In this podcast you will learn:

  • Oona's freelancer story
  • We all could use a pocket CFO
  • Lance provides a self driving business bank account with sub accounts
  • The importance of cash flow
  • Freelancers will account for 50 percent of workforce in 10 years
  • 9 to 5ers are also getting into freelance work
  • Freelancer education is still very piecemeal
  • Being a fintech outsider allowed the team to be more thoughtful in developing Lance
  • Lance views the banking approach as a mechanism
  • They solve arguments through testing
  • Investors appreciate how the nature of work is changing
  • Female founders are more practical and conservative on numbers and growth trajectories
  • Oona recommends reading Atomic Habits, Behold the Dreamers and Untamed
  • And more...
...more
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PitchItBy Todd Anderson