Fintech Takes

S8 E4: Fintech F*cks Around and Finds Out


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Can you tell me how to get to FAFO Street?

Jason Henrichs (CEO of Alloy Labs and host of the Breaking Banks podcast) certainly can, and he’s pointing the finger at, well, everyone. He and Alex have a laundry list of juicy questions for bankers, regulators, entrepreneurs, and investors. And even if they are unanswerable, the guys are doing their best to answer them. 

Is there a right way to regulate fintech? And are banks looking at things from the wrong perspective? Instead of cutting corners to scale, what would happen if banks started viewing consent orders as productive stepping stones rather than stumbling blocks?

Jason and Alex also debate whether entrepreneurs and investors should be held personally accountable when things go awry. With so many board members acting as if compliance is a mere matter of semantics, shouldn’t they also bear some culpability when things fall apart? It’s clear that the move-fast-and-break-things approach doesn’t work when people’s livelihoods are at stake— so why aren’t the people pulling the strings being held accountable when consumer protections fall by the wayside?

Plus, the guys discuss whether failed or less successful entrepreneurs might be the ultimate solution against high-risk, high-momentum venture capitalists and ponder if regulators can ever get out of the corner they’ve been backed into.


Sign up for Alex’s Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/

And for more exclusive insider content, don’t forget to check out my YouTube page.


Follow Jason:

Listen to the Breaking Banks Podcast HERE

LinkedIn: https://www.linkedin.com/in/jasonhenrichs/


Follow Alex: 

YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos

LinkedIn: https://www.linkedin.com/in/alexhjohnson

Twitter: https://www.twitter.com/AlexH_Johnson

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Fintech TakesBy Alex Johnson

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