
Sign up to save your podcasts
Or
In 2009, Shamir Karkal and several colleagues created the first digital-only bank of its kind in the U.S. Struggling to describe the benefits of a bank without branches, getting funding was a difficult process. As it turned out, Simple not only grew, but was one of the first neobanks to be acquired by a legacy financial institution.
When Shamir tried to generate interest for his new financial technology start-up, Sila, he generated $5 million in funding in only a few months … in a marketplace that readily embraces fintech start-ups today.
On the show, Shamir Karkal, Founder & CEO of Sila, discusses how innovation in the banking industry has changed since the early days of Simple, and what the prospects are for innovation and digital banking transformation in the future.
This Episode of Banking Transformed is Sponsored by Microsoft:
See how Microsoft can help to unlock new opportunities at speed through innovative business models, deliver differentiated customer experiences across channels, products and services, and redefine new ways of working.
More at Microsoft.com/financialservices
This Episode of Banking Transformed is Sponsored by FIS Global
If you’re looking to transform, then look no further than FIS’s Modern Banking Platform. Cloud-enabled, containerized, open and secure – it’s built from the ground up to meet the unique challenges and opportunities of the digital age.
More at: fisglobal.com/modernbanking
4.7
8080 ratings
In 2009, Shamir Karkal and several colleagues created the first digital-only bank of its kind in the U.S. Struggling to describe the benefits of a bank without branches, getting funding was a difficult process. As it turned out, Simple not only grew, but was one of the first neobanks to be acquired by a legacy financial institution.
When Shamir tried to generate interest for his new financial technology start-up, Sila, he generated $5 million in funding in only a few months … in a marketplace that readily embraces fintech start-ups today.
On the show, Shamir Karkal, Founder & CEO of Sila, discusses how innovation in the banking industry has changed since the early days of Simple, and what the prospects are for innovation and digital banking transformation in the future.
This Episode of Banking Transformed is Sponsored by Microsoft:
See how Microsoft can help to unlock new opportunities at speed through innovative business models, deliver differentiated customer experiences across channels, products and services, and redefine new ways of working.
More at Microsoft.com/financialservices
This Episode of Banking Transformed is Sponsored by FIS Global
If you’re looking to transform, then look no further than FIS’s Modern Banking Platform. Cloud-enabled, containerized, open and secure – it’s built from the ground up to meet the unique challenges and opportunities of the digital age.
More at: fisglobal.com/modernbanking
199 Listeners
159 Listeners
1,040 Listeners
106 Listeners
184 Listeners
108 Listeners
3,991 Listeners
1,458 Listeners
228 Listeners
14 Listeners
8 Listeners
15 Listeners
163 Listeners
11 Listeners
384 Listeners
13 Listeners
12 Listeners
60 Listeners
1 Listeners
22 Listeners
3 Listeners
7 Listeners
240 Listeners
23 Listeners
5 Listeners
28 Listeners
12 Listeners
23 Listeners
496 Listeners
70 Listeners
156 Listeners
15 Listeners
4 Listeners
0 Listeners
0 Listeners