As a former professional poker player, Nima Ghamsari learned that poker is a game of psychology and understanding how people make decisions. That you have to focus on outputs and make the right small bets over time. That there are times when you go all in, even if you’re unsure of the outcome. Today, as the Co-Founder and Head of Blend, Nima is applying the lessons he learned at the poker table (and studying computer science at Stanford) to transform the financial services industry and fundamentally change the way people interact with their money. Used by more than 350 big banks like Wells Fargo and US Bank, credit unions, fintechs, and community banks, Blend’s cloud banking infrastructure software powers billions of dollars in financial transactions every day, including mortgages, vehicle loans, credit cards, deposit accounts, and home equity. The software aims to simplify, streamline, and take the friction (and mountains of paperwork) out of the consumer banking journey, from application to close. Nima joins the podcast to share his vision of “proactive finance” — a future where banks can proactively offer personalized financial products the moment consumers need them — and Blend’s goal to increase financial freedom, broaden financial equity, and create more value in the world.
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