Traditional banking has 100% failed small businesses.

At least, that’s what our guest for this episode of Business Casual thinks. 

That guest, Fintech Today founder Ian Kar, names names and doles out hot takes re: the fintech space in our interview—which is itself an in-depth look at how fintech startups are stepping in where big banks have missed the mark in distributing Paycheck Protection Program funding.

If you listened to our last episode with the Aspen Institute’s Joyce Klein, you know that “missed the mark” is a generous way of putting what happened. 

This time around, we’re exploring the disruptors that took the reins for traditional banking, especially in the small business economy.

Kar explains that big banks have systematically failed to market to or serve small businesses and their owners. So what makes fintech different...and more capable?

A focus on relationships and a willingness to lend small

Deeply rooted and mutually beneficial partnerships with community banks

An appreciation for the “tech” half of fintech

But it’s not all roses and loan forgiveness in the fintech space. There are plenty of risks, both regulatory and otherwise. You bet we’ll cover them all.

Listen now.