The Canny Co ecosystem makes it easy for businesses and customers to save time and money. Their modular platform enables Fintechs to easily embed one or more of Canny’s products.
Embedded finance has quickly become one of the hottest areas in fintech, helping to provide seamless and simple products connecting banks, fintechs, and non-financial brands.
Aditya and I talked about how Canny works with their different clients and partners, where they fit within the technology stack, some of the biggest pain points in cross-border payments, and whether or not payments are becoming cheaper and fairer, the potential impact of web3 and much, much, more.
So without further ado, I present Aditya Rathod of The Canny Co. I hope you all enjoy the show and be prepared to learn:
Aditya’s Founder Journey
What he learned from his long tenure in banking
The payments gap they are trying to address
Why flexibility, usability, and security are so important
What they mean by having Canny Choices
4 pain points in cross-border payments: price, transparency, speed, and access
The average cost to send $200 is 6.4 percent
Blockchain adoption will continue to bring down costs and increase transparency
“When you are in a startup, it’s not a job, it’s a mission”
Biggest lesson – be cautious in defining priorities
Advice for fellow founders – don’t try to ride on two boats, go all in
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.