Helping Small Businesses with Christina Riechers, General Manager of Square Banking

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I don’t think any fintech company has done more for small business than Square. They started with payment acceptance and have since expanded into many different areas of fintech. In fact, their lending business is now the largest in all of fintech. But it was the addition of Square Banking that has allowed this fintech pioneer to bring it all together.
My next guest on the Fintech One-on-One podcast is Christina Riechers, the General Manager of Square Banking. She has been at Square nine years and was one of the architects of Square’s push into banking. This is the second podcast in the series that I recorded live at Fintech Meetup in early March.
In this podcast you will learn:
- What first attracted Christina to Square.
- Block’s mission and how that resonated with her.
- The origins of Square Banking and Christina’s role in it.
- How they built out their banking capabilities.
- The different starting points for small businesses in joining their ecosystem.
- Why established small business switch to Square Banking.
- The scale they are at today for Square Lending.
- How they are underwriting these loans.
- How they are able to see a holistic view of the small business’s finances.
- How their customers are using the proceeds from their Square loans.
- The astounding percentage of women-owned business they are serving.
- What is top of mind for Square sellers today.
- How their payroll service works.
- What integration opportunities there are between Cash App, Afterpay and Square Banking.
- What they doing around Generative AI.
- The fintech trends that Christina is paying closest attention to right now.
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LendIt Fintech is now Fintech Nexus.