From near failure to $10B+ IPO

👋 Hi all! Welcome to another week of Fintech Stuff.

The headline could also be about Chime's IPO last week, but we're taking a step back and talking to Jason Gardner from Marqeta.

IPOs are big moments that can seem inevitable in retrospect. But these stories are anything but linear.

We discuss:

- the big pivot that almost broke the company

- taking the company public in 2021

- the big customer that defined the company for years

- the one mistake he's made twice and always warns founders about

- why he thinks a lot of the future of fintech lies in the Middle East

You can watch the full interview here:

Next up is René Lacerte from BILL :)

3 links

1️⃣ The 1st ever AI generated fintech commercial.

2️⃣~7 million employees work at banks globally. ~97.5% can't use AI.

3️⃣A bear case on stablecoins