38 min listen
Shamir Karkal, Co-Founder of Sila – Selling Your Company to a Large Bank, A Bullish Case for Consumer Fintech, The Hard Parts of Entrepreneurship
FromFintech Leaders
Shamir Karkal, Co-Founder of Sila – Selling Your Company to a Large Bank, A Bullish Case for Consumer Fintech, The Hard Parts of Entrepreneurship
FromFintech Leaders
ratings:
Length:
43 minutes
Released:
Jan 30, 2024
Format:
Podcast episode
Description
Miguel Armaza sits down with Shamir Karkal, Co-Founder of Sila, a fintech company that’s raised over $20m to modernize payments. Shamir is also a true OG in fintech. He previously co-founded Simple, the first US neobank built for the smartphone era, and sold it to BBVA in 2014 for $117 million.We discuss:Selling Simple to BBVA and the post-acquisition challenges of integrating to a big bankCompany building lessons and the importance of good timingThe real reason why banks do not buy fintech companies too oftenWhy Shamir is bullish on consumer fintech making a comeback… and a lot more!! Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary? Check out the Fintech Leaders newsletter and join 60,000+ readers and listeners worldwide!Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIp
Released:
Jan 30, 2024
Format:
Podcast episode
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