[The Fintech Files] Unlocking a New Wave of Fintech Innovation with Payroll Connectivity | Lauren Crossett - Pinwheel (the income layer for financial services)

The Skeptic's Guide to Investment Management - by InvestOrama

A conversation between George Aliferis and Lauren Crossett, Head of Commercial at Pinwheel about unlocking the next wave of fintech innovation with income/payroll data connectivity.

Pinwheel is the leading payroll connectivity API company used to securely access income and employment data. The "income data layer" has the potential to ignite a "Fintech 2.0" in the same way that Open Banking / Plaid ushered in Fintech 1.0 with connectivity to financial institutions.

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USEFUL LINKS

Company website https://www.pinwheelapi.com/

API docs https://docs.pinwheelapi.com/reference/api-overview?&

Lauren Crossett

https://www.linkedin.com/in/lauren-crossett-b3752126/

https://twitter.com/laurencrossett

TIMESTAMPS

00:00 Introduction to Pinwheel - the income layer for financial services

02:40 The Direct Deposit opportunity

04:10 How payroll connectivity works for employees

05:57 A new layer of financial data - similarities with Open Banking

07:41 The employer perspective: how to offer better benefits to employees

08:32 How financial institutions harness payroll connectivity via Pinwheel's API

11:30 Behind the scenes: establishing the connectivity and removing the complexity

13:43 A look at Pinwheel's commercial activities

15:14 Pinwheel's exponential growth

18:34 The impact of the latest $50m funding round on Pinwheel

19:53 Lauren Cossett's outlook on payroll connectivity

22:06 Alternative career path

22:40 How I invest personally

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CONNECT

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#payrollapi #fintech