MAVAN’s Post

Transcript

Well, and let's unpack the kind of regulatory challenges in fintech because I'm sure there are many and there are many well funded, you know, people in in DC fighting for different things. How do you guys kind of approach navigating that And, you know, are there things that newer startups can do to kind of get ahead of those those challenges where they don't maybe have the same people, you know, in in DC fighting for their specific desires? Yeah, it's a good question. And it's hard. I mean, honestly, it is a hard problem statement. That is a major investment that you just have to make, whether it's licensing, regulatory compliance, credit modeling, lobbying. It's a real function inside of our GCS office that we were late to develop. You want to be in the room writing and defining the rules of the game that you're going to play by. And the big banks always have been, you know, smaller startups, they're frequently kept out of those rooms. So that is a problem.