How to build a $60B volume global payments platform, with Rapyd CEO Arik Shtilman

<p>Lex chats with Arik Shtilman, CEO of Rapyd - a leading fintech-as-a-service platform. In this episode, Shtilman discusses his background in technology and financial services, as well as the journey of building Rapyd into a leading payment company. He talks about the challenges of starting a consumer payment company and the pivot to becoming a fintech-as-a-service platform. Shtilman explains the importance of building a global business and the need for a platform that enables companies to build financial services at scale. He also discusses the growth of different products within Rapyd, such as the wallet and payment collection capabilities, and the importance of serving marketplace structures. Shtilman shares insights on failure modes in fintech, including the challenges of onboarding SMB clients and the complexities of high-velocity payment processing in the cloud. He also discusses the impact of COVID-19 on the fintech sector and the outlook for financial recovery. Finally, Shtilman highlights the increasing role of developers in the buying process and the importance of building relationships with developers through developer communities and tailored documentation.</p><p> </p><p>MENTIONED IN THE CONVERSATION</p><p> </p><p>Rapyd's Website: https://bit.ly/3EVv0ei</p><p>Arik's LinkedIn profile: https://bit.ly/45efpBg</p><p> </p><p>Topics: fintech, fintech-as-a-service, payments, VOIP, Cloud, API, embedded banking</p><p> </p><p>Companies: Rapyd, PayPal, Brex, RobinHood, Stripe</p><p> </p><p>ABOUT THE FINTECH BLUEPRINT</p><p> </p><p>🔥Subscribe to the Fintech Blueprint newsletter to stay at the forefront of Fintech and DeFi: https://bit.ly/3hyhlC2</p><p> </p><p>🤝 Partner with Fintech Blueprint through sponsorships: https://bit.ly/3UZllsV</p><p> </p><p>👉 Twitter: https://twitter.com/LexSokolin</p><p> </p><p>TIMESTAMPS</p><p> </p><p>1’22”: Navigating the early career: Entering technology and financial services</p><p> </p><p>5’03”: Global business expansion: Strategies and expanding geographical reach, touching on Ra