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Keep more money on your platform with embedded banking

If you’re a platform or marketplace that is accepting payments without offering your customers embedded bank accounts, you’re missing a big opportunity. In this session, we'll explore how Wethos supercharged their payments acceptance and created new revenue streams while driving value to their customers.

Hosted by
Kieran Pasco
Head of Product, Unit
Rachel Renock
Co-Founder & CEO, Wethos
Duration
25 minutes

If you’re a platform or marketplace that is accepting payments without offering your customers embedded bank accounts, you’re missing a big opportunity. In this session, we explored how Wethos supercharged their payments acceptance and capitalized on a specific customer need through embedded banking.

Listen in to this conversation with Kieran Pasco and Rachel Renock where they discuss how to drive value to your customers while generating revenue to your company through embedded banking.

What you can expect to take away from this webinar:
  • What is the missed opportunity for companies offering only payments acceptance?
  • What is the solution?
  • How does embedded banking generate revenue?
  • Why is embedded banking right for you?
  • How real life startups have achieved this today
  • How to get started

Kieran Pasco leads Unit’s Platform function, which is responsible for “zero to one” initiatives: new partner banks, new partner relationships, and new functionality. Before leading Platform, he built Unit’s Business Operations function, which handles a variety of multidisciplinary responsibilities with a focus on new card products, issuance, and analytics. Prior to joining Unit as one of its first 10 hires, Kieran was a Principal at Promontory Financial Group, a leading strategy, risk management, and regulatory compliance consulting firm focusing on the financial services industry. He attended the University of St. Andrews and lives in New York City.

Rachel Renock is the CEO and Cofounder of Wethos, a platform that helps freelancers team up and form “Virtual Studios” by providing the financial infrastructure that simplifies complexities from pricing projects to paying teammates. A former advertising creative working across big brands like Covergirl and Hershey, Rachel Renock quit her agency job at 25 in pursuit of more meaningful work. She teamed up with her now cofounder Claire to build technology that helped them scale their own freelance studio to $1.4M in revenue in just 18-months. In 2021 they released their platform which now powers over 35,000 freelance businesses. Since founding Wethos, Renock has raised over $12M in VC funding and has been featured in Forbes, TechCrunch, Business Insider and the New York Times. With 95% of freelancers not breaking six figures, she’s excited to share tools and strategies that will help creative independents put more money into their pockets.