Among many subjects on this week’s FinTech Insider podcast is Revolut founder Nikolay Storonsky and his approach to the work-life balance.

In this episode of FinTech Insider News, the guys start the show by tackling Revolut founder and CEO Nikolay Storonsky’s divisive view on work culture. Should employees be comfortable working 12-13 hours a day, and does it make for a sustainable business? More broadly, does this story hint at a wider issue in the fintech sector?

We also discuss the Lessons Learned report from the FCA Regulatory Sandbox, which allows innovative firms to carry out live testing. We talk about what proportion of firms received investment, whether applicants, like many things, are London-centric, and why distributed ledger technology (DLT) was so popular. Plus, why are startups that use DLT being denied banking services?

Monzo and Starling have both moved closer to payments integration, but are services such as Android Pay and Apple Pay building a significant following, or are they just a good news story for the mobile banks?

Facebook Messenger has added P2P payments capability, but is PayPal still useful? And why doesn’t David Brear make for a good sample population?

The guys discuss the partnerships that Alipay has secured to continue expanding its reach in the US. And do members of boards at big firms really have the right digital experience to lead through technological change?

N26 has decided to make the brave move of entering the US market by mid-2018. When will others follow them? The team also talks about how N26 has marketed the benefits of network effects; and the source of regulators’ fear at losing control of monetary policy.

Plus, the Poppy Appeal has gone contactless, UAE appoints the first ‘Minister for Artificial Intelligence’ (and why AI is red, red, red hot), children’s financial education via Digipigi, and why the Bank of England has spent £3,000 on Snapchat to promote the new £10 note.

Special guests include Kadhim Shubber and Sharon O’Dea.

– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. See more FinTech Insider content here. Image by Orn Rin,

About the author


11:FS is a "digital transformation agency" that believes banking should be about more than selling financial products. It is co-founded by David Brear, Jason Bates, Ross Methven, Meaghan Johnson and Simon Taylor. 11:FS produces FinTech Insider, and provides services such as 11:FS Pulse, 11:FS Ventures and 11:FS Talks.

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