Are you a Hispanic living in the U.S. and feeling underserved by traditional banks? Join us on this episode of The Lobster Talks podcast as we go behind the scenes with Piero Nunez del Risco, founder of Pana – the YC-backed fintech revolutionizing banking for underserved immigrants and those with cross-border financial needs. Discover how Pana is building trust within the Hispanic community by understanding their unique cultural nuances. Piero reveals the challenges they've tackled to achieve impressive growth, from enabling banking access for the unbanked to facilitating seamless cross-border transactions. He also shares his entrepreneurial journey through Y Combinator, detailing how the program propelled Pana's fundraising and ambitious expansion plans to transform banking across the Americas. EPISODE IN A GLANCE -What is Pana? Introducing Pana, a digital bank on a mission to revolutionize US Hispanic banking and provide accessible financial services for the underbanked community. -Piero's Journey as a Founder: From media to FinTech startup founder, Piero shares his background and the pivotal moment that led him to launch Pana, a solution addressing the challenges of cross-border banking. -Taking the Leap: Piero delves into the courage and mindset required to transition from a stable career to the world of entrepreneurship. -Pana's Mission: Discover how Pana is tackling financial inclusion for immigrants and providing essential tools like remittances and accessible bank accounts. -Expanding Horizons: Explore Pana's vision for a seamless banking experience across borders, connecting Latin America and the US. -Customer Primacy: Learn how Pana achieved customer primacy by focusing on user needs and building trust within the US Hispanic community. -Pana & Y Combinator: Piero shares his experience with Y Combinator, navigating fundraising challenges and the importance of building a resilient startup. -The Value of the YC Community -Pana's Growth & Future: Get insights into Pana's current growth trajectory, its product roadmap, and the vision for the future of cross-border financial solutions. -Book Recommendation: Piero recommends "The War of Art" by Steven Pressfield ABOUT PIERO NUNEZ DEL RISCO Piero is the Co-Founder and CEO of Pana, a Y Combinator-backed challenger bank for the cross-border economy, Piero leads Pana’s team on a mission to provide accessible, affordable, and convenient financial services to millions of people who move money across borders. With expertise in new business development, process improvement, and analytical skills, he leads a talented and diverse team of product, design, engineering, and analytics professionals to deliver innovative and user-centric digital solutions that meet the needs and expectations of their customers. CONNECT WITH PIERO Website → https://www.joinpana.com/ LinkedIn → https://www.linkedin.com/in/yanpieronunez/ LinkedIn → https://www.linkedin.com/company/panaapp/ GRAB THE BOOK PIERO RECOMMENDS → The War of Art: Break Through the Blocks and Win Your Inner Creative Battles by Steven Pressfield - https://a.co/d/dCAWDDx ABOUT GABRIEL JARROSSON Gabriel Jarrosson is a seasoned investor and entrepreneur with over a decade of experience in the startup space and the General Partner of Lobster Capital. He has invested over $25M in Y Combinator startups. Having sold three of his own startups, he shares his expertise in his books "My Investor Secrets" and "Investing in Startups: x100 or Nothing." CONNECT WITH GABRIEL JARROSSON YouTube → https://www.youtube.com/@lobstercapital Website → https://www.lobstercap.com/ LinkedIn → https://www.linkedin.com/in/gabrieljarrosson/ Instagram → https://www.instagram.com/lobstercapital/ Stay ahead of the game with the latest startup insights. Subscribe to our newsletter for startup updates and actionable insights → https://lobstercap.ck.page/c34c61a155
