Leaders in Lending | Ep. 133: From Europe to the US—Cultural and market nuances in fintech

Joining our host Ed Walters this week is Simon Darchis, Head of Partnerships at Finwise Bank, to discuss his trajectory in the financial services sector from Europe to the US. With this multi-cultural background in finance, Simon explains the intricacies of fintech, unraveling the cultural and regulatory intricacies that shape these distinct markets.

Financial services

It’s not a secret that the American economy is driven by debt, whether that’s commercial or consumer. “In Europe, we have the stereotype that for every dollar an American earns, he’s going to spend three, so the difference has to be made up somewhere,” Darchis said.

Lending in Europe is not as widely available, and credit cards are virtually unknown — they exist, but they’re not common.


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