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Pathward's President Anthony Sharett spoke with Bryan Derman of Glenbrook Partners on the Payments on Fire podcast.
During the interview, Sharett briefly explained how he got involved with payments and the journey that led him to Pathward, or what Derman calls “one of the OGs in partner banking,” nearly five years ago.
Sharett provided a brief history of Pathward’s evolution of working in the prepaid cards space and then becoming a partner bank and Pathward. Together the two discussed nuances of being a partner bank, working with fintechs, Pathward’s diverse portfolio of services and more.
Sharett shared that when he arrived nearly six years ago, Pathward’s operating model was a holding company with separate and distinct business lines including payments, consumer credit solutions, tax and business loans to small and mid-sized businesses.
He went on to say, “We recognized in order for us to really be that one-stop shop for fintech partners and provide what we call today multi-threaded opportunities where we wanted to create stickiness with both consumers and small and mid-sized businesses, we began down our journey of transformation, where we really started to integrate and connect all of these businesses together, and that’s the business model that we have today.”
Sharett also explained Pathward’s Partner Solutions capabilities and services Pathward offers to banks and credit unions through its Financial Institution Solutions.
Listen to the entire podcast or read the transcript at Glenbrook.com.
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