Banking as a service, Member Exclusive

‘Challenger banks aren’t challenging anything’: Agora’s Arcady Lapiro on launching a new banking as a service platform

  • There are more digital options for teen banking and SMB banking.
  • Agora's banking as a service platform wants to power those offerings for community banks and credit unions.
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‘Challenger banks aren’t challenging anything’: Agora’s Arcady Lapiro on launching a new banking as a service platform

With all the talk about challenger banks and mega banks, tier 2 financial institutions like community banks and credit unions frequently get lost in the conversation. My guest today on the show is Arcadi Lapiro. His experience building first generation challenger banks has molded his worldview on the banking industry. Now, he’s back with Agora, a new banking as a service platform targeting tier 2 banks and credit unions. 

Lapiro joins me on the podcast to discuss the opportunities and challenges for smaller banking institutions facing competition from mega banks and new upstarts. We talk about Agora and why he built a platform starting with 2 embedded services: SMB banking and teen banking. 

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The following excerpts were edited for clarity.


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