Day in the Life, Member Exclusive

‘It all goes back to creating access’: A day in the life of Roy Ng, co-founder and CEO of Bond

  • As the head of a rapidly growing startup, Roy Ng faces new and exciting challenges every day.
  • His days are spent connecting with customers, teaching young students the basics of finance, and taking long walks with his wife and two sons.
close

Email a Friend

‘It all goes back to creating access’: A day in the life of Roy Ng, co-founder and CEO of Bond

Roy Ng is the co-founder and CEO of Bond, an embedded finance platform that enables non-financial companies to offer personalized banking services to areas of the economy that have historically been underbanked and underserved by traditional financial institutions.

Bond was launched in 2019 in a small San Francisco office with around 10 employees. Since then, the firm has expanded rapidly and now has close to 70 employees, with lots of new roles opening up. Over the last couple of years, Bond has collaborated with various technology companies to offer banking services to a variety of industries, including freelancers, financial advisors, trucking businesses, and even barbershops.

Founding Bond and working in fintech feels like a natural evolution for Roy. Bond’s overarching goal of banking the underbanked ties to lessons he learned as a child about the importance of having a financial foundation for building a life, especially in the U.S. In 1988, at the age of 10, Roy emigrated with his mother to the suburbs of Los Angeles from Hong Kong, where his father stayed behind for a year to wrap up their old life.

“One of the first commandments of American living, according to relatives, new friends and neighbors, was to establish good credit,” said Roy. “There were lots of ways to begin a banking relationship, but the barriers to entry were numerous, and much of it was bewildering to a 10-year-old child and his immigrant mother.”


This content is available exclusively to Tearsheet Outlier members.

Tearsheet Outlier information and signup Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — only $49/mo. Already an Outlier member? Sign in to your account

0 comments on “‘It all goes back to creating access’: A day in the life of Roy Ng, co-founder and CEO of Bond”

Member Exclusive, Payments

What Marqeta’s entry into the credit card industry means for Marqeta the brand

  • Marqeta announced a new partnership with the First National Bank of Omaha to expand its partner ecosystem as it prepares for a credit launch.
  • Marqeta wants to become a one-stop shop for brands looking to launch card services.
Subboh Jaffery | December 07, 2021
Member Exclusive, Podcasts

Inside Cross River’s ecosystem of some of the best fintech brands

  • Cross River combines tech and banking to power brands like Affirm, Coinbase, Upstart, Upgrade, and Stripe.
  • Chief strategy officer Karan Mehta joined us at The Big Bank Theory Conference to discuss how Cross River’s technology enables the delivery of innovative financial solutions to millions of consumers and businesses.
Zachary Miller | December 03, 2021
Member Exclusive, The Customer Effect

‘New, different, and easy to say’: How fintechs go about choosing their names

  • Standing out as a company in an industry as fast-growing as fintech is no easy task.
  • Finding the right brand name can be a make-or-break for a lot of aspiring startups.
Rivka Abramson | December 02, 2021
Member Exclusive, Podcasts

‘Don’t let any legacy tie you down’: How Piermont Bank blends humans and technology to service midmarket SMBs

  • Piermont Bank serves mid market SMBs with a hybrid blend of digital and human bankers.
  • CEO Wendy Cai-Lee joins us on the podcast to talk about building a bank that addresses SMB pain points.
Zachary Miller | December 01, 2021
Data Snacks, Member Exclusive

Consumers may not get crypto, but they are buying it

  • With almost 2 in 10 people in the US owning crypto, crypto popularity continues to climb.
  • But crypto knowledge seems to fall quite a bit behind crypto optimism. Only 4% of people in the US can pass a crypto literacy quiz.
Rivka Abramson | November 29, 2021
More Articles