A Rapyd Pivot: From E-wallet to Fintech Pioneer – Arik Shtilman (Rapyd) & Mike Lobanov
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A Rapyd Pivot: From E-wallet to Fintech Pioneer - Arik Shtilman (Rapyd) & Mike Lobanov (Target Global) | Slush 2022 In 2016, serial entrepreneur Arik Shtilman set off to create a multi-currency wallet app without prior experience in payments. In the process, Arik quickly realized how difficult it was to build scalable solutions due to the numerous regulations, gateways, and payment systems in place. These barriers inspired Arik to boldly pivot away from B2C to a B2B network – and Rapyd was soon reborn as the industry’s first fintech-as-a-service provider. Arik will be on stage with Rapyd’s investor, Mike Lobanov, Founder and Partner at Target Global, to tell Rapyd’s unconventional founding story and give his advice on how to make bold and intelligent business decisions – even when this means pivoting away from your original founding idea.
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