Moment reposted this
People ask me all the time who they should know (invest in, work for, pay attention to, etc) in Fintech -- and my answer is always the same: Moment. In ~3 years, they have driven more innovation in the retail bond market than the entire industry did in the prior 20 years. Bonds used to be totally inaccessible (not to mention, inscrutable) to the vast majority of retail investors. Not anymore. What’s the secret to their success? The same as it always is: amazing people combined with a clear & important mission. There’s plenty more to be done in building amazing fixed income products for retail investors, but we all feel lucky to be working on it with Moment.
I first met Stephen Sikes, COO of Public before Dean Hathout, Dylan Parker, and I had officially founded Moment. When we first met, Stephen and I spent hours over coffee debating the barriers retail investors faced in accessing fixed income. Stephen is one of the best problem solvers in fintech today — he isn’t afraid to challenge the status quo and digs for truth in all corners of capital markets so he can find ways to better serve retail. His passion for seeking truth shows in Public’s product and it’s led to a great partnership between our firms. Since we’ve partnered in 2023, I’m proud to share that we’ve launched a series of firsts for retail investors: 💡 The first digital experience that brings transparency to the bond market 💡 The first fractional bond offering for treasury and corporates with minimums as low as $100: 10x lower than historical minimums 💡 The first bond account designed for retail to seamlessly access fixed income and earn attractive yields. I’m thrilled to share the latest installment in our executive video series: a conversation with Stephen on how we’ve helped open the bond market to millions of investors. Watch the full conversation below and read the full Public x Moment case study in the comments!