When we started, only about 30-40% of people who applied to accept credit cards were approved; we increased that to 99% by reframing the problem and building credible models.

We prefer to build products in-house but decided to acquire X1 to quickly enter the credit card space and offer a competitive product.

Our initial idea was to use credit card data to help investors make better investment decisions, and now we also work with companies, not just investors.

I think the credit card project exemplifies our long-term vision, as its success will take time to manifest in the market.

Our credit card aims to simplify rewards, making them clear and accessible, so users don't need to spend hours optimizing their benefits.

Credit card data is excellent for predicting consumer trends, but it has limitations when it comes to companies that don't sell directly to consumers.

We aimed to build an analytics platform that allows investors to answer their own questions using credit card data.

The market for online transactions was tiny when we started, with only about 2% of consumer spending happening through the Internet.

The first use cases of stablecoin payments are happening now, varying by geography and user demographics. In the US, wealthy users prefer credit cards for their rewards, while payment service providers like Stripe are incentivized to switch to crypto rails to offer better products and higher fees.