Bank-Fintech Fusion

Bank-Fintech Fusion


Mimi Salcedo of Instnt on Products for the People

February 12, 2020

Mimi Salcedo is cofounder and Chief Product Officer of Instnt, a tool for onboarding customers, including nontraditional customers. "I believe that technology mirrors the people that build it," says Salcedo. This means you can see her all over the fintech landscape, particularly at Simple, where she built several pieces of the legendary challenger bank that launched a thousand imitators.
"Technology doesn't solve problems, people solve problems," Salcedo says.  She is a firm believer in working with a diverse team, and this was one of the core tenets of Simple as well as Instnt. A diversity of viewpoints helps build products for all kinds of customers, and broadens access to financial products. She also sheds light on how banks and fintechs build products together. Listen to Salcedo's conversation with Bank-Fintech Fusion to hear exactly how fintech products are built, and how the product is influenced by the builders.