Lead Bank CoFounder/CEO. Building the bank we wanted while on path to change financial system. Self Made Boss CoAuthor, a book to help SMBs start/run/grow.
Really enjoyed sitting down with @emilychangtv at the @BloombergLive Tech Summit last week. We talked about how we’re putting our new $1 billion fund to work, what the convergence of AI and digital assets actually looks like in practice, and early cases I prosecuted. Thanks for having me.
What's will be obvious in 10 years that most people don’t understand: Agentic commerce. We will have programmed our agents to move money programmatically based on our financial goals.
Honor to share the stage at @Forbes Iconoclast with @IdaLiu and Matt Brown. Thanks for the thought-provoking conversation Alice Jackson-Jolley and for including me @WallStManeet.
24/7 money movement is the future. Thrilled to partner with @Mastercard.
@jackiereses adds: “Partnering with Mastercard to help bring this network to life reflects Lead’s commitment to building the rails that make regulated digital assets practical for institutions and their customers at scale. At Lead, we believe the future of financial infrastructure is 24/7, and on-chain settlement is where that future becomes real. We’re proud to be among the first platforms to deliver this capability in the United States and see this as a foundational step toward a more efficient, always-on financial system.”
When @Lead_Bank acquired @loopcrypto_xyz, people asked - why would a bank buy a stablecoin company?
It's a fair question. Banks and blockchains have historically wanted nothing to do with each other.
When you stop thinking of blockchains as crypto and start thinking of them as payment rails, and when you stop thinking of Lead as a bank and start thinking of it as payment infrastructure, the acquisition makes complete sense
I'm writing a series on how money actually moves, where the gaps are, and what stablecoins are doing to fill them. Starting with the basics.
👉 https://t.co/QQyRZOg9Bj
More to come. Glad to finally be writing this down.
"I don't believe there was debanking. I think it's a crock of shit. An absolute crock of shit."
— @Lead_Bank CEO @jackiereses
"There's 5,000 banks in the United States. We have a lot of red states. Are you telling me that in lots of red states, including where my company is headquartered, Kansas City, Missouri—those banks were not willing to bank, for example, conservative companies?"
"What debanking actually means is that banks transitioned out of offering crypto products or risky products like adult entertainment or something like that."
"That's legit. That happened to lots of companies. But that is not systematically debanking. That's choosing not to invest in the industry."
"There might be cases where a bank decides to not include executives in a particular industry, or they choose they don't want the risk associated with something. That is their prerogative, and banks can make decisions based on their own reputational risk."
"Thankfully, you have 50 states and 5,000 banks, and there are plenty of people who would take a pro and con of each side of those judgments, and be able to offer services to many of those people who say they were excluded from the banking system."
@defyneric As much as I appreciate the shout out for @Lead_Bank there is a lot more complexity to the orchestration layer from client touch points through deeper layers of infra.
BREAKING: Inside Lead Bank - $56M Investment Now Worth $1.5 BILLION
Jackie Reses is on an iconic run.
@Lead_Bank is the $1.5B tech-first bank powering Stripe, Walmart, Ramp, Affirm & Revolut
Backed by Andreessen Horowitz, Coatue, Greycroft, ICONIQ, Khosla Ventures, Ribbit Capital, Zeev Partners, plus Larry Fink, Rob Goldstein & Larry Summers personally.
CEO & Co-Founder Jackie Reses (@jackiereses)
We cover:
- Sitting on Alibaba's board with Jack Ma, Joe Tsai + Masayoshi Son
"Masa would come in & be like, 'Yes, it shall be blessed.'"
- Taking an HR role at Yahoo, then turning it into Chief Development Officer
- Jack Dorsey: "He'll sit in meetings & not say a word. There's real wisdom in his ability to 'just zip it.' "
- Why she's skeptical of the de-banking narrative
- Building Lead to $280M in revenue with no sales team
𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒
(00:00) Jackie Reses, CEO of Lead Bank
(01:06) The swiss army knife of Silicon Valley
(02:46) Inside the Alibaba boardroom with Jack Ma and Masa
(05:23) Being one of the only Americans on Alibaba’s board
(10:29) What Jack Ma and Masayoshi Son are really like
(12:32) The biggest lessons Jackie learned from Alibaba
(15:12) From Goldman Sachs to Silicon Valley
(17:44) Why Yahoo hired a PE investor to run HR
(22:53) Yahoo was a hot mess
(25:33) The deal that recovered billions for Yahoo
(26:31) How Jack Dorsey recruited Jackie to Square
(29:53) Three engineers, three days, one crypto platform
(33:51) What Jack Dorsey is really like
(36:13) Being Jack Dorsey’s HR lead during Twitter chaos
(40:03) How to spot real innovation vs hype
(42:21) Why debanking is a myth
(48:10) Why buy a 100 year old bank
(51:23) Growing a bank with no sales team
(54:11) The APIs powering the future of finance
(56:03) How AI is transforming banking
(57:07) The JD Vance connection
(58:39) What it feels like inside the White House
(01:02:53) The biggest misconception about government
(01:04:21) Why Lead Bank’s culture feels different
(01:05:35) The next chapter for Lead Bank
So fun sitting down with @MollySOShea@sourceryy. We covered evrtng from @Alibabagroup board meetings … to building Square Capital with @Jack… to why I bought a 100-year-old bank @Lead_bank to build fintech infrastructure for the crypto and AI era.A conversation I won’t forget - and Molly asks the kind of questions that make you think differently. https://t.co/KsSm4G2zSR
@MBGilroy@NYSE@CNBCDisruptors@Lead_Bank You know the NYSE will never let me have those tickers, although I think their CEO, Lynn, would enjoy the rationale.
We're proud to sponsor the 2026 @CNBC#Disruptor50 - the boldest venture-backed innovators turning ambitious ideas into companies that matter.
As the world's largest exchange, NYSE knows what it takes to scale. So do they. #D50
https://t.co/vvGcKh6obZ