BANK ON IT

Every week the show host John Siracusa talks with amazing fintech leaders and entrepreneurs through conversation uncovers the amazing stories behind them, their creations and the most important topics in fintech. You can Subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher and iHeartRadio In this episode John talks with Mike Massaro, CEO of Flywire.  This is one of a few interviews that we recorded on site during Boston fintech week.  In this episode Mike shared a story that is basically every business leader’s worst nightmare.  After burning through $6,000,000 and having the company close to bottoming out, Mike was extremely close to relaying that information to one of his most important stakeholders; his wife. Luckily (luck being defined as dedication and focus) and against all odds he was able to raise an A round that kept the company afloat and on track to the giant it is today.  Mike admitted that it was mis-allocation of funds that was the result of cha