FinTech Magazine - January 2022 | Page 30

MISSION LANE
Q : I know you ' ve been a high-level executive in the banking industry , from companies like Barclays to Capital One . I really want to know , what made you want to get involved in fintech ? Before I joined Mission Lane as CEO , I was serving as CEO of the US consumer business at a major international bank when Nigel Morris , managing partner of venture capital firm QED Investors , whom I had worked with while I was at Capital One , called me out of the blue . Nigel was spinning off a new company called Mission Lane from another company in which he had invested and asked if I would be interested in being the founding CEO .
At first , it seemed an unlikely prospect - Mission Lane was a fraction of the size of what I was running at the time and carried a lot more uncertainty as a brand-new company . But on the flip side , I saw an opportunity to fundamentally change the game for

“ I was giving up the stability and brand recognition of a large bank in exchange for the chance to build a new , mission-led company ”

SHANE HOLDAWAY CEO , MISSION LANE
Credit Building Unveiled underserved consumers . I was giving up the stability and brand recognition of a large bank in exchange for the chance to build a new , mission-led company on the foundation of modern technology and data science and to be able to move at a much faster pace .
30 January 2022