In this episode of the Risk Appetite podcast, Richard Anderson speaks with Colm Lyon, a seasoned entrepreneur and payments expert. Colm shares his journey from a childhood filled with entrepreneurial spirit to his extensive career in banking. He discusses the challenges faced during the dot-com bust and the global financial crisis, as well as the evolution of payment solutions through his current venture, FIRE. The conversation delves into the future of payments, the impact of technology, and the importance of resilience in financial systems. Colm also shares insights on investing in early-stage companies and the trends shaping the fintech landscape.
Starting out from University Colm learned his craft in the world of IT in a big bank. Before long he created Ireland’s preeminent payments gateway, founding it merely months before the dotcom crash. He went on to build further payments infrastructure which operates across Ireland, Europe and the UK, and now finds time to actively invest and mentor startups.
Key moments
00:00 Introduction, and The Entrepreneurial Journey Begins
06:16 From Banking to E-Commerce Innovation
12:14 Navigating Challenges: The Dot-Com Bust
13:18 Weathering the Global Financial Crisis
15:29 The Acquisition of Relex: A Strategic Move
17:34 The Evolution of Payment Systems
23:16 Introducing FIRE: A New Payment Solution
29:53 Investing in the Future: Insights and Strategies
40:11 The Future of Payments: Trends and Innovations
While you’re here …
We’re not planning to hound you, but you’ll probably agree that it would be easier if you got a brief email alert with each episode that comes out? So, voila - see below.
Why not connect with Richard?
While you’re at it, make sure you’re connected with Richard on LinkedIn.
Produced by yBC.tv
The Risk Appetite Podcast is one of many produced by the team at yBC.tv, who help their clients to “steal the show” by publishing the best content in their field. Find out more about them here.
Share this post