In this episode of The Generalist, Mario interviews Parth Garg, the founder of Aspora, a fast-growing fintech startup focused on making it easier and cheaper for the Indian diaspora to send money home and access banking services. Parth recounts the challenging early days of the company, including his co-founder's sudden departure and the pivot to focus on the unique financial needs of NRIs (Non-Resident Indians). The conversation explores Parth's background, his early interest in physics, and the journey from Stanford to becoming an entrepreneur. They discuss the problem of cross-border financial management for immigrants, the role of stablecoins in revolutionizing the financial system, and Aspora's vision to become a global bank catering to the needs of diasporas worldwide. The episode also touches on regulatory challenges and the importance of building a strong team and a culture of open feedback.
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