It was very timely to have my friend, Carson Lappetito, on the show. He is currently the President of Sunwest Bank, an OC-based business bank started 50 years ago by entrepreneurs for entrepreneurs. Sunwest is active in Orange County and works with businesses from startups to multi-national corporations. Carson is also innovative in how he thinks about technology in the banking industry and even rolled out an online application for the Paycheck Protection Program (PPP) ahead of almost every other bank in the country. We discussed that as well as how the bank is responding to the current COVID19 crisis.
Carson is a banker, and also an entrepreneur, and I laugh since often those 2 things seem to run counter to each other. He’s worked in a variety of roles with numerous financial institutions. He is also an investor in other businesses and was part of a hedge fund focused on investment opportunities in the financial services industry. We’re both transplants to Orange County with our Economics degrees, so we’re kindred spirits there, but he’s way smarter - he also studied Political Science and got a minor in Mandarin.
We covered a lot of ground around fintech innovation, banking, the economy and the current stimulus program. Enjoy!