Modernizing employment data infrastructure to unlock innovation with Jeremy Zhang

On this episode, Jeremy Zhang, Co-Founder and CEO at Finch, discusses the challenges of fragmented employment systems and how Finch is creating solutions through unified APIs. With insights on industry innovation, compliance and new-age benefits, Jeremy highlights how Finch is shaping the future of employment data infrastructure.Key Takeaways:(01:27) Unified APIs connect employment data, process payments and streamline HR functions for employers and applications.(03:12) Simplify retirement benefits by connecting census data, pay statements and payroll deductions.(04:46) Finch connects 50,000 employers and 5 million employees, powering equity management, health insurance and retirement systems.(08:43) Sensitive employee data demands secure handling to prevent breaches like Equifax’s $700M settlement.(11:57) Finch builds a centralized API exchange layer that eliminates inefficiencies in employment data, improving compliance and accuracy.(14:30) Fragmentation from 6,000 US payroll providers complicates standardization and connectivity.(22:38) ICHRA benefits let employees buy health insurance, with unused funds covering other health expenses, powered by Finch.(27:59) A strong founder-market fit enables startup success by leveraging unique expertise to tackle industry-specific challenges effectively.Resources Mentioned:Jeremy Zhang -https://www.linkedin.com/in/jeremyziyuzhang/Finch LinkedIn -https://www.linkedin.com/company/finchapi/Finch website -https://tryfinch.com/Gusto -https://gusto.com/ADP -https://www.adp.com/Paychex -https://www.paychex.com/Any specific guest you’d like to hear on the show? Leave your suggestions at https://www.smbtechinnovators.com/Thanks for listening to “SMB Tech Innovators,” powered by Gusto | Embedded Finance, Vertical SaaS, Payroll API. If you enjoyed this episode, hit the subscribe button and never miss another insightful conversation. And be sure to leave a review to help get the word out about the show.#SMB #Fintech #Innovation #Saas #HR #Payroll #SmallBusiness

Om Podcasten

This podcast features in-depth conversations with top business leaders, including technical leaders and developers, product managers, and C-level executives who are looking for new ways to grow profitability. This podcast is for the fintech community, the vertical SaaS leaders, and anyone trying to build tools that SMBs need. Listeners will gain valuable insights from high-level industry leaders. Tune in for discussions focused on what it means to be a leader, real-world examples of challenges faced, and industry-specific strategies leveraged to create exceptional business outcomes.