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By MaRS Discovery District

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In this video, Entrepreneur Network partner Mars Discovery District talks with Randy Cass about one of his most challenging moments as a fintech entrepreneur.

The fintech executive has been in financial services for over 20 years. He founded Nest Wealth, a wealth management software that started out as a way for his friends and family to manage their money and eventually evolved into its own business in order to meet an industry need.

Cass explains how, when a competitor undertook a huge step that created a divide between the companies, it helped make Nest Wealth's purpose more distinct. He also breaks down the lessons he's learned from hard times.

Click the video to hear more.

Related: What Are Some of the Ethical Concerns of Artificial Intelligence?

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MaRS Discovery District is the world’s largest urban innovation hub. Located in the heart of Toronto, MaRS supports impact-driven startups tackling key societal challenges in the health, cleantech, fintech and enterprise sectors.

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