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

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