024 Raj Date| rewiring finance purposely

RAJ’S BIO

Raj Date is one of the most prolific and multi-lensed people in finance. He also happens to be an incredible human being, a dear friend and business partner. He is Managing Partner of Fenway Summer, an advisory and investment firm focused on financial services and financial technology. He chairs the investment committee of Fenway Summer Ventures and is a general partner of Crossbeam Venture Partners, both venture capital funds. He also serves on the boards of Circle, a digital asset firm; Green Dot, a technology-driven mass market bank; Linden Lab, an internet company best known as the creator of Second Life, and the metaverse payments pioneer Tilia. He is founding director of the Payments Leadership Council, a CEO-led trade association.

For Raj, Fenway is the latest chapter in a long and varied career in and around U.S. financial institutions — as a senior policymaker, as a bank executive, and a deal maker on Wall Street. He was the first-ever Deputy Director of the U.S. Consumer Financial Protection Bureau (CFPB). As the Bureau’s second-ranking official, he helped launch the agency and steward its strategy, its operations, and its policy agenda. He also served on the senior staff committee of the Financial Stability Oversight Council, and as a statutory deputy to the FDIC Board.

Before his public service, Raj was a Managing Director in the Financial Institutions Group at Deutsche Bank Securities, Senior Vice President for Corporate Strategy and Development at Capital One Financial, and a strategy consultant in the financial institutions practice of McKinsey & Company. Raj is a graduate of the College of Engineering at the University of California at Berkeley (highest honors) and the Harvard Law School (magna cum laude).

RAJ RELATED LINKS

Wikipedia Profile

Fenway Summer

Circle | Green Dot | Linden Lab

American Banker Profile

Testimony | CFPB 1st 100 Days

Orrick’s RegFi Podcast Episode

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