How an aspiring drummer became a fintech founder with Ivan Muck

Inside the Vacuum #001
Read in < 1 minutes

On the first episode of Banking in Air, we speak to Ivan Muck, the co-founder and CEO of Family Finances. Growing up in a family of musicians, he dreamed of becoming a professional drummer and ended up helping banks and fintechs understand the needs of millennials and teenagers. 

Ivan speaks openly about the challenges they faced over the first few years and how co-founding the company with his brother Ferenc as a product designer and their friend David as CTO has brought them together through shared values and passions. Ivan and Ferenc are actually not only brothers. They are triplets and you will find out more about their sister during the interview. Secret hint: She is also a musician!

Please enjoy!

Listen to the episode on Apple Podcasts, Breaker, Google Podcasts, Overcast, Pocket Casts, Spotify or here:

Here is a rundown of the episode, if you want to jump ahead:

  • 00:30 What Family Finances do
  • 06:25 Ideal customer
  • 08:12 History and challenges of the company
  • 15:14 Working with a brother as a co-funder
  • 17:20 Music background of family
  • 20:07 Technologies used in Family Finances
  • 22:43 Advice Ivan would give to himself before starting a business
  • 26:05 Team setup
  • 27:24 What billboard would you put up at your hometown?

Useful links from episode:

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Banking in Air podcast explores the lives and journeys of founders and technology leaders as they work to overcome challenges in an ever-changing world. Hosted by Marcel Klimo of Vacuumlabs.

About Vacuumlabs

Vacuumlabs provides teams of flexible software engineers and designers with years of experience building fintech, online marketplaces, and digital products. Every step of the way, Vacuumlabs experts collaborate with clients, so that they can move fast, learn and iterate as they build world-class products together.