On the TechTO stage ×4
FintechTO Fireside Chat with Andrew D'Souza, Co-Founder & CEO of Clearbanc
Watch on YouTube ↗Going all in on Entrepreneurship with a Canadian Tech Titan
Watch on YouTube ↗Founder Journey ft. Andrew D'Souza
Watch on YouTube ↗2021 Canadian Rocketship Companies - Clearco
Watch on YouTube ↗First seen on the TechTO stage in 2019. Every talk is searchable — ask the archive about Andrew ↗
Also on the stage ×1
Panels and roundups Andrew appeared on.
In their words
I sucked at working for people. Every boss I ever had hated me. I thought it was them, and then it just kept happening over and over. At a certain point you realize you're not employable — and starting a company was the last line of defense.
You're never going to have enough data to jettison the thing that's working for the thing you're more excited about. It has to be that founder instinct — and you have to do it before you have enough data.
If we hadn't started by giving ten and twenty dollars to Uber drivers four years ago, we would never have been able to give millions of dollars to an e-commerce entrepreneur.
The founder wants to do something else. The company's fine and it actually just needs new leadership... and then needs to sort of swallow the pill of: my company needs something that I can't give it, and I need something that I can't get from my company. And I think that's a really tough situation for a lot of founders.
When things are going really well, often you're just trying to hang on. But I think what I wish we had done was really fortify our defensibility... We didn't really create a network effect in the business. We had ideas of how to do it, but we were just trying to hang on for dear life.
I think one thing I learned very early was when you put a financial incentive in front of something that people just do out of goodwill, you change the behavior completely. If I introduce you to Alex just because I think you guys would get along, then you both go into that interaction very open-minded. If you know that I get paid if you work together or if he hires you, then both of you come in like, was Andrew really thinking about this from my best interest, or was he actually thinking about it from a monetary incentive?
More from TechTO ×2
Around the web ×4
Quick answers
What is Andrew D'Souza building now?
Boardy, started March 2024: an AI that makes warm introductions. Boardy has a phone number, email, LinkedIn profile and WhatsApp — deliberately no app, login or dashboard.
How did Clearbanc (now Clearco) start?
It began by advancing Uber drivers their pay, moved to funding Airbnb hosts, then went all in on e-commerce — funding merchants off business data like payment processors and ad accounts instead of personal credit scores, eventually expanding into 11 countries.
Is he still CEO of Clearco?
No. He decided he wasn't the right person to take the company to its next level and helped bring in a new CEO in 2022, before starting Boardy.




