Bio : Nerve
Nerve is a revolutionary mobile banking app that merges user experience and financial technologies to help music creators build sustainable careers. Headquartered in Austin, Texas, it was co-founded by financial technology innovators CEO John Waupsh and CTO Ben Morrison.
Nerve offers a multitude of financial services and customized tools to help musicians manage their finances, including tracking touring revenue and expenses, streaming royalties and merchandise sales, free instant payments to anyone with a Nerve account, and even collaborative tools that enable financial transparency between bandmates and/or a business manager. Nerve’s free FDIC-insured* business checking accounts can be opened in about a minute, have no monthly fees, and were designed specifically with musicians in mind.
Waupsh and Morrison devised unique, bespoke tools to help music creators of all types manage their money. They drew on their experience working in fintech banking for 15 years, using technology and data to level the playing field between small businesses and large corporations.
The music business deserves music banking, and Nerve is the ultimate solution for artists who want to proactively manage their business finances and plan for the future.
*Banking products and services are offered by Piermont Bank, Member FDIC. https://www.piermontbank.com
John Waupsh is co-founder and CEO of Nerve, a revolutionary mobile banking app that merges user experience and financial technologies to help musicians build sustainable careers. Drawing on two decades of experience as a financial technology innovator and founder/CEO of the independent record label Preservation Project, John co-created Nerve to help musicians and music creators of all types better manage their business finances.
“We started talking to musicians to understand the issues they’re facing regarding finances and money management,” John explained. “We discovered that they need very specific tools to help manage their money—tools that didn’t exist anywhere else. Given my background working in fintech and my partner Ben [Morrison’s] experience as a fintech engineer, we knew we could develop exactly the tools musicians need to thrive and build sustainable careers.”
Working in community banking for 15 years, John became passionate about using technology and data to level the playing field between small businesses and large corporations. He has always seen musicians as small business owners, and knows how these technologies can serve them.
“Music creators can always use more data to inform their businesses,” John said. “Nerve provides this and gives them the tools they need to take charge of their careers.”
Prior to founding Nerve, John spent 15 years leading product management, R&D and user experience at Kasasa, a fintech company serving more than 800 banks and credit unions and millions of consumers nationwide. His book, Bankruption: How Community Banking Can Survive Fintech, is available on Amazon. He lives in Austin, TX.