The platform for innovation in financial services
Financial services are math made real by technology. A massive increase in the availability of data, new technologies for engaging with customers, and advanced analytical techniques are rewriting the industry and creating incredible opportunities. We are a team built to take advantage of these opportunities.
If you want to change the industry, you need insider connections to the systems that power it. Eastern Labs has access to the full data and digital assets of Eastern Bank, an institution with 200 years of history. Our ability to rapidly prototype and launch new technologies with Eastern Bank is a powerful advantage.
Scaling a financial services business is hard, so we created an environment to make it easier. When an experiment is successful, we spin out a new business that already has talent, capital, and partners. We also "spin in" ideas to Eastern Bank, providing multiple monetization paths. In addition, we partner with existing companies where our access and capital can accelerate innovation.
We get really excited about building things. We like applied math a whole lot. We are entrepreneurs, published scientists, former physics teachers, musicians, and geeks.
Head of Eastern Labs, Chief Digital Officer Eastern Bank, entrepreneur, banker, teacher, marketer.
Before helping found Eastern Labs, Dan was the CEO of PerkStreet Financial, which he co-founded, raised multiple rounds of capital for, and grew to $1 billion in annual transaction volume. Prior to PerkStreet, Dan was an executive at Capital One, where he co-founded Capital One’s Payments division and relaunched the company’s cash back credit card. He began his career as a consultant at Oliver Wyman, serving Fortune 1000 financial services firms and retailers. Dan has a passion for furthering STEM education and took a sabbatical to teach high school physics. He has a degree in Operations Research from Princeton.
Chief Data Scientist, head skeptic, Python-lover, occasional copywriter, musician, published scientist.
Before helping found Eastern Labs, John was the head of analytics at PerkStreet Financial, where he built analytics and technology infrastructure that predicted customer spend, increased lifetime value, and optimized the marketing and account opening engine. Prior to helping found PerkStreet, John was EVP of Analytics at Mullen, where he built optimization technology for financial services clients including ING, Ally, and LendingTree. John is a published scientist with works appearing in Science and Nature and graduated from MIT with a degree in Cognitive Science. When he's not making tech, John loves making music. The worldwide album sales from his bands just might cover what he spends on music.
SVP Emerging Technologies, start-up veteran, financial data visualization expert, accomplished builder, Brit.
Before co-founding Eastern Labs, Laurence was the former CFO of PerkStreet Financial. In addition to running the finance function, Laurence built the company’s bank settlement infrastructure, enabling PerkStreet to launch the second generation of its online banking platform through multiple bank partnerships. Prior to PerkStreet, Laurence helped build several successful e-commerce technology companies. He was COO/CFO of Searchandise (acquired by Rich Relavance), Dotomi (acquired by ValueClick, NASDAQ: VCLK), and eStara (acquired by ATG, NASDAQ: ARTG). Laurence has a degree in engineering from Cambridge. While his degree was in computer, not civil, engineering, that hasn’t stopped Laurence from completing a half-dozen construction projects as general contractor.
VP Technology & Analytics, engineer, architect, high frequency transaction expert, builder of businesses, maker of robots.
Before co-founding Eastern Labs, Sean was the senior engineer at PerkStreet Financial, where he built many of the key technologies that powered PerkStreet's innovative online banking platform, including the spend prediction technology that helped PerkStreet earn more than three times the revenue from targeted consumer offers than any bank in the country. Sean has founded, created technology for, and scaled numerous businesses in his career and the companies he has been a part of have had initial public offerings of over $70 million dollars and been acquired for over $120 million. His focus on the financial services (PerkStreet, FluidTrade, RoamData) and commerce (Demandware, Collexpo, Tippingpoint Labs) verticals has made him an expert in high frequency, low fault tolerance applications. Sean is a active member of the maker movement and several of the robots he has personally built and coded help him out around the house.
HAVE A SIMILAR VISION FOR THE FUTURE OF FINANCIAL SERVICES? HAVE AN IDEA AND WANT TO BUILD IT HERE? LET'S DO IT.
We’re looking for smart people who want to change banking. We’re hiring engineers and data scientists but even if that’s not you, tell us about yourself, what you want to fix, and how we can help.
You've already figured out a solution to a problem. You've likely done a ton of research. Maybe you've built a mock-up or even a prototype. You're ready to take the take leap.
Does your company have technology that we could help accelerate? Are you a similarly minded bank or financial institution that wants to compare notes?