# Jacqueline Reses

> Jacqueline 'Jackie' Reses is the Chair and CEO of Lead Bank, a Kansas City-based chartered bank she acquired in 2022 and transformed into a banking-as-a-service powerhouse serving fintech builders. Previously, she built Square Capital from zero into a multi-billion dollar lending business at Square (now Block), served as a board member at Alibaba through its historic 2014 IPO, led 41 transactions as Yahoo's Chief Development Officer, and spent seven years at Goldman Sachs in M&A. A Wharton-trained economist from Atlantic City, she co-authored 'Self-Made Boss' and holds patents in payments, credit, and cryptocurrency. Lead Bank closed a $70M Series B in September 2025 at a $1.47B valuation backed by a16z, Ribbit Capital, Coatue, and Khosla Ventures.

- **Role:** Chair and CEO at Lead Bank
- **Organizations:** Lead Bank, Post House Capital, Affirm Holdings, Endeavor, Nubank, Wharton School Board of Advisors, Kansas City Federal Reserve Community Depository Advisory Council
- **From:** Atlantic City, New Jersey, United States
- **Nationality:** American
- **Education:** High School (graduated early), Peddie School, Senior year coursework, George Washington University, B.S. in Economics (with honors), Wharton School, University of Pennsylvania
- **Known for:** Built Square Capital from launch to a multi-billion dollar lending business, Helped lead Alibaba's September 2014 IPO as a board member, Led 41 transactions as Yahoo's Chief Development Officer (2012-2014)

## Career timeline

- **1992-1999** — Goldman Sachs — Mergers & Acquisitions and Principal Investment Areas
- **1999-2001** — CEO of iBuilding, Inc. (real estate software) — sold to Realeum Software in 2001
- **2001-2012** — Partner at Apax Partners — ran U.S. media group for London-based private equity firm
- **2012-2015** — Yahoo! — EVP of People & Development, Chief Development Officer; led 41 transactions
- **2012-2014** — Alibaba Group — Board member; co-chaired audit committee; helped lead September 2014 IPO
- **2015-2022** — Square / Block — Led Square Capital (small-business lending); Chief Human Resources Officer; Executive Chairman of Square Financial Services
- **2020** — Lobbied Treasury Secretary Mnuchin to include fintechs in PPP loan distribution during COVID-19 — built lending product in two weeks
- **2020** — Square received first FDIC Industrial Loan Company charter in over a decade
- **2022** — Acquired Lead Bank (Kansas City, MO) for $56M; became Chair and CEO
- **2022** — Co-authored 'Self-Made Boss' with Lauren Weinberg
- **2024** — Named to inaugural CNBC Changemakers: Women Transforming Business list
- **2024** — Lead Bank named to CNBC Disruptor 50
- **2025** — Lead Bank named to Forbes Fintech 50
- **2025** — Lead Bank partnered with Stripe and Visa for stablecoin-linked payment card platform; began settling with Visa in USDC on Solana
- **2025** — Lead Bank closed $70M Series B at $1.47B valuation — investors include a16z, Ribbit Capital, Coatue, Khosla Ventures, ICONIQ, Greycroft, Zeev Ventures

## Achievements

- Built Square Capital from launch to a multi-billion dollar lending business
- Helped lead Alibaba's September 2014 IPO as a board member
- Led 41 transactions as Yahoo's Chief Development Officer (2012-2014)
- Secured Square's FDIC Industrial Loan Company charter — first granted in over a decade (2020)
- Convinced Treasury Secretary Mnuchin to include fintechs in PPP distribution; built the product in two weeks
- Grew Lead Bank to over 1 million customers; 9% QoQ revenue growth, 50% net profit increase in Q3 2023
- Led Lead Bank's $70M Series B at $1.47B valuation (September 2025)
- Co-authored 'Self-Made Boss' (McGraw-Hill, 2022)
- Holds multiple patents in payments, credit, and cryptocurrency
- Named CNBC Changemaker: Women Transforming Business (2024)
- Named Forbes 'Self-Made Women'
- Named Fast Company 'Most Creative People in Business'
- Named American Banker 'Most Powerful Woman in Finance' (2020)
- Chairwoman, Economic Advisory Council, Federal Reserve Bank of San Francisco

## Latest updates

- **2025-11** — Joined CNBC Changemakers Advisory Board alongside Apollo Impact Chairperson Patience Ball
- **2025-09** — Lead Bank closed $70M Series B at $1.47B post-money valuation; investors include ICONIQ, Greycroft, Ribbit Capital, Coatue, Khosla Ventures, a16z, Zeev Ventures
- **2025-04** — Lead Bank partnered with Stripe and Visa for stablecoin-linked payment card platform; began settling with Visa in USDC over Solana blockchain
- **2025-03** — Featured in CNBC profile on rising from 'a pretty gritty childhood' to the top of U.S. fintech
- **2025-01** — Lead Bank named to Forbes Fintech 50 list for 2025
- **2024-02** — Named to inaugural CNBC Changemakers: Women Transforming Business list
- **2024-01** — Lead Bank named to CNBC Disruptor 50 list

## Links

- Website: https://lead.bank
- LinkedIn: https://www.linkedin.com/in/jacqueline-reses-938b7850/
- Twitter/X: https://twitter.com/jackiereses
- Facebook: https://facebook.com/leadbank

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Profile page: https://yespress.io/jacqueline-reses
Published by YesPress — https://yespress.io
Last updated: 2026-05-26