General Manager and Head of Product
Gusto Money
Dan Loomis is the GM and VP of Product for Gusto Money, where he drives the vision and strategy behind two high-growth, high-impact lines of business — Consumer Money, which is focused on serving the millions of employees Gusto serves with essential financial services; and Business Money, which provides small businesses financial solutions focused on strengthening cashflow and creating enduring conditions for success.
Before joining Gusto, Dan was on the founding team at ONE, where he built and scaled the product and design teams. He led ONE from its early days through to a successful acquisition by RNBW Ventures, a JV between Walmart and Ribbit Capital. Dan has also held leadership roles at Intuit, Capital One, and Verifone driving strategic growth initiatives. He holds a BA in Global and International Studies from UC Santa Barbara.
Payroll and workforce management providers are embedding instant wage access and virtual wallets into their platforms to give employers the ability to provide employees with greater options as to when and how they get paid. Yet these embedded solutions suggest another emerging trend: That employees could soon also have access to more affordable consumer bank products and financial tax and health benefits through their employers’ payroll and workforce management platforms, particularly as younger workers look to “unbank” themselves.