Crete’s $500M AI Investment: Steve Stagner Joins the FinTech Leaders Podcast

June 24, 2025

Crete CEO Steve Stagner tells Miguel Armaza why AI—like the printing press, production line, and internet before it—will transform the profession for those bold enough to embrace it.

Crete CEO Steve Stagner tells Miguel Armaza why AI—like the printing press, production line, and internet before it—will transform the profession for those bold enough to embrace it.

In his interview with Miguel Armaza, Crete CEO Steve Stagner draws a parallel between AI and past transformative innovations like the printing press, the production line, and the internet—each met with concern but ultimately reshaping how the world works. He emphasizes that AI doesn’t invent; it predicts based on the data it has. While some roles may be at risk, Steve makes it clear that the real threat lies in not embracing AI. “You now have a PhD in your pocket,” he says, underscoring the opportunity to use technology as a thought partner—freeing people to focus on the higher-value work that truly moves the profession forward.

Listen here: Steve Stagner on Building Crete's $500 Million AI Roll-up to Modernize Accounting

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