It doesn't seem like he really left finance at all - in fact, it looks like he probably hired some coders and had them build a product that he oversaw, then sold it utilizing his experience and connections inside the financial industry.
Are you really leaving finance for a tech job if all of your clients are in finance?
Also, did he really risk his life savings on this? Seven figures for even just a few years would set you up to launch a company and still retain some life savings, it seems like.