Mon. May 20th, 2024
Image captions From L to R: • Mark Burges Watson, Kaldi • Johnny Ridd, RQ • Daniel Rose, Doshi • Jinesh Vohra, Sprive • Gosia Furmanik, Fena • Ren Hooi, Lightning Reach • Giuseppe Caltabiano, EverUp • Mohsin Rashid, ZipZero • Shiraz Jessa, Bibimoney • Joy Abisaab, Mast.
  • Cooper Parry officially launches the second instalment of VentureCEO.
  • Partners of the programme include AWS, Balderton Capital & AlbionVC.
  • The tailored programme provides direct access to seasoned FinTech CEOs and Founders, specialised content and personalised mentorship sessions with industry experts.

VentureCEO has officially launched its ‘Future of Money’ cohort programme, designed specifically for early-stage CEOs – at no cost – by Cooper Parry’s Tech & High Growth team – the leading UK startup and scaleup advisor in the accounting and tax space.

The VentureCEO programme officially launched earlier this year, debuting with its ‘Future of Health’ cohort. This second instalment, ‘Future of Money’, marks the first-ever programme that focuses on the FinTech sector, which currently has 76,500 people across the UK working in the industry, with this set to grow by 105,500 by 2030.

The cohort will see 15 FinTech CEOs across the UK participating. These are Fena, ZipZero, Mast, RQ, Sprive, EverUp, Profit.com, Plend, Doshi, Vega Investments, BibiMoney, Kaldi, Tred, Lightning Reach and Everything.

The 10-week cohort provides a series of initiatives to help the selected early-stage CEOs get unique insights and support from later-stage FinTech CEOs and advisors who have been through significant scaling and fundraising events themselves, whilst also creating a powerful peer group. The collaboration will foster impactful and beneficial connections and drive growth during their time with the cohort.

Steve Leith, Partner and Head of Tech & High Growth at Cooper Parry. Steve created the team to support over 500 scaleups and high-growth companies in the UK. Before joining Cooper Parry, he spent 20 years in Grant Thornton’s Technology team and has worked with scale-ups that have raised in total over $5bn in venture capital. He has mentored at Wayra, Seedcamp, Microsoft Accelerator, L Marks accelerators and Cisco EiR London. Steve also supported the Tech Nation sector and scaleup programmes working with the UK’s fastest growing scale-ups.

 

Steve Leith, spokesperson for VentureCEO and Partner and Head of Tech & High Growth at Cooper Parry, comments on the aim behind the initiative:

“The UK has a globally recognised reputation for incubating and building world-leading FinTech brands, with British FinTechs having raised £1.4bn in the first quarter of 2024. Cooper Parry is dedicated to curating the amazing network of founders and advisors in this country who can positively impact the next wave of FinTech innovators.

“With the economy continuing to prove a tougher climate than in previous years, we have designed the ‘Future of Money’ programme to deliver early-stage founders with valuable and actionable guidance from some of the best in the industry. We are extremely fortunate to have the commitment of  our amazing partners, together with experienced later-stage FinTech CEOs, who will facilitate connections, learning and community building to help fuel growth.”

The programme has several influential commercial supporters, including Amazon Web Services (AWS), ​​Mischon De Reya, and Capsule Insurance. In addition, fundraising advice and counsel will be given by Balderton Capital and AlbionVC, who both continue their support for the VentureCEO cohorts, alongside a dynamic array of sector-specific experts including CharlieHR, Luminous PR and Alex Arnot – one of the most prolific Board and Founder Advisors in the UK.. Each brings a unique set of resources and expertise to further enrich the experience for participating CEOs.

The later-stage FinTech CEOs involved include Tim Chong, CEO of Yonder,  David Jarvis, Founder of Griffin, Martina King at FeatureSpace, and Richard Davies, CEO of Allica Bank – between them, they have raised over $750m

 

Tim Chong, Co-Founder and CEO, Yonder. Tim is the co-founder and CEO of Yonder; a consumer lifestyle Fintech that’s disrupting American Express. Since founding Yonder in 2021 – Yonder has raised over £20m in venture capital funding from early backers of Spotify, Wise, Figma, Monzo, Datadog and UiPath; and over £62m in debt financing. Since launching – Yonder has processed over £100m in card transactions with over 40,000 visits to Yonder’s partners across dining, travel, fitness and online experiences

 

Tim Chong, Yonder’s CEO and co-founder said: “The UK is undoubtedly one of the best places in the world to launch a FinTech startup, but the current climate has made survival tougher than ever. Advice and guidance from later-stage CEOs and industry experts were invaluable in helping me navigate the first few months of Yonder, so it was a no-brainer to join VentureCEO’s programme as a way to offer the same support to other new founders.”

Alongside addressing the needs of a rapidly scaling business, the programme will also prioritise personal well-being; MotivatePT will be rolling out group online fitness sessions, building community and encouraging participants to make time for movement to power up the mind-body connection.

 

Cat McDonald, Investment Director, AlbionVC
Cat joined AlbionVC in 2018 and focuses on backing founders across fintech, cyber and legacy industries. Prior to joining AlbionVC, Cat worked in New York and London as an Investment Banker with Goldman Sachs. Cat holds a degree in Economics from Harvard University, where she focussed on global economic development and behavioural economics.

 

Cat McDonald, Investment Director at AlbionVC concludes: “Despite the recent slowdown in UK FinTech funding, we remain optimistic about the opportunities in this sector and impressed by the quality of founders and startups in the UK ecosystem. I’m delighted to have been invited to support this great group of ambitious founders in the next VentureCEO cohort”.

Over the 10-week VentureCEO Future of Money programme, the CEOs and Founders in the cohort will benefit from:

  • A curated peer group of CEOs at the same stage and in the same sector.
  • Access to later-stage CEOs and their valuable insights.
  • Laser-focused content designed specifically to enable highly relevant support to founders on both their personal and scaling journeys.
  • Immediate commitment of support from best-in-class experts across legal, accounting, tax, HR, PR, digital marketing, growth and fundraising strategy, founder finance, founder wellbeing and more.
  • The opportunity to connect with vertical-specific domain experts and investors.

For more information about VentureCEO or to express your interest in being part of a future cohort, visit:  https://www.cooperparry.com/venture-ceo

By Editor