Cooper Parry leads collaboration to empower early-stage FinTech founders
VentureCEO has recently inaugurated its 'Future of Money' cohort programme, curated expressly for early-stage CEOs at no expense by Cooper Parry’s Tech & High Growth team, a prominent advisor in the UK startup and scaleup landscape within the accounting and tax sectors.
This initiative follows the successful launch of its 'Future of Health' cohort earlier in the year.
This latest programme, titled 'Future of Money', is the inaugural initiative concentrating on the FinTech sector. The industry currently employs 76,500 individuals across the UK, with projections indicating a rise to 105,500 by 2030. The cohort will include 15 FinTech CEOs from across the UK, including representatives from Fena, ZipZero, Mast, RQ, Sprive, EverUp, Profit.com, Plend, Doshi, Vega Investments, BibiMoney, Kaldi, Tred, Lightning Reach, and Everything.
Spanning ten weeks, the cohort aims to provide a suite of initiatives to aid selected early-stage CEOs. They will gain unique insights and support from seasoned FinTech CEOs and advisors experienced in significant scaling and fundraising efforts. Moreover, the programme is designed to cultivate a robust peer group, fostering impactful connections that will drive growth throughout the duration of the cohort.
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 £1.4 billion 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, 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 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.