Eb CEO Joins UK Fintech Week 2023 IFGS Panel

18th April 2023

ELEMENTARYb CEO Karen Rudich Joins Panel discussion: “Spearheading Investment on Both Sides of The Atlantic”

As part of UK Fintech Week 2023, the Livery Hall in London saw an exciting IFGS panel discussion about the differences and approaches to fundraising across both sides of “the pond” in today’s economic environment. ELEMENTARYb and other financial start-ups are navigating a challenging fundraising environment in the current economic situation. ELEMENTARYb’s CEO Karen Rudich, alongside VC investors Nick Daley from Fintech Capital, Steve Gibson from Element Ventures, and Jay Wilson from Albion VC, were hosted by CFTE CEO Tram Anh Nguyen in an exchange of views around the different approaches with insights and knowledge, personal experiences and lessons learned for the benefit of the Fintech sector.

Innovate Finance Global Summit 2023

As the world becomes more digitally inclined, Fintech has experienced tremendous growth – a trend that is expected to continue in the years to come.

IFGS has organized the International Finance and Global Economics Conference (IFGEC) and Fintech Entrepreneurs Summit (IFGS) annually since 2011, providing platforms for leading scholars, policymakers, business leaders from around the world, as well as entrepreneurs, investors, and industry experts to discuss their latest research and business trends, and elaborate on the challenges they are experiencing.

Showcasing Fintech Innovation

The event provides a platform for entrepreneurs to pitch their ideas to investors and potential partners, as well as showcasing innovative Fintech solutions and providing networking opportunities among industry experts and peers.
Events such as this one play a vital role in supporting fintech entrepreneurship, driving innovation and promoting growth in the sector.

A Cornerstone Event in the UK and Global Finance Sphere

Since its inception in 2011, the conference has quickly become one of the most prominent events for the exchange of knowledge and ideas in the finance and economics sector, attracting high-caliber speakers and participants from around the world and acting as a hub for cutting-edge research and analysis.

“As CEO of a start-up with high growth plans and international ambitions, you’re always fundraising”

ELEMENTARYb Shares Valuable Insight for Fintech CEOs

As part of today’s panel discussion and in response to Tram Anh’s question as to whether now is a good time to be fundraising – in the current economic climate – Karen Rudich shared that in her experience as CEO of a start-up with high growth plans and international ambitions such as ELEMENTARYb, you’re always fundraising. Whether you’re doing it for your current round, or striking up relationships with later-stage investors for your future rounds.

She also noted that start-ups need a thorough understanding of whether VC funding is right for them in the stage of growth they are at, as there are other sources of funding – particularly from angels in their earlier stages, as well as family offices or private equity firms.

Eb’s sherloc closes pre-seed fundraising

ELEMENTARYb’s sherloc platform is the first real-time intelligent financial marketplace for SMEs disrupting the financial advisory and product sales markets. Initially empowering 5.5m ELEMENTARYb closed its pre-seed round in Q4 2022 at just over $600k and its Founder, Karen Rudich, is a third-time founder with two successful exits.

To find out more or participate in Eb’s next investment round, please reach out to krudich@elementaryb.com