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khan recently chatted Matt Hyde Managing Director Fintech Awards London Director of Fintech Recruitment Provider Recruit 121on finding large scale-up companies in the UK fintech sector and supporting them from an advisory perspective.
They also addressed the state of the London economy post-pandemic.
“Obviously there are many macro issues facing not only the UK but globally, such as interest rates, inflation, the war in Ukraine, etc., which will ultimately have to impact the economy and businesses, especially scaling up. There are businesses that need funding or are looking to grow,” Khan said.
Corporate seed funding has slowed in the last few quarters, but there is still late-stage funding. Yes, potentially lower valuations, but the business is still growing.
“My best advice for scaling up, especially in this environment, is to stay true to what your business is, even though there are certainly some tough times at the moment. This is an interesting area of disruption. If you really believe it’s a technology, go after it and enlist your partner to help.
“Ask for help, ask for advice. The worst thing you can do in the disruptive world of technology is to withdraw because you’ve lost your way. Stay disciplined and keep moving forward with the right partners.”
clan chief Hyde also spoke about Peel Hunt’s sponsorship at the Fintech Awards London 2022 and why it’s important for London fintechs to showcase their talent. So is the importance of building trust and helping with fundraising.
