Earlier this year, we launched our Investment Series in partnership with the Department of International Trade (DIT) as part of a joint commitment to boost FinTech investment in the UK.
A key aspect of FinTech Alliance’s remit is to improve access to capital. We wanted FinTechs to be able to build relationships with potential investors and learn how to build the perfect pitch deck, as well as having the chance to pitch. We also wanted investors to find out about the hottest new ideas in FinTech and make their pick of the bunch.
In the current climate, it’s even more challenging than usual for startups seeking investment. There are no more in-person meetings, networking events or even casual coffees. It can be difficult to illustrate your idea and gain trust over email or even video chat.
That’s why instead of cancelling such an important series, we’ve decided to adapt. Although we can’t have the Final Pitch Day we’d planned, we still want to give FinTechs the chance to share their proposals and also to continue learning.
FinTechs have so far benefitted from our ‘Build your Pitch Deck’ workshop hosted by Augmentum FinTech at Seedrs, which offered advice on what investors want to see and the opportunity for founders to ask the experts from organisations like PwC, Augmentum and Seedrs.
Now, we’re going virtual. On Thursday 23 April, during the now extended and online UK FinTech Week, we will be holding a day of virtual panels and pitching. This is set to include a message from the Economic Secretary to the Treasury, John Glen, as well as a panel on Seed – Series A funding led by Outward VC and one on Series B and beyond, led by Anthemis.
Then, investors will be able to view video pitches from FinTechs to find out more about their business plan. Since all the investment takes place on our Investment Hub where videos and pitch decks are uploaded, this was already set up for the remote working world.
We want to be there for our community and continue to develop FinTech here in the UK, and we also hope this event will serve as a reminder that there is still a huge amount of potential for innovation and problem solving – especially as those problems might seem insurmountable at the moment.