Jul 7, 2020
In this episode we are joined by Karen Rudich, CEO and Israel Obinyan, COO of ELEMENTARYb, an intelligent data financial SaaS company creating a future model of banking to support businesses’ financial and risk needs using high-performance modern technology for all banking, tax and accounting activities. About to start their pre-round A fundraise, ELEMENTARYb will help Middle Market Enterprises (MMEs) build resilience, compliance and security fit for both today and tomorrow.
We discuss the current environment of low growth and continued uncertainty in the face of Brexit and the pandemic, the effect of Covid on MMEs and how innovation is key to moving forward, how Open Banking and Open Finance are solving problems like data standardisation. We explore the importance of MMEs, the underappreciated backbone of the UK's growth economy, and how ELEMENTARYb is focused on helping MMEs address any short or medium term needs by bringing data into a central place, providing a holistic view of the business and helping to reduce the complexity around the decision making process.