FinTech LIVE: Interview with Chris Rigby, CFO, Stenn
The flagship event of the global FinTech LIVE series, FinTech LIVE London 2024 was dedicated to inspiring and empowering C/V/D level fintech executives in enterprise organisations.
Our hybrid FinTech LIVE London 2024 event provided a dynamic and interactive online platform, allowing attendees to connect, learn, and exchange insights on the latest trends, challenges, and best practices in fintech and financial services.
Cultivating a vibrant atmosphere, FinTech LIVE London enabled fintech leaders from the UK and Europe to forge connections and delve deeper into the most pressing fintech issues facing their organisations.
Here, we recap our exclusive FinTech LIVE London interview with Chris Rigby, Chief Financial Officer at Stenn.
What are some of the key points you discussed on stage at FinTech LIVE London?
“The really nice thing about coming to this kind of conference is that everybody's got the same pain points, but they're just in different sectors. You learn a lot from speaking to your peers about whether they're experiencing what you're experiencing.
“Clearly, the disruptive impact of generative AI is huge, which is no great surprise today. But in terms of other people's cultural approaches to adopting new technologies, learning and failing, that was really quite illuminating to me, actually, because we see a lot of that in our own business.
“You're not quite sure what people's aptitude for risk is, or how they're approaching the same problem culturally. So that was a great learning point.”
What key discussions have you been having about the fintech industry today?
"In this industry, I think it's great that we have creative freedom and that we're trying to disrupt long-term structural problems, but there's a lot of 'ready, fire, aim' in our industry.
“Being ruthless about design and what problem you're trying to solve upfront – it sounds really obvious, but very few people do that well, and I think that was a resonating theme at the show.”
What are some of your goals and challenges to overcome in the next 12-18 months?
"Firstly, we're in 70 countries. We're trying to democratise international trade credit. It's a fairly big problem statement to be addressed, but hopefully, in the next 12 months, we will be undertaking a new capital raise.
“We continue to grow at some pretty impressive revenue and compound growth rates, but it's really about good execution. We're expanding geographically, we're scaling in the capital markets, but we're also hiring a lot of people, which is great for the franchise.
“However, it's also a big challenge in terms of managing culture and not losing the nimbleness of a small firm, which is a trait integral to how we operate.”
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