Episode 008 — Nicholas Heller, CEO of Fractal Labs

OpenOcean
OpenOcean
Published in
2 min readFeb 7, 2020

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SMEs are the backbone of each country´s economy, still, they are vastly underserved by financial services. Nicholas Heller and his team at Fractal Labs are here to change that.

Welcome to #TheQuickPitch, a podcast show in which Reid Jackson sits down with entrepreneurs across Europe building awesome tech companies 🚀💥

Nicholas Heller is co-founder & CEO of Fractal Labs, a platform #startup that helps reimagine financial services for SMEs. At #TheQuickPitch he discusses with Reid about the challenges and opportunities for financial services to serve start-ups and growth companies with products they need at a different stage of growth to progress their business. There is a surprisingly big lack of understanding of depth or metrics to make good credit scoring. Due to fragmentation of the SME market, it is also very difficult for financial institutions to quantify value from those segments, understand risk and offer timely relevant services to these sectors.

SME is a broad term and very fragmented, and they all (different segments) require different levels of services whether it´s from their bank, accountant or alternative lender. Therefore they are traditionally very underserved which also is a massive opportunity for Fractal Labs.

Don´t miss out our previous founders´interviews on #TheQuickPitch

Tune in and get to know how an ex-astronomer turned into a start-up CEO. Kim Nielsson is the CEO and Founder of Pivigo, a London-based start-up that brings businesses and data science together to harness the value and opportunities in data.

Meet Anna Tsyupko, the founder and CEO of Paybase, an end to end solution covering payments, compliance, and risk management start-up. Out of London, Anna and her team enable their clients to use payments for their advantage. Within three years the team has grown to just over 20 people and recently launched their platform. Listen to Anna’s story on how she lives and breathes entrepreneurship.

#founder #startup #openoceanvc

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