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Cleo boss: Startups, stack your board with ex-founders

Barney Hussey-Yeo is the founder and CEO of Cleo.

Barney Hussey-Yeo is the founder and CEO of Cleo, a company that has created a digital assistant to provide personalised financial support for Generation Z.

Founded in 2016, Cleo’s budgeting chatbot has been used by millions of young people to manage their finances.

In July last year, the London-based fintech closed an $80m Series C round at a $500m valuation.

Cleo has been using that capital to fuel its expansion across the US, a market that has historically been challenging for UK players to gain traction.

In this week’s Founder in Five Q&A, Hussey-Yeo shares his most important early hire, explains why it’s important to have ex-founders on your board, and why natural language processing (NLP) will have a “macro-sized impact on every person”....