Building relationships with your customers is the cornerstone of success. So, how can we make every relationship count?At rather.chat, we build AI-powered end-to-end conversational journeys to keep customers engaged for maximum impact. As the Co-Founder and CFO of rather.chat, I am driven to transform the ways businesses in sectors like insurance and automotive communicate with their clients, turning every interaction into an opportunity for innovation and enhanced service. Through rather.chat, we are committed to leveraging the best of WhatsApp and AI (think ChatGPT) to make businesses future-ready.With a robust background in actuarial science and finance (combined with a passion for technology), I co-founded rather.chat to bridge the gap between traditional business practices and modern technological solutions. Alongside my co-founder Jonathan Elcock, we aim to drive significant societal impacts by improving how companies interact with their communities and customers.I earned my Actuarial Science degree from the University of Cape Town and continued to develop my expertise in PwC's actuarial consulting team. Following this, I pursued an MBA at IESE in Spain and worked in M&A at Deutsche Bank in London, expanding my understanding of global markets and financial strategies. These experiences have been essential in shaping my business and innovation approach.As a qualified actuary, I bring an in-depth understanding of risk management and financial forecasting to my role at rather.chat. My international finance experience, including significant roles in corporate transactions like IPOs, equips me with unique insights into driving business growth through strategic innovations.After my MBA in Barcelona and Corporate Finance in London, I returned to South Africa because I am passionate about this country, a place where I hope to bring about meaningful change.My commitment to building meaningful relationships and challenging myself is also at the centre of my home life, which is why I’m a devoted husband and father of two. My passions for triathlon and cold-water swimming not only keep me physically active but also mentally sharp, reflecting the discipline and resilience I bring to my professional roles. I’m eager to connect with industry professionals who share a passion for leveraging technology to address real-world challenges. Whether you’re interested in collaboration or just exchanging ideas, feel free to reach out!
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Co-Founder And CfoRather.ChatCape Town, Wc, Za -
Co-Founder & CfoRather.Chat Jun 2018 - PresentCape Town, Western Cape, South Africarather.chat, formerly known as CompariSure, is committed to helping businesses become future-ready by implementing our unique AI-powered WhatsApp solutions, radically transforming customer experiences. Our unique approach is leveraging cutting-edge conversational commerce technology, which sets us apart in the market by enabling us to deliver end-to-end conversational journeys tailored to the individual needs of our users.Our innovative strategy involves engaging customers through advanced chatbot technology - unlike anything seen before in the market. We utilise social media platforms, enhanced by machine learning and AI, to sharpen your marketing strategies and maximise your return on investment with us. This technology not only allows you to reach a broad audience efficiently but also to interact with them in a dynamic and personalised way, guiding them towards products that best suit their needs.As co-founder and CFO of rather.chat, I bring my corporate expertise and leadership to the table. My background in actuarial science and international finance has been crucial in shaping the financial strategies that underpin our business model. My focus on detail and strategic financial planning ensures sustainable growth and operational efficiency, enabling us to innovate continually while maintaining fiscal responsibility.The effectiveness of our chatbot technology has expanded our business model beyond direct consumer interaction. We have become a software provider to several top insurers listed on the Johannesburg Stock Exchange (JSE), offering them customised, white-labeled versions of our chatbot. The core of our unique USP lies in our ability to combine the best of WhatsApp and LLMs like ChatGPT, enabling broad-reach chatbot technology that transforms customer experiences. Visit us at: https://rather.chat/ -
AssociateDeutsche Bank Jul 2017 - Jun 2018London, United KingdomDuring my tenure as an Associate at Deutsche Bank, I played a pivotal role in strategic financial advisory, particularly in the financial services sector. More notably, I advised a major client with an annual revenue of €150 million on a strategic business review, which led to the successful IPO of a subsidiary. Collaborating closely with the client's management, I helped draft the IPO equity story and debt-raising materials, ensuring a compelling narrative for potential investors and optimising financial strategies for market entry.Additionally, I was responsible for creating detailed financial models to project future earnings and valuations, essential for advising on the IPO pricing strategy and other strategic decisions. I also developed comprehensive client presentations, summarising research findings, strategic recommendations, and financial scenarios. These efforts were pivotal in guiding client decisions and facilitating high-stakes discussions during executive and board meetings. -
2017 Mba CandidateIese Business School Sep 2015 - May 2017Barcelona Area, SpainDuring my MBA at IESE in Spain, I gained invaluable insights and skills that later proved crucial in launching and managing my startup, rather.chat. The rigorous programme emphasised strategic thinking, leadership, and a deep understanding of global business dynamics, which equipped me with the ability to navigate the complex challenges of starting and growing a business in the competitive tech landscape. Key lessons in entrepreneurship, financial acumen, and cross-cultural communication developed during this time laid the groundwork for me to effectively lead the company alongside Jonathan Elcock, emphasising innovation, adaptability, and a clear vision.This educational experience not only broadened my professional network but also instilled a robust framework for strategic decision-making and resource management in a startup environment. -
Mba Summer AssociateDeutsche Bank Jun 2016 - Aug 2016London, United KingdomI interned as a Summer Associate at Deutsche Bank in London, which was an experience that enriched my understanding of international finance and corporate strategy. This role involved analysing market trends, assisting in the structuring of deals, and developing financial models, which honed my analytical skills and deepened my financial expertise. My exposure to the high-stakes environment of investment banking provided me with critical insights into the complexities of global financial markets and the strategic considerations necessary for successful financial transactions. These competencies became instrumental in my work, particularly in managing finance-related aspects of my startup, equipping me with a robust foundation for making informed, strategic decisions in high-pressure situations. -
Manager In Actuarial, Risk And Quants - Arq TeamPwc 2012 - 2015Cape Town Area, South AfricaI led and managed small teams in providing actuarial audit and bespoke advisory services to clients, including multi-national and government. Nature of work includes analytical problem solving, forecasting, quantitative analysis, risk analysis, share scheme valuations and actuarial liability review. -
Assistant Manager - Arq TeamPwc 2011 - 2012 -
Analyst - Arq TeamPwc 2010 - 2011
Matt Kloos Education Details
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Master Of Business Administration (M.B.A.) -
Actuarial Science With A Mojor In Statistics -
Bishops High School
Frequently Asked Questions about Matt Kloos
What company does Matt Kloos work for?
Matt Kloos works for Rather.chat
What is Matt Kloos's role at the current company?
Matt Kloos's current role is Co-Founder and CFO.
What schools did Matt Kloos attend?
Matt Kloos attended Iese Business School, University Of Cape Town, Bishops High School.
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