By Dr Jane Thomason, Co-founder of the British Blockchain and Frontier Technology Association
During International Women’s Month 2021, the theme #choosetochallenge inspires us all to challenge the barriers to achieving Sustainable Development Goal 5, gender equality, a fundamental human right, and a necessary foundation for a peaceful, prosperous and sustainable world. There is also growing evidence that women’s equality makes good economic sense.
McKinsey Global Institute found that $12 trillion could be added to global GDP by 2025 by advancing women’s equality.
The Harvard Business Review encourages investors to pay attention to the female economy, as women control about $20…
Women control more than US$216 trillion in wealth (World Bank) and are responsible for up to 89% of purchasing decisions globally (Neilson). They’re also strong savers and loyal customers. Yet, this market remains largely underserved. Only 65% of women have access to a bank account, compared to 72% of men (Global Findex). Unmet demand for business finance among female-owned MSMEs in emerging markets is estimated to be US$ 1.7 trillion (IFC). And, of those women who do access financial services, 73% are dissatisfied with their bank. (BCG).
The fintech sector is uniquely poised to close the gender gap and respond…
Anyone who knows Monica Eaton-Cardone is aware that she’s a long-time, committed advocate of women taking on professional and leadership roles in technology. She has made a serious commitment to helping every member of her organisation grow and reach their true potential.
We sat down with her to discuss her mission for equality across the payments space, as well as some of the key learnings she has attained along the way.
Why is it important to spotlight women and support their growth?
It’s my view that women have the same competencies in professional roles as their male colleagues. The key…
An interview with Alexa Fernandez, Independent fintech and innovation advisor — by Chisom Ezeilo
CE: Please tell us about yourself and your journey into Fintech and founding Hourglass Innovations.
AF: I discovered fintech via Level 39 in Canary Wharf, London. When I was working in Corporate and Investment Banking, I was charged with organizing a tour for the Head of BBVA’s Corporate Venture Fund. I was amazed to find this world of innovation and entrepreneurship, and made it my mission to become a part of it! I was given the opportunity to join a new team at BBVA, New Digital…
In 2015 the United Nations member states (193 countries) adopted 17 sustainable development goals (SDG’s) that, if adopted, and achieved by 2030, would make the world a better place. The fifth goal — achieving gender equality and empowering all women and girls — is, as a woman, of great interest to me. Especially when, as a woman in Fintech, I have for years experienced my own instances of gender inequality both personally and with the business decisions being made. Six years ago, when the SDG’s were adopted, I was working with product teams who were developing Fintech products in a…
Home to one in ten of the fintechs listed on the Global Fintech Index by findexable, the Nordic and Baltic countries are where some of the biggest names in financial technology first came to prominence: from Klarna and iZettle to Transferwise and Tink, all of which have their roots in northern Europe.
There are three primary reasons for the outsize success of the countries of the Nordic and Baltic region — home to close to 1,000 fintechs while representing little more than 2% of the population of Europe:
by Chisom Ezeilo, Diversity and Inclusion Analyst at findexable
I am mostly concerned about the percentage of women founders who get funded by investors, the percentage of companies that focus on building products especially for women, and also those who struggle with getting employment in a male-dominated field. The Nordics Report showed that only 1% of women founders get funded by venture capitalists compared to the 88% that went to the all-male founder’s team and the 11% that went to mixed gendered teams.
Research by Crunchbase shows that statistically, only 7% of VC partners in the top 100 VC firms…
an interview with Audrey Mothupi, CEO of SystemicLogic
We are beginning to take active steps to put in place the right authorities that the fintech industry needs at a time like this. We need data that is relevant, up to date, and validated, combined with a transparent way in which to measure and monitor success.
The Fintech Diversity Radar, launching in 2021, seeks to understand the impact made by women and their contribution to the digital economy — and to hear their voice.
In this issue we are joined by Audrey Mothupi, Member of the Advisory Board for the Fintech…
To realise the promise of fintech, we need data that is relevant, up to date and validated, combined with a transparent way in which to measure and monitor success.
At findexable, we’re setting out to build the Fintech Diversity Radar, launching in 2021, the world’s first global platform gathering progressive data on women in fintech to understand their impact and contribution to the digital economy.
We could not do this on our own, so we have gathered a powerful group of fintech and diversity experts to support us and lend…
In fast-changing world financial services firms need to improve their ability to adapt to change — this ability is already becoming a leading indicator of their future success or likely default. Alberto Garuccio, Innovation leader at Reale Mutua and findexable’s Regional Ambassador for Italy, France and DACH explains.
The ‘6D’ chain reaction of technological progression of the last decade — digitization, deception, disruption, demonetization, dematerialization and democratization — hardly seemed to touch some corners of financial services.
Instead we ended up with an, ‘I’ll-scratch-your-back-when-you-scratch-mine,’ model based on cooperation between industry incumbents and startups in place of industry-wide disruption.
Findexable exists to collect, assemble and sort the world’s fintech data