Achieving Gender Equity in the Fintech Community
Based on research from Deloitte, less than one-tenth of fintechs are founded by women, an alarming and disconcerting figure. This report examines the gender gap among fintech companies and the painstaking progress that has been made towards gender equity within the past decade. Reasons why funding is inequitable are also explored, along with actions three key stakeholder groups could employ to make inroads with gender diversity. The paper closes with a brief look at how the COVID-19 pandemic could create new opportunities for startups founded or co-founded by women and why investors should heed this call to action.