Tips For Women Looking To Work in Fintech
Maria Loyez, SocietyOne CMO, shares some tips for women looking to work in fintech as well as discussing some of the challenges faced by the industry. Only a quarter of fintech employees are female and the overwhelming majority of fintech companies are founded by men.
Here is her story:
There has never been a more exciting time to be working in fintech.
One of the world’s biggest growth industries, fintech is revolutionising the way we engage with so many facets of life, often resulting in better value, improved convenience and more choice. The industry has more than doubled in size since 2015, company revenue has increased by more than 200%, and the number of Australians adopting fintech has tripled.
However, the fintech industry still faces a number of challenges as it strives to become mainstream, and one of my main concerns is achieving diversity. Only a quarter of employees are female and the overwhelming majority of fintech companies are founded by men.
More and more, the corporate world is recognising the fact that homogeneity of backgrounds drives homogeneity of thinking. It is important to work with a range of people with diverse experiences and skill sets, to drive diversity of thought.
This is particularly true when it comes to fintech, which by its very nature has been successful through the collaboration of two different industries; finance and technology.
Now, I often ask myself what is holding women back from getting involved in fintech, and I believe the answer lies in educating girls and women, and also driving awareness of the vast possibilities that fintech opens up for both the finance industry and consumers.
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