Recently I had the opportunity to share my experiences with a group of women in the finance field. To complete my talk, it required that I do some research on the field and get more information specifically about FinTech. The world of technology for financial and banking institutions, or FinTech, is on an amazing growth path. What makes this boom so amazing is not just the wealth of opportunities presented, but the possibilities of leveling the playing field in the finance industry and providing access to a vastly underrepresented group – women.
FinTech combines finance and technology, two industries that tend to be very male-dominated. In both those fields. So, we should increase the percentage of women in technology and finance, women are typically found in marketing, business development, sales and human resources while men are more evident in programming and leadership. Even in the entrepreneurial realm of FinTech, the number of women startups is consistently well below 20%.
There Is Progress, But Not Enough
There are programs that are helping women become more active in financial investments. Organizations like Girls Who Invest are opening the doors of Wall Street to women by transforming the asset management industry and bringing them into portfolio management and leadership. The organization’s goals, as represented on their website, are 30 by 30: to have 30% of the worlds investable capital managed by women by 2030.
