I'm the founder & CEO of the Fintech Is Femme newsletter and author of the book: Fintech Feminists: Increasing Inclusion, Redefining Innovation, and Changing the Future for Women Around the World. With over 50,000 readers, I was also deemed one of the most inspiring women in the fintech industry in 2022.
Catering fintech products to women is a savvy business strategy that can propel your company ahead of the competition.
For a monthly subscription, Ellevest offers automated investing, retirement planning, workshops, and a special service for high-net-worth clients. With a leadership team composed of 84% women and 50% people of color, according to the company’s website, Ellevest significantly deviates from fintech industry norms. The firm manages overin assets and celebrated its success by ringing the opening bell at the New York Stock Exchange in March 2024. Over 3 million women are part of its network.
Alinea is introducing a subscription model for $120 a year and is diving into the AI market with a new financial adviser to boost their stock recommendation system. This new feature aims to give personalized investment advice, making it even easier for young investors to get started.Co-founded by Chief Operating Officer Andrea Martin Inokon, Cadence Cash aims to close the $100 billion credit gap for women and diverse entrepreneurs.
Frich generates revenue by connecting financial institutions, like credit unions, with young users and company materials boast about the fintech having over 65% female users.In 2020, Dana Wilson founded CHIP, which stands for Changing How Individuals Prosper, a financial services marketplace that connects individuals and small businesses with financial professionals of color..
The platform offers memberships to corporations for their employees and has partnerships with 16 corporate partners. About 70% of the platform’s users are women, according to the company’s own statements.Plenty is a wealth platform designed for couples. It was created in 2022 by Emily Luk and her husband, Channing Allen. Plenty allows couples to view shared and individual assets, track spending, and invest toward common goals.
The platform evaluates eligibility at the application stage. It provides applicants with valuable guidance, insights, industry benchmarks, and financial ratios to help them build confidence and readiness, ultimately increasing their chances of loan approval. Parlay's user base consists of over 40% women, according to company statements.
The platform encourages women to control their financial identity data, allowing them to connect with trusted advisors who provide tailored support aligned with their evolving needs and values. By focusing on personalized solutions rather than selling products, Knomee transforms money into a tool for self-expression and aligns financial planning with women's aspirations.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Using fintech apps, debit cards to teach kids money fundamentalsAn app called BusyKids allows children to gain experience with money before reality smacks them in the face. It's another option for payment alternatives.
Read more »
Marvel Just Created Blade's Perfect MCU Team: Meet The All-Women BLOOD HUNTERSA product of the 1990s boom in comic book content, Chris Miller has been a lifelong fan of Marvel Comics and an avid consumer of all comic media. After graduating from college in 2019, Chris began working in academia and entertainment. After the emergence of COVID-19, he met his future wife, and the trajectory of his life completely changed.
Read more »
2 women abused by Sandy man they met on dating apps speak outTwo victims of a man who sexually abused women he met on dating apps are speaking out. They hope to prevent others from being victims and to encourage other victims to step forward.
Read more »
Erasing women: Olympic women’s boxing, US passports and Biden-Harris’ Title IX changesTen federal courts have temporarily blocked the Biden-Harris Title IX rule in all 26 states that sued, declaring the rewrite illegal executive overreach.
Read more »
The Conservative Outrage Over Women's Boxing Will Only Endanger More Women AthletesThe strongest argument to protect women's sports has always been the suggestion of agreed upon, objective, and consistent criteria.
Read more »
White women 'less confident about their bodies' than other women, study claimsToday's Video Headlines
Read more »