| Female-led investment platform Anthemis has raised more than $700 million, and has channeled its funds into companies that track with its vision for diversity and inclusion—23% of Anthemis' portfolio companies are founded by women, while 39% are led by women or executives who are Black, Indigenous, or people of color. This is significant, as "without diverse leadership, women are 20% less likely than straight white men to have their ideas endorsed," per a recent HBR study.
Women continue to demonstrate their value in the fintech industry. For instance, "Female entrepreneurs generate 20% more revenues than their male counterparts, despite receiving 50% less venture capital funding," according to Forbes. However, as gender biases persist and hinder women's advancement, this can cost companies market opportunities. Looking ahead, diverse thinking will be critical to understand the needs of unmet markets and ensure that solutions reflect the barriers that female leaders face. | |
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