DIVERSITY
Innovation and disruption in fintech are occurring in conjunction with increased diversity and more women in the boardrooms
WRITTEN BY : JOANNA ENGLAND
NG
This month , the world celebrates International Women ’ s Day 2023 . And it ' s easy to wonder what all the fuss is about . After all , women are a force to be reckoned with – not only as prominent political leaders , but as scientists , astronauts , professors , and captains of industry , too …
Well , if only it were that simple . According to recent studies , despite the numerous opportunities offered to women over the past five decades , which have wrought huge changes both in society and the business world , we don ’ t quite have the same established seat at the table as our male counterparts .
Things aren ’ t as diverse as we think they are Indeed , a new report by The Reykjavik Index found that as many as 1 in 10 respondents felt uncomfortable about having a female CEO .
Similarly , Trachet – a female-led business advisory consultancy – commissioned a landmark study of the UK business market , which found that 28 % of women in Britain believe investors won ' t consider them as a viable investment opportunity simply due to their gender .
Women account for 1 in 3 entrepreneurs in Britain , yet data shows that only 16 % of all equity finance is raised by female business owners . Furthermore , the Reykjavik Index for Leadership ( which surveys all G7 nations ) found that in the current climate , trust for women in positions of power has actually decreased .
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