The Power of FinTech: Creating a More Sustainable and Inclusive World for All

Madelyn Smitham
11 Jan 2022
5 min read

Financial services form an integral part of our lives, yet there are still barriers and challenges for many when it comes to accessing simple financial products and services.

Over the years, FinTech entrepreneurs, founders, innovators, and change-makers have proven that by harnessing the powers of technology, innovation in financial services can act as an enabler to create a more inclusive and diverse global society and workforce.

And it doesn’t stop there. Not only has the FinTech sector been a key driver and champion of diversity and inclusion,  but it also understands the power that the industry has when it comes to the wider ESG agenda.

While the overall impact of financial services on the environment can be both wide-reaching and hard to accurately measure, the FinTech and financial services sector has the opportunity to take a position of global leadership, and to create plans, processes, and policies that will shape the future to come. If we don’t take action now, the cost of inaction will be far greater.

Furthermore, the cost of living crisis has drawn into focus the need for our financial systems to better equip the increasing numbers of the vulnerable. With more households running deficit budgets, we can be certain of a huge increase in late payments, mounting arrears and bad debts that will drastically change the personal finances of millions for years to come. How financial services responds to this will be key to how our society develops into the future.

We are embarking on the second edition of ‘FinTech as a Force For Good: an Innovate Finance Forum’ this year, showcasing the power the sector has in creating real change, right now.

Join us as we welcome FinTech founders, financial services institutions, policy-makers and regulators, NPOs and NGOs, professional services firms, investors, and international hubs for a one-day impact summit.

Senior leaders from across the industry will discuss and debate key problem areas facing society and develop an action plan with tangible outputs that showcase how the sector can help create and support a  fairer, greener, and more sustainable world for all.

Madelyn Smitham

Recently Published Article

Blog title heading will go here

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros.

Blog title heading will go here

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros.

The Power of FinTech: Creating a More Sustainable and Inclusive World for All

Financial services form an integral part of our lives, yet there are still barriers and challenges for many when it comes to accessing simple financial products and services.

How developing entrepreneurial leaders can help you keep your top talent

How developing entrepreneurial leaders can help you keep your top talent

The triple D effect is key to inclusion in future

Diversity of data and innovative digital tech will create more sustainable business models, says Blake