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Home Banking Laws

Fintechs Are Even More Male Than Banks They’re Aiming to Topple

by Staff
June 7, 2022
in Banking Laws
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June 7, 2022, 8:32 AM

  • Men outnumber women by 2-to-1 in UK fintechs, report says
  • Industry should engage with female students on career paths

The UK’s fintech industry must attract more women to its workforce and create a more inclusive environment in the fight for talent, according to new research that shows the burgeoning sector has less gender diversity than the broader finance industry.

Male workers currently outnumber females 2-to-1 in the UK fintech industry, trade body Innovate Finance and consulting firm EY said in a report, citing Tech Nation, a network for entrepreneurs. Women made up 44% of the wider finance sector’s overall workforce in 2019, according to Catalyst, a nonprofit advocating for more women-friendly workplaces.

The report also said that …

Leonard Kehnscherper

Leonard Kehnscherper

Bloomberg News

© 2022 The Bureau of National Affairs, Inc.

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