A Fintech Equality Coalition has been launched by FinTech industry leaders.
In Brief:
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The coalition was launched last week to fight inequality within the industry and society.
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It will particularly focus on supporting the Black community.
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Enhancing access to financial services will be a priority as well as job and career advancement.
What does this mean?
The Coalition recognises that the Black community is underserved by financial services so will try to solve this problem through partnerships, education, outreach and support of Black-owned businesses. It’s spearheaded by Betterment and includes FinTech giants like Monzo.
