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Female Fintech Leaders Talk International Women’s Day 2022

New York Tech Editorial Team by New York Tech Editorial Team
March 8, 2022
in FinTech
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Female Fintech Leaders Talk International Women’s Day 2022
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On ‘breaking the bias’ 

Chi Eun Lee, EVP & Chief of Staff and [email protected]Paysafe Executive Sponsor

“To break the bias, we need to know it. We need to become more sensitive to not only the known, obvious biases but also the subtle ones that we aren’t aware of, which limit women from reaching their full potential. I hope we get smarter about these hidden biases!”

Rachel McShane, CFO of Digital Wallets

“As an industry, if we want to develop and retain female talent, we need to get better at enabling a work-life balance which allows you to be a parent AND have a seat at the table. If the pandemic has taught us one thing about flexible working, it is that it can be more productive and by no means you are doing any less of the job, if anything you are doing more.”

Carla McDonald, director of product management, claims, LexisNexis Risk Solutions, Insurance, UK and Ireland 

It is a reminder that despite how far we have come, bias still exists and that it is on all of us to ensure that we help change that in any way we can to ensure people are treated fairly, without discrimination, and given opportunities to succeed. 

On female leadership in fintech and insurtech

Alexa Grellet, Co-Founder & Commercial Director at HR DataHub

“One thing that I think would greatly move the needle for women in the workplace would be for organisations to invest significantly and systematically in leadership programs for women. For the programs to be effective, they have to be intersectional by nature, both on the participant side and the manager/mentor/leader side. Due to the historical lack of women in leadership positions, most women won’t have had a female manager or leader in their working lives. This makes it really hard to get a point of reference, or a model to emulate, and often results in a lonely journey for new women leaders. I think that if women had better access to development programs, they would feel more supported in exploring their leadership potential in a conscious and healthy way. Not every woman aspires to be a leader, but every woman benefits from having a great female leader.”

On highlighting DEI

Katharine Wooller is the MD Dacxi, the UK’s leading crypto wealth platform, and an entrepreneur who has launched three successful fintech startups

“International Women’s Day is hugely important for shining a spotlight on diversity and inclusion.  Too long banking and fintech has been a male-dominated industry; I’ve worked in 95% male teams for much of my career!  It seems madness to me to ignore 50% of the population, so we need genuine reflection on the barriers to such a wealth of female talent entering in the industry, and then of course retaining that talent. 

On driving change 

Nadia Edwards, co-founder of the Harrington Starr Group, a leading, London-based fintech recruiter

“The long-lasting effects of International Women’s Day are about what happens when all the celebrations die down. We need to drive the equality mission forward for long after that one day.

To do that, we need to firstly raise awareness of the inequity, cement the acknowledgment then recruit allies and advocates to help drive change. Everyone needs to be part of that mission every single day of the year.”

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