The Canadian Lenders Association is part of a dynamic ecosystem servicing next-gen financial services in Canada. CanadianFinTech.org is a group of fintech-forward associations that meets regularly to talk and share ideas and trends impacting the future of lending and other financial services.
Diversity, Equity & Inclusion in FinTech
Canadian FinTech is spearheading a diversity, equity and inclusion initiative across all FinTech Sectors in Canada. Financial services companies are seeing an average 2-4% revenue growth per 1% increase in diversity. This imbalance needs to be righted.
The business case for diversity in FinTech is clear: inclusive companies are better able to attract talent, tap into new markets and create innovative products.
However, DEI needs to go beyond checking a box. The industry needs to apply the same innovative thinking and commitment to solving the problem of DEI as we do with our products and services. We need to make a concerted and conscious effort to change the balance of visible inequity in the sector with the entrepreneur vigor that we build our companies to transform the financial industry.
To get involved, contact Dean Velentzas at dean@canadian lenders.org