How Empowering Women through Financial Technology Benefits Us All

Over the last decade, great strides have been made toward achieving financial inclusion on a global scale, providing underserved populations with better options to manage their finances in safe and convenient ways. One demographic that has seen exponential growth as a result of this trend is women.

Advancements in the financial sector have led to women representing 40 percent of the global workforce and more than half of the world’s university students. Women also produce half of the world’s food and control an estimated $20 trillion in consumer spending. Once thought to be unfit as financial managers, banks are now recognizing how women’s roles have shifted and that providing them with equitable access to financial services benefits society at large.

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