Fintech

Innovate Finance launches the second Pride in the FinTech Powerlist

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Innovate Finance, the industry body for UK FinTech, has launched its second Pride in FinTech Powerlist 2024.

The initiative, supported by Google and Zopa Bank, is part of Innovate Finance’s ongoing commitment to supporting diversity in the UK FinTech and financial services sector. Celebrate the positive impact members of the LGBTQIA+ community are having in promoting a more inclusive, more democratic and more transparent financial services industry for all.

Through the Pride in FinTech initiative, Innovate Finance is working to create a safe space for the LGBTQIA+ community and inspire future generations of the industry.

Innovate Finance urges all members of the LGBTQ+ community working in FinTech and financial services to share their stories, defining moments and experiences that have shaped not just their career paths, but their personal lives.

Nominations are open until September 30, 2024, and the full list and stories will be announced later this fall. This is not a judged list: it is a celebration of all those individuals who want to share their positive contribution to creating a more inclusive and democratic financial services sector and who self-select into the list.

The 2024 version of the list follows the success of last year’s inaugural version, which attracted contributions from team members at companies including Monzo, Starling, Thought Machine, Zopa, Wise, Alloy, ClearBank and many more.

Later in the year, Innovate Finance – in partnership with Zopa Bank – will publish key findings from the first Pride in FinTech Barometer 2024, aiming to provide insight into how LGBTQIA+ inclusive FinTech companies are and key recommendations to further improve the diversity in the sector.

Janine Hirt, CEO of Innovate Finance, said: “As part of Innovate Finance’s ongoing commitment to promoting greater diversity and inclusion in our FinTech ecosystem, we are thrilled to announce our second annual Pride in FinTech Powerlist, celebrating the incredible work, achievements, and impact of members of the LGBTQIA+ community who are driving positive change in financial services. Our hope is that this Powerlist helps share the stories of these individuals who inspire current and future generations.”

Lou Smith, president of Innovate Finance, said: “We are thrilled to launch our second Pride in FinTech 2024 to celebrate and recognize the LGBTQIA+ community in the FinTech sector. Further action is needed to promote diversity and inclusion in the sector, and Pride in FinTech will help us highlight the diverse voices in UK FinTech. At Innovate Finance, we recognize the importance of our members and the people we serve, and the results of our first Pride in FinTech Barometer will help us identify what more we need to do as industry leaders to ensure further inclusivity in our industry.”

Iain Anderson, non-executive director of Innovate Finance, said:We know that the FinTech sector is at the forefront of transforming society, so I’m really excited that Innovate Finance is ready to celebrate LGBTQ fintech leaders doing just that”

Jeremy Goro, Head of FS Strategy & Partnerships, UK at Google, said: “In addition to Google’s long-standing commitment to supporting, celebrating and elevating LGBTQ+ voices and communities, I’m thrilled to be sponsoring Pride in FinTech Powerlist Innovate Finance and I look forward to seeing the continued impact it will have in further diversifying the FinTech ecosystem and contributing to our collective journey to learn, grow and find Pride together, every day of the year.”

Lucas Germanos, VP Communications and Foreign Affairs at Zopa Bank, said: “We are excited to see the 2024 Powerlist come to life and look forward to the results of the inaugural Pride in FinTech barometer, the first industry survey designed to track real progress what our industry is doing toward its diversity goals. With nearly 50% female representation in our leadership team and 44 countries represented in our workforce, at Zopa we want to foster an inclusive ecosystem where everyone can thrive. Embracing diversity not only enriches workplace culture, but also spurs innovation and growth by bringing diverse perspectives to the table to better serve our diverse customer base.”

Kim Nguyen, VP People at Alloy: “Innovate Finance’s Pride in FinTech powerlist is a powerful celebration of the supportive community of LGBTQ+ professionals and allies within the fintech sector, helping to drive broad transformative change towards inclusivity across the industry at a time when change is desperately needed.”

Source: Innovare Fintech

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