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Advice for Aspiring Women in Fintech with ACI Worldwide, Guideline, Taulia and More

October 30, 2022
in Fintech
Reading Time: 6 mins read

in October this year Fintech Times All the amazing women working in the fintech industry. Women still form only about 30% of the workforce, so it’s important to shine a spotlight on those working to make a difference and pave the way for them to follow. Some influential women in the fintech industry offer advice to aspiring women in the field.

Now that we’ve talked about how women in fintech are breaking the ‘glass ceiling’, we turn our attention to advice for women looking to do the same.here Nabanita Roy, money Liu, Darcy Douglas When Jane Podvelskaya Share your advice for aspiring women in the fintech industry.

Nabanita Roy, Data Scientist at Real-Time Payment Solutions Provider ACI Worldwide
Navanita Roy
Nabanita Roy, Data Scientist, ACI Worldwide

Recognizing the impact that the acceleration of digital transformation and artificial intelligence (AI)-based solutions has had on many emerging areas of fintech, Roy said, “There is something for everyone interested in this sector. , and that you don’t have to. I have a financial background to work in fintech.

Reflecting on her own career journey, she revealed that her master’s degree was actually in computer science, but said, “What led me to a growing and thriving role in the fintech world was my It was a development of her interests,” she continues.

Roy cites drive and curiosity as key factors for success in such a rapidly changing industry, stating, “Being open to learning new things helps you stay ahead of the game.” added.

I encourage you to identify and reflect on your strengths and be open to learning from your mistakes, she continues. She emphasizes the importance of her self-reflection to personal and professional growth.

“It’s all about understanding and making decisions about what you want out of your life and career.”

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Roy understands that the vast world of fintech is by no means an easy map to navigate, and even more difficult for newcomers to the space.

If you are looking to move into a new sector, especially in fintech, the question will almost certainly arise. It is important to use all the resources at your disposal.

Simply put, Roy puts women at ease.

She recommends looking for books, online resources, and a bottomless knowledge pool of experts for tips.

If you have the opportunity, having a mentor is important at every stage of your career, not just mentoring and setting an example, comments Roy.

Creating a network that you can tap into for support and knowledge is very important and helps you immerse yourself in the fintech world.

Qian Liu, Chief Data Officer at Guideline, a platform for small business retirement
Qian Liu, Chief Data Officer, Guideline
Qian Liu, Chief Data Officer, Guideline

For Liu, fintech is a technology that must be perfected, stressing that “the fastest way to overcome the barriers that women and minorities are disproportionately facing is to excel at work.” doing.

Despite the gender representation gap, she emphasizes why it’s important to “stay in the game.”

It can be lonely to be one of the few, and it can feel overwhelming to balance career and family responsibilities, adds Liu.

Harness the strength of your resilience and never give up. Playing the long game opens doors. Please level out.”

Darcy Douglas, Vice President of Global Program Management at Taulia, a working capital solutions provider
Darcy Douglas, Vice President of Global Program Management at Taulia, a working capital solutions provider
Darcy Douglas, Vice President of Global Program Management, Taulia

Douglas’ number one piece of advice for women in fintech is “don’t limit yourself.”

“Often, we don’t think we have the talent, the skills, or the confidence to think bigger, so we don’t try to do more,” she explains.

Echoing Roy’s thoughts, Douglas also recognizes the importance of good mentorship, adding: Your ability to do more.

She encourages all women to think big, set big goals, write down what they want to achieve, and share it with others. Get rid of these limiting beliefs and you will definitely get there or get there!

Douglas continues: I looked at the people on the executive team and thought they didn’t have the qualities needed to get there.

My mentor helped me learn what it takes to be an executive, and I quickly realized I was doing a lot of the things executives do. It removed my stubborn beliefs and gave me the confidence to move on to the next promotion.

Jane Podbelskaya, Principal at Information Venture Partners, a Canadian venture capital firm specializing in direct and fund-of-fund investments in fintechs
Information Venture Partners Principal Jane Podbelskaya
Jane Podbelskaya, Principal, Information Venture Partners

If you are considering entering the fintech industry, Podbelskaya advises, For now, you have to understand the reality that this is still a male-dominated environment.

Developing this view, she said, “There are deliberate efforts to increase the diversity of FI and fintech teams, but evolution will take time as newly hired women move up the ranks.” prize.”

Recognizing that diversity is more valued these days, Podbelskaya is optimistic that this will lead to “more opportunities for women to enter the field.”

“Don’t be afraid to apply for industry jobs,” she adds.

If you want to start a fintech company or be an executive in a fintech company, understand that there are long-standing biases that can work against you, Podvelskaya said. commented, citing fundraising as an example of these biases in action.

However, many funds are making deliberate efforts to improve portfolio diversity and overcome biases, she continues.

It can be good (more women-focused support, funding and mentorship opportunities, including funds like StandUp Ventures) and bad (the bias still exists). .

Be persistent and seek out these funds and opportunities and leverage your suggestions.

If you are a woman in fintech, I encourage you to find or start a community of women in fintech in your area. It will always be precious.

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