Climate Fintech Flourishes Under Female Leadership

Imagine an industry where women are not just participants, but pioneers forging paths towards technological advancements and sustainability. This scenario isn’t a distant dream but today’s reality in the climate fintech sector.

Recent findings from Tenity’s 2024 Global Climate Fintech Report illuminate a significant trend: companies with at least one woman founder or CEO secured over half of the funding in pre-Series B rounds during 2022-2023.

This figure stands in stark contrast to the broader fintech landscape, where women-led companies typically receive only 3.4% of venture funding.

What’s even more striking is the role of female entrepreneurs in the area of climate fintechs. They have co-founded or led one-third of all these innovative firms. This proportion increased to a remarkable 45% for companies initiated in 2023.

Read more at: https://fintechmagazine.com/articles/tenity-women-breaking-through-in-climate-fintech

Leave a comment