Celebrating Women in Fintech: Insights and Advice from Industry Leaders

This October, The Fintech Times shines a spotlight on the incredible women making waves in the fintech industry. Despite women comprising only about 30% of the workforce in this sector, their contributions are pivotal in shaping the future of finance. As we explore the journeys of influential women in fintech, we also gather their invaluable advice for aspiring professionals eager to break through barriers and forge their own paths.

Nabanita Roy: Embracing Curiosity and Learning

Nabanita Roy, a data scientist at ACI Worldwide, emphasizes the transformative power of digital innovation and artificial intelligence in fintech. She reassures aspiring professionals that a finance background is not a prerequisite for success in this field. With a Master’s degree in computer science, Roy’s journey into fintech was fueled by her evolving interests.

“Drive and curiosity are essential,” she notes, encouraging newcomers to remain open to learning. Roy stresses the importance of self-reflection, advising women to identify their strengths and learn from their mistakes. “Understanding what you want from your life and career is crucial,” she adds.

Navigating the complexities of fintech can be daunting, but Roy encourages women to leverage available resources. “If you’re unsure or stuck, ask someone,” she advises, highlighting the value of mentorship and building a supportive network.

Qian Liu: Resilience and Empowerment

Qian Liu, the chief data officer at Guideline, believes that excelling in one’s role is the most effective way to overcome the challenges faced by women and minorities in fintech. She acknowledges the loneliness that can accompany being one of the few women in the room but urges perseverance.

“Draw on your strength of resiliency and do not give up,” Liu advises. She emphasizes the importance of playing the long game and, once in a leadership position, empowering other women to level the playing field. “When you become a leader, lift up the sisters behind you,” she encourages.

Darcy Douglas: Breaking Limiting Beliefs

Darcy Douglas, vice president of global program management at Taulia, encourages women to “not limit yourself.” She believes that many women underestimate their potential, often thinking they lack the skills or confidence to aim higher.

Douglas shares her own experience of overcoming self-doubt with the help of a mentor. “Talk about those limiting beliefs with a friend or mentor,” she suggests. “You’ll find that most of them are just in your mind.” She advocates for setting ambitious goals and sharing them with others to foster accountability and support.

Jane Podbelskaya: Navigating a Male-Dominated Landscape

Jane Podbelskaya, principal at Information Venture Partners, acknowledges the male-dominated nature of the fintech industry but remains optimistic about the increasing focus on diversity. She advises aspiring professionals to embrace the reality of the current landscape while recognizing the gradual changes taking place.

“Don’t be afraid to apply for jobs in the industry,” Podbelskaya encourages. She points out that while biases exist, many funds are actively working to improve diversity. “Be persistent,” she advises, urging women to seek out opportunities and support networks tailored to their needs.

Building a Community of Support

The insights shared by these remarkable women underscore the importance of resilience, mentorship, and community in the fintech sector. As the industry continues to evolve, the contributions of women will play a crucial role in shaping its future. By supporting one another and sharing knowledge, women in fintech can create a more inclusive and equitable environment for all.

As we celebrate the achievements of women in fintech this October, let us remember that the journey is ongoing. The advice and experiences shared by these leaders serve as a beacon for aspiring professionals, illuminating the path toward a more diverse and dynamic industry.