Fujn’s News of the Week #10 starts with:
Biden signs executive order aimed at helping women travel for abortion
Investment into female founded UK fintechs drops 66% in H1’22
According to data from Innovate Finance and PitchBook, the investment into UK fintechs, with either a female founder or co-founder, declined 66% between H1’21 and H1’22. In H1’22, the UK female-led fintechs received an investment of £376 million across 20 deals. This compares to £1.1 billion received across 32 deals in H1’21. At the same time, the amount invested into UK fintechs founded by men rose 40% in H1’22. As a result, the female-led fintechs made up only 4% of the total investments in UK fintechs, down from 15% in H1’21.
To read more, click the link here https://www.bloomberg.com/news/articles/2022-08-02/funding-disparity-widens-for-uk-female-fintech-founders-in-2022
Tech companies, Binance labs, SCB10X and Robocash appoint Women CEOs
Three Asian companies have recently appointed female CEOs to spearhead their operations. This include Binance Labs, the investment unit of crypto exchange giant Binance, SCB10X, the venture capital arm of Thai conglomerate SCBX and Singapore based fintech company Robocash.
To know more, read the article here https://www.dealstreetasia.com/stories/binance-labs-scb10x-robocash-female-ceos-302856
Curated by Ekta Bhatia
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