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Girls’s World Banking Declares Inaugural Winner of the Fintech Innovation Problem Feminine Founder Award

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This award acknowledges the rising management of girls in fintech and their influence in advancing gender equality

NEW YORK — September 27, 2021 – Girls’s World Banking at present introduced Alexa Varsavsky, CEO and head of product, and Isabel Oriol, COO and head of enterprise improvement, at ADA Impacto, because the inaugural recipient of the Feminine Founder Award, launched this 12 months as a brand new honor as a part of its annual Fintech Innovation Problem. Recognizing feminine leaders within the fast-growing monetary know-how sector, this award honors feminine founders whose organizations qualify for the Fintech Innovation Problem, and who’ve demonstrated exemplary management in constructing an inclusive office and advancing ladies’s monetary inclusion.

“We’re thrilled to call Alexa Varsavsky and Isabel Oriol of ADA Impacto because the first-ever winners of the Feminine Founder Award. By their mission-driven management, Alexa and Isabel should not solely steering fintech innovation, but in addition paving the best way for different feminine leaders in a predominantly male-dominated sector,” mentioned Mary Ellen Iskenderian, the President & CEO of Girls’s World Banking. “By spotlighting their entrepreneurial journey, accomplishments and challenges, we hope to offer an interesting and insightful studying alternative for all ladies in fintech, each present and aspiring.”

ADA Impacto, co-founded by Alexa Varsavsky and Isabel Oriol, seeks to propel unbanked ladies in Mexico—and ultimately all of Latin America—into the monetary system by means of an alternate credit score scoring course of using WhatsApp. By a mix of bot-based know-how and human connection, ADA Impacto collects info to develop a digital various credit score rating that enables ladies entry to loans or monetary companies. ADA Impacto additional empowers ladies by way of a digital monetary companion, offering monetary schooling and emotional help, which in flip improves ladies’s credit score scores.

FFA Winners social
Alexa Varsavsky & Isabel Oriol

Alexa Varsavsky and Isabel Oriol had been chosen from amongst 4 different ladies founder finalists: Rosalia Gitau, Bixie PTE Restricted; Sofie Blakstad, hiveonline; Lucinda Revell, Increase Capital; and Kayee Au, Mosabi.

“Whereas fintechs have emerged as game-changers in driving ladies’s monetary inclusion, a lot work stays when it comes to attaining gender equality inside these establishments. Males proceed to make up the overwhelming majority of worldwide fintech founders, leaving ladies underrepresented at simply 7% of the whole,” mentioned Angélica Fuentes, Founding father of Muvop and member of the Feminine Founder Award Jury. “That mentioned, we’re heartened by the spectacular pool of candidates for the Feminine Founder Award, all of whom are on the forefront and way forward for inclusive fintech innovation. As they work to reshape the business and shut the gender hole, we sit up for their future success and contributions to business inclusivity.”

Along with Iskenderian and Fuentes, the distinguished Feminine Founder Award Jury included Carmen Busquets, co-founder and founding investor, Web-A-Porter; Carol Caruso, CEO and co-founder, Bloom Influence; Alison Davis, managing accomplice, Fifth Period; and Jennifer McFarlane, accomplice, Asterra Companions.

Because the winners of the Feminine Founder Award, Alexa and Isabel will obtain a 1:1 advertising and PR technique seek the advice of with Anthemis, a number one fintech funding platform. Moreover, they are going to be featured in a hearth chat on the Fintech Innovation Problem occasion, which is able to happen just about on October 12.

The winners of the third annual Fintech Innovation Problem may also be introduced on October 12. For additional info on the occasion, please go to the web site.

The Making Finance Work for Girls Fintech Innovation Problem is sponsored by the Invoice & Melinda Gates Basis (Main Sponsor), Ernst & Younger LLP (EY US and Advancing Sponsor) and Novi (Supporting Sponsor), with prizes supplied by Visa Inc. and the NYU College of Skilled Research. Girls’s World Banking’s core funders are Australia’s Division of Overseas Affairs and Commerce (DFAT), the Swedish Worldwide Growth Cooperation Company (SIDA) and the Visa Basis.

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About Girls’s World Banking

Girls’s World Banking designs and invests in monetary options, establishments, and coverage environments in rising markets to create larger financial stability and prosperity for ladies, their households, and their communities. With a world attain of 57 companions in 32 nations serving greater than 69 million ladies shoppers, Girls’s World Banking drives influence by means of its scalable, market-driven options; gender lens non-public fairness fund; and management and variety applications. To be taught extra about Girls’s World Banking, go to womensworldbanking.org.

 

Contact:
Conrad Jarzebowski
Director of Communications & Advertising
[email protected]

Chelsea Bennington
Digital Advertising & Engagement Specialist
[email protected]

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