#GAReads | Fintechs Founded by Women Are Better Investments, KPMG Finds
photo credit: Jonas Leupe, via Unsplash
“Fintechs Founded by Women Are Better Investments, KPMG Finds”:
Fintech firms with female founders are better investments.
That’s the conclusion from KPMG, which surveyed 91 financial-technology companies in the U.K., including nine where at least one founder was a woman. The report, published Friday, showed that firms with a female founder have more than double the internal rate of return on average than peers where the initial entrepreneurs were all male.