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Women in Fintech

It is estimated that India is one of the largest growing FinTech sector globally. India has a large pool of mobile and biometric data that is the driving factor towards the FInTech growth in India. The objective of Community is-to builds future women leaders by engaging, enabling and employing them. WiT is achieving this through various industry partnerships that share the common agenda of building a Diverse and Inclusive workplace. We, at WiT, created Women in FinTech Community which is a platform for women to engage in discussions happening in the FinTech sector. The Community will help women in exploring job opportunities in the FinTech sector, participate in Bootcamps and Hackathons, up-skill themselves with the current technology trends, build peer support through community and interact with the leaders of FinTech Sector.
(This is an all women community)

Current Trends in Women in Fintech

Upcoming Trends in FinTech for 2020
Since the commencement of National Payments Corporation (NPCI) in 2008, the Indian BFSI industry is on an upward growth trajectory. While the November 2016 demonetisation .. Read More
Upcoming Technological Trend In FinTech
Fintech is the synthesis of technology and finance and the harmonic combination of two of the largest industries into a single field. Naturally, its impact is enormous. If five years ago, fintech solutions were Read More

Did You Know

Women make up 40% of the world’s workforce, according to the World Bank. Yet, the technology field is notoriously male-dominated at all levels – Considerably worse than in non-technology industries
– As reported by Payscale
Only 21% of executives in tech are women – This despite evidence that more women lead to greater innovation and enhanced profitability
The two biggest barriers women say they face in the technology workplace are lack of mentors (48%) and lack of female role models (42%) ,gender bias at workplace, unequal growth opportunities and unequal pay for same skills
93% girls surveyed in India between 12 to 14-years consider Science, Technology, Engineering and Mathematics (STEM) related careers early on. However, 38% Indian teenage girls believe that they are ‘less likely’ to take up STEM because the industry is ‘male-dominated’ and many others drop out before reaching leadership levels
In the 2016–17, colleges approved by the All India Council for Technical Education (AICTE) enrolled 717,506 undergraduate students – 33.7% were female. Women represented 28.1% of participants in Bachelor of Engineering and Bachelor of Technology degree (Research 2018; India Under Graduate Education, data as per MHRD 2016-2017)
Indian technology industry has 26% women in engineering roles
Nearly 50% women engineers quit technology
Only 7% women reach the C-Suite Source: Nasscom Report 2017
1.5 million IT engineers pass out each year in India through over 3400+ engineering colleges peppered across the country. Statistics place employable numbers from these graduates at a mere 7%.