Future Finance
Fintechs Founded by Women Are Better Investments, KPMG Finds
This article is for subscribers only.
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.