In an effort to foster gender inclusivity within the Financial Services and Fintech industries, Money20/20 will launch Rise Up during the Money20/20 USA event in Las Vegas. Rise Up is a brand new, annual program designed to empower the next generation of female leaders through actionable skills, tools, and learnings in order to take their careers to the next level.
A cohort of 30 women will be hand-chosen to take part, complete with a series of bespoke content sessions and exclusive networking opportunities. These participants will have one-to-one mentoring with the most respected industry leaders and private sessions with keynote speakers. The Rise Up program will run throughout the event’s four days alongside regular event programming.
“As the home of the Money Revolution, Money20/20 will unite every sector of our diverse ecosystem to create a simpler, fairer and faster financial system for both individuals and businesses – a task only achieved with the power of inclusivity on our side,” said Money20/20 president Tracey Davies. “Not only will Rise Up bring these women the tools to empower them to grow, but will also serve as a platform to inspire others to create actionable plans for inclusion and empowerment within our industry.”
Rise Up was created in partnership with Wnet (Women’s Network in Electronic Transactions), a professional organization for women in payments. To ensure the program meets the needs of women across all sectors of the ecosystem Money20/20 received the guidance of an advisory group of senior female leaders, including Wnet’s Lisl Dutterer, IRC Advisory’s Kirsten Trusko, Ant Financial’s Carol Grunberg, PayPal’s Louise Pentland, TSYS’ Theresa Gongora, Kabbage’s Kathryn Petralia and Accenture’s Paula O’Reilly. This group will help select the 2018 participants, and offer mentorship and insights throughout the program.
“The Rise Up program comes at a perfect time and in many ways embodies the true potential of fintech: to create an even playing field where every person and every business has the same opportunities,” Ms. Pentland said. “I’m honored to lend my voice to this program and join other extraordinary women on the advisory board.”
The program is dedicated to supporting women onto the next phase of their career, whether it be increased seniority or hitting a goal. Participants will be selected from across the financial ecosystem, in an effort to highlight Money20/20’s core purpose of bringing the industry together to create the future of money.
Money20/20 said it believes inclusivity is a strategic imperative that will drive both businesses and the broader financial industry forward. Research from McKinsey & Co. found firms in the top quartile for gender diversity are 21 per cent more likely to experience above-average profitability than those in the bottom quartile, demonstrating the strong and lasting impact of an inclusive environment.
All women in the financial services, fintech, and payments industries are encouraged to apply to take part, and to attend this year’s event to gain insightful learnings, discover bold disruptions and make strong connections. Applications close on Aug. 31, 2018. Money20/20 USA will take place on October 21-24, 2018.