We need inclusivity and marketplace standards in fintech to ensure that equity and financial security is being prioritized in the development, pricing, and marketing of new products.
Fintech providers need to learn from practitioners working with their target audiences, and practitioners need to integrate financial coaching + fintech solutions into their service models to introduce equitable solutions to their clients.
Policymakers and regulators have an important role to play in expanding financial security opportunities and protecting consumers from harm.
Prioritizing financial security isn’t new to Change Machine. For nearly 20 years, we’ve been refining our approach, ensuring that the goals of the organizations and their clients remain the driving force behind our financial coaching efforts, with their unique goals guiding every step.
We know from building our own fintech platform that in order to scale and sustain the delivery of equitable fintech products we need to bridge the gaps between fintech providers, financial institutions, and other key stakeholders.
And because we’ve worked at the intersection of financial coaching, technology development, and public policy, we’re uniquely positioned to equip these groups with the knowledge and information they need to truly prioritize financial security and move beyond access alone.
It’s time for all of us – fintech providers, practitioners, nonprofits, policymakers – to aim beyond “financial inclusion and access” and set our sights on a new goalpost: Financial Security. This is what the #TechForEquity movement is all about.
Together, we can achieve a future where fintech helps everyone build financial security. Learn more about #TechForEquity funding opportunities by emailing [email protected] or schedule an intro call.
Empowering organizations to deliver lasting financial security to all.
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