Written by Lisa Frazier, Executive Vice President , Head of Innovation, at Wells Fargo

At Wells Fargo, through the Wells Fargo Startup Accelerator, we are constantly collaborating with emerging FinTech companies with unique, compelling solutions to explore and help scale their big ideas. FinTechs bring to the table a laser focus on a specific solution, and we bring 167 years of customer experience.

We believe strongly in these opportunities and recognize they work best when everyone has a seat at the table. Women, for instance, make up 57% of the U.S. workforce, but just 20% of the tech jobs. What’s more staggering is that only 5% of startups are women-owned. It’s time to close that gap. According to a 2019 Boston Consulting Group study, women-founded companies deliver more than twice as much revenue per dollar invested than those funded by men. That’s why we are so proud to be working alongside Springboard and Quesnay to help hardworking women entrepreneurs showcase their big ideas.

Pioneering the future of finance includes raising awareness, funding, and mentoring women-led startups so they have the tools and resources to succeed and scale their ideas. November 24 is the closing date for Quesnay Female Founders in FinTech competition, please encourage those you know to apply today.

See and share Lisa’s original post on LinkedIn, here.