The triple glass ceiling

FinTech gender inequalities

Bibliographic Data

ID4495282
AuthorsChloe Fox-Robertson (0009-0003-0953-464X, University of Manchester, corresponding author), Daniel Wojcik (0000-0003-2158-284X, National University of Singapore), Dariusz Wójcik (0000-0002-4200-3432)
Year2024
Volume10
Issue2
Pages137-156
Publication date2024-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueFinance and Society (JOURNAL)
Journal identifiersISSN: 2059-5999 • E-ISSN: 2059-5999
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.2218/fas.2023.16
OpenAlexW4392563957
LanguageEN
Citations received10
References cited36

While FinTech gets promoted as an innovative and progressive solution to meeting financial needs globally, it is afflicted by pervasive gender inequalities, only recently noticed in research. To explore these gender inequalities at the core of FinTech, we use a mixed-methods approach, combining data on 100 leading FinTech firms and 15 interviews with FinTech professionals, collected in the latter half of 2021. We argue that women in FinTech face the 'triple glass ceiling' at the intersection of financial, technological, and entrepreneurial gender inequalities. Our sample shows that women account for only 7.69% of (co-)founders, 18.2% of executive committee members, and merely 4.04% of FinTech companies are led by a woman. Gendered stereotypes and a privileging of masculine performances produce significant barriers to women entering and progressing within FinTech. Discriminatory practices are overt and implicit, everyday and exceptional, micro and acute. Shattering the 'triple glass ceiling' in FinTech represents an immense challenge

Glass ceiling · Inequality · Political science · Structural engineering · Economic Growth and Development · Engineering · FinTech, Crowdfunding, Digital Finance · Law · Mathematics · Microfinance and Financial Inclusion

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