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the space andrews and horowitz, are responsible for the growth of many large fintech we know today. venture capital firms invest in hundreds of companies each year, hoping each one of these investments will pay off. in 2021, venture capital firms invested 35 billion in fintech start-ups, up from 18 billion in 2020. when we look at the founders of companies that receive disinvestment funding, there s an obvious trend toward white males and a lack of diversity is a trend at almost every industry capitalist invest in, it s particularly troubling in the fintech space. a significant number of fintech target underserved communities, which we know are disproportionately women and people of color. the largest fintech, including digital banks, payment process and cryptocurrency, actually market their products to women and people of color. yet when we look at the founders and leadership teams, they clearly do not reflect the communities that they claim to serve. only 2% of all ....
in the last decade has made possible because of massive amounts of venture capital investments that have made to start up companies. fintech companies rely on capital to turn innovative visions into reality. the largest players in the space andrews and horowitz, are responsible for the growth of many large fintech we know today. venture capital firms invest in hundreds of companies each year, hoping each one of these investments will pay off. in 2021, venture capital firms invested 35 billion in fintech start-ups, up from 18 billion in 2020. when we look at the founders of companies that receive disinvestment funding, there s an obvious trend toward white males and a lack of diversity is a trend at almost every industry capitalist invest in, it s particularly troubling in the fintech space. a significant number of fintech target underserved communities, which we know are disproportionately women and people of color. the largest fintech, including digital banks, payment ....
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