Startups founded by women still face more difficulties raising cash than do other firms, a study shows. — Pixabay
Funding for female entrepreneurs in financial technology has grown in recent years, yet startups founded by women still face more difficulties raising cash than do other firms, a study shows.
Women-founded fintechs raised an average of 50% less capital over the past five years than startups founded only by men, consulting firm Deloitte said in a report Oct 1. Firms with a team of men and women founders took in just 3% less in funding.
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