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51. Embedded Finance and Financial Inclusion with Mary Kemi Agbesanwa

51. Embedded Finance and Financial Inclusion with Mary Kemi Agbesanwa

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Key takeaways

  • Embedded investments are a great way to reduce digital friction and increase consumer loyalty and conversion.
  • Large financial institutions are lacking the ability to quickly embrace digital transformation as well as diversifying their financial planning.
  • Streamlined identity checks and payment flows are helping to ease the journey into investing.

This week on WealthTech Unwrapped, Ned and Dani cover the rise of sustainable finance and the challenges of its adoption. As a veteran in the finance industry, Helene believes that ‘green is the new black’, and Covid has accelerated the need to rethink the finance industry with an impact-focused perspective. However, with such a rapid growth in interest, greenwashing threatens this dialogue from creating meaningful actions. Helene summarizes the obstacles of sustainable investing as the data and literacy gap. She suggests that the lack of reliable and transferrable data and overwhelming numbers of terminology prevent a productive adoption. More often than not, investors raise doubts about financial returns when venturing into ESG funds. Helene considers this an incongruous concern as every investment involves a certain amount of trade-offs, and ESG funds shouldn’t be evaluated differently. In order to effectively tackle the gaps in sustainable investments, advisors should build their ESG knowledge beyond theoretical frameworks with use cases to help clients understand the narrative. A notable challenge in promoting sustainable finance are self-proclaimed ESG experts who might spread misinformation and endanger the work that seasoned industry professionals have been trying to stabilize. As sustainability is a subject that young investors are increasingly conscious of, Helene suggests that there’s no need to be overwhelmed or feel helpless because every little contribution goes a long way. Furthermore, there are organizations, like GoImpact, that are actively trying to chip away at the learning gaps to make adoption successful at a higher level. As such, even without the funds to invest sustainably, an awareness of the impact is also a part of the movement that requires the effort of all stakeholders coming together. Speaking of the future of sustainable finance, Helene hopes that in time to come, terms related to sustainable investments would become redundant, such that it is considered the norm rather than the exception.

Meet Our Guest Speaker

Mary Kemi Agbesanwa

FinTech Growth Lead at Seccl

Mary Kemi A. has been in the financial services industry since starting as a Management Consulting Intern at PwC UK in 2015. Since then, she has accumulated experience in the FinTech field, and is now a FinTech Growth Lead at Seccl. She also co-runs Now You’re Talking, a millennial and gen z women’s networking group that connects like-minded future leaders to opportunities and resources. Beyond her work in the financial industry, Mary blogs on Medium at ‘A Millennial’s Diary’ about career and personal development.

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