Female-owned fintechs lag in VC funding, but are more likely to succeed

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Companies founded by women receive significantly less than the venture capital available to all U.S. firms, but trends are improving for all startups this year, including for women-owned fintechs.

About 15 percent of the $82 billion in U.S. VC funding went to female-owned firms last year. VC is heading toward its first peak in a decade in 2018, and firms headed by women may reap record amounts, according to Pitchbook.

VC funds are available for females launching fintechs, but women need to know the keys for asking for funding and advice in VC circles, said Kim Seals, speaking on a panel last month about women in fintech at the Women’s Network in Electronic Payments summit in Atlanta.

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