A Brazilian company is pushing an entire industry to become more inclusive

  • 📰 Women 2.0
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

“Many of the structural choices we’ve made in terms of gender equality and inclusion are reflective of the fact that I have been here from the beginning.'

The early years of a startup are usually challenging, but Cristina Junqueira had it harder than most. It was 2013 and she was the only female co-founder at Brazilian fintech Nubank, and she was pregnant. She was at the firm’s cramped first office in São Paulo when her water broke.

At the time, Nubank was a small fintech co-founded by David Vélez, Edward Wible, and Junqueira. They wanted to create a company that improved the customer banking experience by reducing bureaucracy in access to services and high fees, a standard in the heavily-concentrated Brazilian market.

“Looking back at my corporate career, I remember how tough it was [to work in] those predominantly male environments and do things like wear suits just to fit in,” she recalls. “When I co-founded Nubank, I was determined to create a working environment without all the stupid barriers that are very detrimental to women’s career development. Nobody has to go through what I went through.”Nubank’s policies that address gender equality include bringing more women into its technology teams.

All this translates to a more inclusive culture. Women now make up 43% of the digital bank’s workforce of over 2,000 people, including 30% of all senior roles. By comparison, women account for only 8% of senior roles in the banking sector overall in Brazil, according to consulting firm Oliver Wyman.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 149. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Moonheart Entertainment Scores Investment From Saba Industries Group Owner (EXCLUSIVE)Malini Saba, owner of Saba Industries Group, has made a key investment in Moonheart Entertainment, the newly launched gaming, television film, and media company that is focused on providing content…
Source: Variety - 🏆 108. / 63 Read more »