Episode 12: Why Community Matters for Women in Finance | Theodora Lau

In this episode of Girls in Finance, we interview Theodora Lau, founder of Unconventional Ventures, a company that connects founders with funders to drive innovation in the banking industry, to uncover how taking risks and pursuing diverse career paths can lead to unexpected and rewarding opportunities in FinTech. 

Theo began by highlighting the significant barriers that women continue to face in both the financial industry and broader financial systems. Despite years of discussion around diversity, women remain underserved by traditional financial institutions, and this lack of representation in leadership positions exacerbates the problem. Theo explained that true progress in fintech—and finance more broadly—depends on breaking down these structural barriers.

One of Theo’s key observations was the U.S. financial system’s lag in innovation, especially compared to its global counterparts. We’re still writing checks, while other countries have advanced into more efficient digital payments. The slow pace of change in the U.S. financial infrastructure, she argued, is not just a technological issue but a symptom of a deeply entrenched system that resists disruption. However, Theo sees this as an opportunity for significant improvement, particularly as digital platforms and fintech innovations continue to reshape industries around the world.

Theo’s vision for the future of fintech is grounded in a belief that technology can drive greater financial inclusion. She pointed to advancements in digital banking, payment systems, and artificial intelligence as transformative tools—if used responsibly. "Innovation should serve people," she emphasized, "not leave them behind." Theo stressed that while new technologies have the potential to democratize financial services, they must be designed with inclusivity in mind. Otherwise, there’s a risk of widening the gap between those with access to financial tools and those without.

Artificial intelligence (AI) in particular offers both promise and peril. Theo explained that AI can make financial services more accessible and efficient, but it also has the potential to reinforce existing biases if not properly managed. The algorithms that power AI-driven financial products could unintentionally replicate or deepen systemic inequalities if they aren’t carefully monitored and regulated.

Despite these challenges, Theo is optimistic. She praised the efforts of fintech companies that are working to drive positive social change, moving beyond the profit motive to focus on societal impact. Theo believes this approach will be key to the future of the industry: FinTech should aim not only to innovate but to create solutions that address the needs of underserved populations—women, small business owners, and marginalized communities.

Theo’s perspectives offer a thoughtful and forward-looking take on the intersection of finance, technology, and inclusion. Her call to action is clear: fintech must prioritize purpose-driven innovation that empowers rather than excludes. As the financial landscape continues to evolve, the companies that will succeed are those that create solutions that work for everyone.

For those interested in the future of finance, inclusion, and the role of technology, this conversation with Theo provides valuable insights into how the industry can navigate these challenges while advancing toward a more equitable future.