With 78% of Americans living paycheck to paycheck, it’s clear that consumers are struggling. Fintechs have the potential to play a leading role in solving this problem, yet face competing priorities – around design, funding sources, profit margins, and more – making it challenging to make meaningful progress. Nonprofits focused on improving financial security and opportunity have much to contribute including research, consumer insights, and innovations that can be leveraged to address this gap. nLIFT, or Nonprofit Leaders in Financial Technology, is a coalition of nonprofits that have been working for the last few years to define a broader vision for fintech that includes the strategic work and practical actions that fintech leaders can take on to deliver on the promise of integrating the needs of financially vulnerable Americans. Join nLIFT leaders who will discuss their unique role in the fintech sector and how the ecosystem can take on these challenges for long-term impact.
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